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When it comes to buying a home, understanding mortgage rates is essential for making informed decisions. With these rates fluctuating based on a variety of economic factors, buyers need to grasp how they impact the overall affordability of a home. Whether you're a first-time buyer or looking to refinance, having a strong grasp of current mortgage rates can save you thousands over the life of your loan. Navigating the mortgage landscape can be daunting, especially with terms and conditions that often feel overwhelming. However, being aware of how mortgage rat