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Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The current median interest rate is 5.990% for a 30-year fixed-rate mortgage and 4.990% for a 15-year fixed-rate mortgage.
See how low of a mortgage rate you could lock in here today.
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.