Mortgage rates are decreasing, with the average 30-year fixed rate at 5.90% and the 15-year fixed rate at 5.36%. Now could be a great time to buy a house or refinance. National averages for various mortgage types are provided by Zillow. Adjustable-rate mortgages offer lower initial rates but can rise later. To secure lower rates, aim for higher down payments, improved credit scores, and lower debt-to-income ratios. Consider paying discount points to lower rates permanently. Different sources may provide varying rate averages. Forecasts predict mortgage rates to remain above 6% in the coming years.

Read more at Yahoo Finance: Rates fall by over 80 basis points in 6 months