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Yes, that's a good interest rate for right now. I bought my house in October and got 5.5, which was great for right then. Now it's run of the mill.
Interest rates are very difficult to predict. Yes, it's possible they will get lower. But it's also possible they'll get higher. There is no reason I know of to expect a large jump either way anytime soon though.
One thing to consider, is that often you can get a lower interest rate if you have a shorter term to the loan. And some loan companies are willing to consider non-typical loan lengths like 20 or 25 years. You'd save a lot of interest that way, if you are certain you can afford a slightly higher monthly payment each month.
Good luck!
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