Mortgage rates have been fluctuating over the past month, but all the changes have been small. This week, interest rates have finally made a more noticeable dip. According to Freddie Mac, the 30-year fixed mortgage rate dropped by eight basis points this week to their lowest point in a year. Lower rates may leave you wondering: Is it a good time to buy a house? In this article: Are mortgage rates dropping? As of Oct. 23, Freddie Mac reported that the average 30-year fixed-rate mortgage rate had fallen b ...