With interest rates still well below 5 percent on a 30-year, fixed-rate mortgage, now is the right time for many buyers to become homeowners, lock in low rates and pay less over the life of the loan, according to Realtor.com.

For example a homeowner who finances a $300,000 home with a 30-year, fixed-rate mortgage at 5 percent interest will pay $67,746 less over the life of the loan than a buyer with a loan at 6 percent, Realtor.com finds.

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