Rates on 30-year loans had wavered for two weeks, but have now pushed higher for four days, reaching their highest level since July. Most other loan types also climbed.

As of Oct. 23, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year fixed-rate mortgage is 6.88%, which is 0.13 percentage points higher than yesterday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.00%, which is 0.12 percentage points higher than yesterday.

After waiting years for interest rate cuts from the Federal Reserve, home buyers are now facing even higher mortgage rates.

With a third daily increase, 30-year mortgage refi rates have risen to their highest level since mid-August—rising up from the 19-month low registered in September.

Applications for mortgages fell to the lowest level in three months as high rates weighed on home buyers. Activity as measured by the market composite index — a measure of mortgage application volume — was down in the past week,

Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July, according to the Mortgage Bankers Association's seasonally adjusted ind

Key Takeaways A near 7% drop in mortgage application volume sent demand to its lowest levels since July.Mortgage rates remained unchanged this week but are still higher than the lows seen in September.

The contract rate on a 30-year fixed mortgage held at 6.52%. A month ago, the rate stood at a two-year low of 6.13%.

With a fourth daily increase, 30-year refi rates have risen to their most expensive level in more than 10 weeks—rising up from the 19-month low they sank to in September.