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National Average Mortgage Rates: 4.59% APR 30-year fixed

Tuesday, December 18, 2018   /   by Teresa McCormick

National Average Mortgage Rates: 4.59% APR 30-year fixed

If you are looking to buy home, the time is now!!! With the prices of homes dropping and the recent mortgage rate drop, you can get more home for the money. 

Contact me today to discuss the best loan options and lets start looking for a home!! 

Teresa McCormick


National Average Mortgage Rates:
4.59% APR
30-year fixed

Mortgage rates fell this week. Is it time to lock in a lower rate?

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This mortgage rate is displayed through Zillow Group Marketplace, Inc. (f/k/a Zillow Group Mortgages, Inc.) ("ZGMI") a licensed mortgage broker, NMLS #1303160. The 4.59% APR example is the average mortgage rate for a 30-year fixed term loan displayed by certain lenders listed on Zillow on December 18, 2018, and assumes a $240,000 loan amount, 20% down payment, credit score of 720-739, and $1,229 monthly payment of principal and interest. The monthly payments do not include amount for taxes and insurance, and the actual monthly payment may be greater. Not all borrowers will qualify for these rates. ZGMI does not make loans and this is not a commitment to lend. Final loan approval is subject to criteria established by a lender, including satisfactory appraisal, title review, and underwriting determination, among other criteria. Rates subject to change without notice. Restrictions apply.

ZGMI does not aid or assist consumers in obtaining loans, solicit consumers or lenders for loans, offer or negotiate terms of loans, make loans or credit decisions in connection with loans, take applications for credit, or issue pre-approval letters. ZGMI allows consumers to provide certain information to lenders. ZGMI does not guarantee that the loan terms or rates offered and made available by lenders are the best terms or lowest rates available in the market.