Mortgage rates in the United States have risen for the fifth week in a row, with the average rate for a 30-year fixed loan now standing at 6.72%. This is an increase from the previous week's average of 6.54%.

The continuous upward trend in mortgage rates reflects the overall economic conditions and could have an impact on the purchasing power of homebuyers in the housing market. As rates continue to climb, individuals considering buying a home or refinancing will need to carefully consider the implications for their financial decisions.