📉 Mortgage Market Whiplash – What Buyers Need to Know
The mortgage market has been on a rollercoaster — and buyers are feeling it.
The first week of April brought us the lowest interest rates of the year, dipping to 6.63%. The response was immediate:
🔁 Refinance applications jumped 35%
📈 Purchase applications surged 20%
But the celebration was short-lived.
Just one week later, by Friday, April 11, rates shot back up to 6.97% — the highest levels of 2025 so far.
That kind of volatility can be paralyzing for buyers. It’s confusing, frustrating, and leaves many unsure of when to make a move.
💡 Our Advice: Clarity is Your Competitive Edge
In a fluctuating market, being fully prepared matters more than ever. Preapproval is no longer enough. Skip the basic preapproval. Go straight to full underwriting
✅ Encourage your buyers to get fully underwritten and approved
This means they’ll be ready to act the moment rates dip again — with confidence, speed, and strength.
Questions about how to navigate today’s mortgage environment? We’re here to help — with trusted lender connections and strategic guidance every step of the way.