For the fifth consecutive week, mortgage rates have moved even higher. According to the latest data out from Freddie Mac, the average 30-year fixed mortgage rate now sits at 6.72%.

Yahoo Finance housing reporter Claire Boston joins Brad Smith on Wealth to speak more the latest mortgage print and what recent inflation data is indicating about the Federal Reserve's next interest rate decision.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Luke Carberry Mogan.