Rates fell for the third month in a row. Here is where they stand. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏
Keel Mortgage
Monthly rate update
Line chart of mortgage rates going down over seven months with a small house icon

Rates fell for the third month in a row

Good news if you are buying or thinking about a refinance. Here are our rates as of 1 November.

30 year fixed

6.12%
Down 0.18 since October

15 year fixed

5.41%
Down 0.11 since October

5/1 ARM

5.88%
No change

Inflation cooled in September, and bond yields followed. Most forecasts expect rates to hold or ease a little before the new year. If your current rate is above 7%, a refinance may now save you money each month.

 
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Keel Mortgage Ltd
400 Harbor Plaza, Suite 12, Newport. NMLS 555-0101

Rates are for well qualified buyers and can change daily. This is not a loan offer.

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