After a five-week decline, mortgage rates have now climbed for two straight weeks. We break down how much the increase could cost you on your monthly payment.

Experts say average 30-year fixed mortgage rates are likely to stay above 6.5% in the coming months, with a potential for small and temporary dips, not substantial drops. Prospective homebuyers are also contending with a long-standing housing shortage, high home prices and a loss of purchasing power.