Republican President-elect Donald Trump won Nevada, a state that hadn’t backed a Republican since 2004, bringing his Electoral Vote count to 301.

Donald Trump has 301 electoral votes and has won six of the seven battleground states after taking Nevada. Only Arizona remains to be called.

Although Trump has vowed to somehow lower mortgage rates if elected, the prospect of his election victory had been driving mortgage rates higher in recent weeks. After touching a two-year low in mid-September, mortgage rates have risen for five consecutive weeks, hitting 6.72% last week, according to Freddie Mac.