Homebuyers Jump on the Chance to Lock in a Good Deal

Mortgage rates are still falling as the Fed announced another quarter-point rate hike in March.
The avg 30-yr fixed rate ↓ to 6.42% and the avg rate on a 15-yr home loan ↓ to 5.68% last week.
Also, the purchase demand has improved and home prices have stabilized.
Demand for mortgages ↑ 3% WoW by the end of March.