Homebuyers should focus on personal affordability rather than waiting for rates to drop further.
Monitoring mortgage rates regularly can help identify the best time to lock in a rate.
Credit scores significantly affect rates, so checking and correcting errors can improve mortgage offers.
Shopping around and comparing multiple lenders can save thousands over the life of a loan, with more quotes generally yielding better savings.
Careful planning, lender comparison, and credit optimization are key strategies to secure the most favorable mortgage rate.