Mortgage Rates Stable, Time to Shop Around
Update: 2025-12-22
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Mortgage rates remain stable, offering opportunities for homebuyers and refinancers. The average thirty-year fixed rate is at 6.03%, with fifteen-year and twenty-year fixed rates also competitive. Adjustable rates are similarly low. Refinance rates are slightly higher, but the choice between loan terms significantly impacts monthly payments and total interest. Experts predict rates will rise in the coming years, so now is a good time to compare lenders and secure the best deal.
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