The best deals on home loans are just as good as they were in September.
The lowest rates for a 30-year, fixed-rate mortgage ranged from 5.125% to 4.875% in the 10 cities we surveyed this month, almost identical to the 5.125% to 4.625% range we found in September.
That definitely beats the best deals we were seeing over the summer with one caveat. Although interest rates are lower, the fees lenders are charging to arrange home loans are a little higher this fall.
Anyone shopping for a mortgage can use these results to judge the deals they’re being offered.
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