Mortgage Rates For Mortgage rates go down to 4.13%
Mortgage Rates Average
National mortgage rates on 30-year fixed mortgages fell 1 basis points from 4.14% to 4.13% on November 11, 2010, according to Zillow Mortgage Marketplace. As a comparison, state rates ranged from a low of 4.05% (UT) to a high of 4.23% (MS).
Compared to the week prior to November 11, 2010, the national 30-year mortgage rate is up 7 basis points from 4.06%. Compared to three months ago, the 30-year rate is down 16 basis points from its average rate of 4.29%.
Today, Canadian mortgage rates started to climb back up for the third time in a month. The Royal Bank of Canada, (RBC) the largest bank in the country raised its fixed rates by .10 to .30%
Five year fixed rates are now at 4.05%
TD Canada Trust followed and 2 other lenders have now announced rate increases at the end of the business day today.
Canadians who want to buy a home within the next 90 days are urged to contact a mortgage broker today to secure a 90 day rate hold at the old rates of 3.79%