"Homebuyers Capitalize on Dropping Mortgage Rates in March 2024"

Today's 30-year fixed-rate mortgage is at 6.375%, 0.125 percentage points lower than Friday. To get the best rate, compare different lenders' rates, terms, and fees. Factors affecting mortgage rates include credit score, location, loan type, and economic conditions. To qualify for a mortgage, have steady employment, review assets, check credit score, and prepare for upfront costs. Refinancing your mortgage can help lower interest rates, change repayment terms, or access home equity. Use Credible's online tool to compare multiple lenders and see prequalified rates.