Mortgage rates are currently at their lowest point in over a year, with the average 30-year fixed rate at 6.15% and the 15-year fixed rate at 5.57%, according to Zillow. With rates so favorable, now could be a good time to buy a house. Remember, these are national averages and rounded to the nearest hundredth. Mortgage refinance rates are also available, with the 30-year fixed rate at 6.27% and the 15-year fixed rate at 5.75%. It’s important to shop around for the best lenders and rates to secure the lowest mortgage rates possible.

Read more at Yahoo Finance: Compare 30-year and 15-year rates and payments