Alabama — Friday, September 3, 2010

Zillow Mortgage Marketplace reports Alabama mortgage rates for 30-year fixed-rate mortgages increased 5 basis points from 4.34% to 4.39% on Friday. State mortgage rates ranged from the lowest rate of 4.22% (UT) to the highest rate of 4.41% (MD, MS, NV). Currently, Alabama mortgage rates are 11 basis points higher than the national average of 4.28%.

The Alabama mortgage rate on September 3, 2010, is up 8 basis points from last week's average Alabama rate of 4.31%.