Is 3.75% a good interest rate for a mortgage?

-What is the average interest rate that first time homebuyers, or any homebuyer, gets? -What decides how high or low an interest rate is? -Is an interest rate the same for everyone across the board at a given time or, does it vary at all times?(I ask because, i hear a lot of "this is the best time to... show more -What is the average interest rate that first time homebuyers, or any homebuyer, gets?

-What decides how high or low an interest rate is?

-Is an interest rate the same for everyone across the board at a given time or, does it vary at all times?(I ask because, i hear a lot of "this is the best time to buy a home/interest rates are at an all time low)

Thanks!
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