Mortgage Rates Dip: What It Means for You

Mortgage Rates Dip: What It Means for You

Update: 2025-10-22
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Mortgage Rates Drop! Good news for homebuyers and refinancers as rates dip to 6.10% for 30-year fixed loans and 5.42% for 15-year loans. Should you choose a 30-year, 15-year, or adjustable-rate mortgage? We break down the pros and cons, plus expert predictions on where rates are headed and tips to snag the best deal.

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Mortgage Rates Dip: What It Means for You

Mortgage Rates Dip: What It Means for You