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Mortgage Rates Are on a Tear – Mortgage rates moved lower for the 6th straight day, bringing them very close to the best levels since late 2017. especially when there are surprising economic updates or central bank policy at the.
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Fixed-Rate Mortgage. The most popular home loan features an interest rate that doesn’t change over the life of the loan. That means the principal and interest portion of your monthly payment won’t fluctuate, which makes it easier to budget for your mortgage from month-to-month.