Just looked back at the mortgage market from November 2023—interesting how interest rates were holding pretty steady around that time. The 30-year fixed was sitting at 7.99%, barely budging from 8.06% the week before. Meanwhile, 15-year rates dropped slightly to 7.16%. What caught my eye was how the jumbo mortgage rates moved differently—those fell more noticeably to 7.88%. Felt like the market was trying to find some balance in November 2023 after all the rate hikes earlier in the year. The APR numbers were telling too—on a 30-year mortgage, you're looking at over 160k in total interest on a 100k loan. That's the kind of thing that makes people think twice about refinancing. Anyway, those interest rates in November 2023 seemed like a potential turning point where things weren't getting worse, at least. Made sense that people were comparing options hard at that moment.