
Here’s Why Mortgage Rates Are What They Are Right Now
If you’re waiting for mortgage rates to fall a lot before you buy, you may be waiting a while.
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If you’re waiting for mortgage rates to fall a lot before you buy, you may be waiting a while.

If you’re planning to buy your next home soon, you’ve probably heard the old rule about saving 20% for your down payment.

Imagine waiting a year to buy a home, only to find mortgage rates haven’t changed much. That may sound frustrating. But it’s a real possibility.