Mortgage rates have been reported to be edging higher, with the 30-year fixed rate reaching 6.11% on one day, although there are conflicting reports of rates dropping to their lowest level in nearly three months or even three years. The average long-term mortgage rate has also been reported to be 6.24% at some point. The movement in mortgage rates may be related to geopolitical events, including a US-Iran ceasefire, but the overall trend is unclear.