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Mortgage and refinance rates have gone down across the board since last Sunday, with all mortgage rates dipping by at least nine basis points. Overall, rates are low.
Currently, ARM rates start higher than fixed rates, and there’s the possibility that your rate will increase in the future. If you’re aiming to buy a home or to refinance, you might want to go for a fixed-rate mortgage soon.
Rates from Money.com
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Mortgage rates have fallen since last Sunday, with 10/1 ARM rates ticking down by 56 basis points. However, fixed rates and 7/1 ARM rates are up from this point last month.
We’re giving you the average rates nationwide for conventional mortgages, which might be what you consider “standard mortgages.” You might earn a better rate with a government-backed mortgage through the FHA, VA, or USDA.
Rates from Money.com
Click here to compare offers from refinance lenders »
Since last week, all refinance rates have gone down. Rates for 7/1 ARMs have dropped by 62 basis points, and all rates have decreased…