Kalshi odds rise for mortgage rates above 6.8% after 30-year hits 6.75%

After the 30-year fixed mortgage rate climbed to 6.75% on Tuesday, prediction-market traders on Kalshi increased their odds that rates will exceed 6.8% this year and could even reach 7%. The move followed a surge in Treasury yields, with the 30-year Treasury yield at its highest level since 2007, while housing-demand data cited in the report suggested buyer interest had not yet meaningfully cooled.