This week’s mortgage rates bounced off of the 2017 lows they descended to last week but are not likely to move higher over the next week.

For the entire month of March, conventional 30-year fixed rates on loans up $424,100 that were used to finance a home purchase averaged 4.24 percent.

The average, which was based on a small survey of mortgage lenders by the Federal Housing Finance Agency, fell from 4.41 percent a month earlier.

Source: Mortgage Daily