Mortgage rates have soared in the past month, but market participants appeared to take a wait-and-see approach this week as they contemplate further price increases for home loans.

On Monday, Mortgage News Daily reported that 30-year fixed rates averaged 6.43%, down 4 basis points in the past week. MND rates are based on best-execution pricing from lender rate sheets.

HousingWire’s Mortgage Rates Center on Tuesday showed that rates for 30-year conforming loans averaged 6.52%, up 7 bps from one week ago. That figure is also up 38 bps after bottoming out at 6.14% in early March.

Rates for 30-year loans details ⇒

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