Just looking back at what mortgage rates in April 2023 looked like and kind of surprised how much movement there was in that period. So 30-year fixed was sitting around 6.93% if I remember right, while 15-year rates climbed to 6.34% - that's up from the week before. The mortgage rates in April 2023 showed some interesting patterns where shorter-term rates were actually moving while the longer ones stayed pretty flat.

What caught my eye was the jumbo mortgage side stayed steady at 6.98% for 30-year, but if you were looking at a 5/1 ARM you could get in around 5.74%. On a $100k loan at those mortgage rates in April 2023, you're looking at like $661 a month for the 30-year, which adds up to around $138k in interest over the life of the loan. The 15-year was hitting $862 monthly on the same amount.

Interesting to see how April 2023 mortgage rates compared to earlier that year - the 52-week lows were way lower, like 4.60% for 15-year and 3.66% for ARMs. Shows how much rates had already climbed by spring. The APR numbers were also slightly higher than the base rates since they factored in lender fees, which is why understanding that difference matters when you're actually shopping around.