Mortgage Rates For Mortgage rates go down to 4.70%
Mortgage Rates Average
National mortgage rates on 30-year fixed mortgages fell 4 basis points from 4.74% to 4.70% on December 30, 2010, according to Zillow Mortgage Marketplace. As a comparison, state rates ranged from a low of 4.59% (ID) to a high of 4.93% (ND).
Compared to the week prior to December 30, 2010, the national 30-year mortgage rate is down 2 basis points from 4.72%. Compared to three months ago, the 30-year rate is up 47 basis points from its average rate of 4.23%.