Mortgage rates go down to 4.70%

Mortgage rates go down to 4.70%

Mortgage Rates For Mortgage rates go down to 4.70%
Mortgage Rates Average

United States — Monday, December 20, 2010

National mortgage rates on 30-year fixed mortgages fell 1 basis points from 4.71% to 4.70% on December 20, 2010, according to Zillow Mortgage Marketplace. As a comparison, state rates ranged from a low of 4.63% (OR) to a high of 4.84% (IA, OH).

Compared to the week prior to December 20, 2010, the national 30-year mortgage rate is down 5 basis points from 4.75%. Compared to three months ago, the 30-year rate is up 40 basis points from its average rate of 4.30%.