Mortgage market conditions have improved slightly as the calendar is set to flip to May, but anyone expecting sub-6% rates at the start of the year will be disappointed.

Data at HousingWire’s Mortgage Rates Center on Tuesday showed that 30-year and 15-year conforming rates were averaging 6.95% and 6.82%, respectively. These figures were down slightly compared to one week ago and represent a partial pullback from the huge spikes seen earlier in April.

Charles Goodwin, vice president of sales at San Francisco-based private lender Kiavi, told HousingWire that he does not expect the Federal Reserve to provide details ⇒

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