Today's mortgage rates drop for both 15- and 30-year terms

Today's mortgage rates drop for both 15- and 30-year terms

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The interest rate on a 30-year fixed-rate mortgage is 7.125% as of November 20, which is 0.375 percentage points lower than Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.250%, which is also one whole percentage point lower than Friday. With mortgage rates changing…

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