Quite a few mortgage rates have gone down today, which also includes the average rates for both 15-year fixed and 30-year fixed mortgages. The average rate for adjustable-rate mortgages has gone down inexplicably as well. Although it is quite common for the rates to keep fluctuating, the current situation finds them lower than they have been in years.

And due to this, it is a good time for prospective homebuyers to secure a fixed rate on their property. Now, before you purchase a house, you need to remember to take into account your financial condition as well as your personal needs- while shopping from various lenders, to see which one fits you the best. 

The Different Fixed Mortgage Rates

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