United States — Friday, May 18, 2012

National mortgage rates on 30-year fixed mortgages fell 1 basis points from 3.59% to 3.58% on May 18, 2012, according to Zillow Mortgage Marketplace. As a comparison, state rates ranged from a low of 3.53% (GA, WY) to a high of 3.66% (UT).

Compared to the week prior to May 18, 2012, the national 30-year mortgage rate is down 10 basis points from 3.68%. Compared to three months ago, the 30-year rate is down 11 basis points from its average rate of 3.69%.