After notching a one-year high last week, mortgage rates have dropped four of the last five market days. Rates fell for many other loan types as well.

As you consider buying a home, you’ll likely weigh different mortgage types. For most prospective buyers, a 30-year fixed-rate mortgage is the top pick. It offers more manageable monthly payments because you’re stretching the loan over three decades as opposed to 10 or 15 years.

Mortgage rates drop slightly nationwide as 30-year fixed hits 6.97%. See what today’s averages mean for buyers.