Mortgage Rates For Mortgage rates go up to 4.20%
Mortgage Rates Average
National mortgage rates on 30-year fixed mortgages climbed 1 basis point from 4.19% to 4.20% on October 28, 2010, according to Zillow Mortgage Marketplace. As a comparison, state rates ranged from a low of 4.08% (NY, VT) to a high of 4.36% (NV).
Compared to the week prior to October 28, 2010, the national 30-year mortgage rate is up 10 basis points from 4.10%. Compared to three months ago, the 30-year rate is down 17 basis points from its average rate of 4.37%.
I'm not surprised that its going up. These figures never come so low as to make it virtually easy. The real estate market is set to fail and any lowering of a rate is just to increase new mortgages so the rate can raise again.
International Level: Junior Politician / Political Participation: 100 10%