While any dip in rates is good news, most homeowners still won't be able to benefit from a refinancing their mortgages.

Refi rates have surged, retreated, and risen back up in April. But Wednesday brought some relief with a downtick, with rates on several other refi loan types also falling.

Freddie Mac’s average rate for a 30-year fixed-rate mortgage ticked down to 6.81% for the week ending April 24.