October 2023 Mortgage Rates Fluctuate: What It Means for Buyers and Investors
Mortgage interest rates saw mixed shifts as of October 25, 2023, with the 30-year fixed-rate mortgage inching up to 7.69%, while the 15-year fixed rate held steady at 6.95%. These rates remain elevated compared to this time last year, continuing to pose challenges for potential homebuyers and those looking to refinance. Fluctuating rates are largely…