Mortgage interest rates are dropping. Here's how to find the best one this October, according to some experts.

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If you ever thought about refinancing your mortgage, your goal is probably to find a lower interest rate and reduce your monthly payments. After all, most homeowners aren't inclined to trade in their current mortgage rate for a more expensive one.

Mortgage interest rates could still fall in October, even without a Fed meeting. Here's what could cause that drop.

Mortgage rates have dropped by over 1% since May 2024, and even lower rates could come in 2025. See who could get the best deals in the housing market.

Key Takeaways - When Should You Refinance an Adjustable-Rate Mortgage? Adjustable-rate mortgage loans grew more popular in 2022 thanks to a record surge in mortgage rates. Favorable short-term introductory rates can make ARMs an attractive option for some homebuyers.