Mortgage applications rebounded 20% last week as rates dipped
Housing Wire
APRIL 9, 2025
All average contract interest rates saw decreases across the board. The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances decreased to 6.65% from 6.76%, while the average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.33% from 6.37%.
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