Mortgage rates in 2026 are lower than early 2025, with strategies to secure rates below the national average. Key tips include improving credit scores, maintaining a debt-to-income ratio below 25%, making larger down payments, and considering buying discount points to lower rates. Interest rate buydowns and adjustable-rate mortgages (ARMs) can offer short-term savings. Shorter-term loans typically have lower rates but higher payments. Assumable loans are rare but possible with certain government-backed mortgages. Refinancing depends on rate drops and long-term goals.
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