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

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

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The interest rate on a 30-year fixed-rate mortgage is 8.000% as of October 16, which is 0.500 percentage points lower than what it was on Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 7.625%, which is 0.875 percentage points higher than it was on Friday. With mortgage…

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