Homebuyer Mortgage Demand Jumps as Interest Rates Drop to Two-Month Low

CNBC, Apr. 12, 2023–Diana Olick
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.30% from 6.40%, with points decreasing to 0.55 from 0.59, including the origination fee, for loans with a 20% down payment, according to the Mortgage Bankers Association. That was a weekly average decline, but a sharper, one-day drop smack in the middle of the week was likely the impetus for demand.
https://www.cnbc.com/2023/04/12/homebuyer-mortgage-demand-jumps-as-interest-rates-hit-two-month-low.html