But given that 30-year refi rates fell as low as 6.71% in early March, today's rates are elevated. The current average is also 1.2 percentage points above last September's two-year low of 6.01%.

But given that 30-year refi rates fell as low as 6.71% in early March, today's rates are elevated. The current average is also about 1.15 percentage points above last September's two-year low of 6 ...