Today’s mortgage rates fall for 30-year terms, while 15-year rates remain unchanged

Today’s mortgage rates fall for 30-year terms, while 15-year rates remain unchanged

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The interest rate on a 30-year fixed-rate mortgage is 7.875% as of October 12, which is 0.125 percentage points lower than what it was yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 7.625%, the same as it was yesterday. With mortgage rates changing daily, it’s a…

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