RATES HAVE DROPPED!

Mortgage rates just hit a three-week low, with the average 30-year mortgage loan rate dropping to 7.54% — down 8 basis points from the week prior. The 15-year mortgage rate also declined, hitting an average of 8.82%, a drop of 1 basis point from the week prior.

But they may not stay that way for long. There are clear signs that mortgage rates are likely to increase again in the coming weeks or months, so if you're thinking about buying a home in the near future, you need to make this one move now. 

Thinking about buying a home? the one move you should make right now is to lock in your mortgage rate. By locking in your mortgage rate, you secure an agreed-upon interest rate with your lender for a specified period, typically ranging from 30 to 60 days.