Stock market risks, Bitcoin breaks through, and Trump Media’s crypto play: Markets news roundup

Mortgage rates are back up to almost 7% in a reversal of some of the declines in recent months, pointing to growing concerns about future inflation.

The 30-year-fixed rate jumped to 6.90% last week, up from 6.86% a week earlier and its highest level since July, according to data from the Mortgage Bankers Association released Wednesday. Despite the increase, overall mortgage loan application volume ticked up by 1.7% on a weekly basis.

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