The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages, specifically the yield on the US 10-year Treasury. The yield on the 10-year Treasury has climbed from 3.62 percent in mid-September to 4.66% this week.

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.

Global economic conditions and geopolitical events can also influence mortgage rates through their impact on the bond market. For example, during periods of uncertainty, investors tend to flock to the safety of the U.S. Treasury bonds, driving yields down and typically leading to lower mortgage rates.

“Even by the end of next year, it’s hard to see sub 6 percent mortgage rates,” said Mark Fleming, chief economist at First American, which predicts the average rate on a 30-year mortgage will range between 6% and 6.5% next year, per a report from The Hill.

These are today's mortgage and refinance rates. Mortgage rates are flat, but incoming job market and inflation data could push them up or down.