you’re going to be able to get your mortgage for less than what you would pay in rent,” he said.Emily’s storyEmily Phalen.
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But if you’re shopping for a new home or a new loan, don’t make any assumptions about where rates are going. If you see an attractive rate, you may want to lock it. The average rate on a 30-year fixed.
. to buy a home also perked up, increasing 10% after several weeks of lackluster showings as house shoppers finally responded to falling rates. The average contract interest rate for 30-year.