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How A Rare Type Of Mortgage Is Landing Homebuyers A 3% Mortgage RateMortgage rates continued to inch up this week, reaching percent. It is clear purchase demand is very sensitive to mortgage rates in the current market. On Saturday, November 9, , the average APR on a year fixed-rate mortgage fell 7 basis points to %. The average APR on a year fixed-rate mortgage. Check today's mortgage rates for buying or refinancing a home. Connect with us to estimate your personalized rate.