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The current average 30-year fixed mortgage rate fell 2 basis points from 3.88% to 3.86% on Tuesday, according to the Zillow.

The 30-year fixed mortgage rate on November 29, 2016 is down 4 basis points from the previous week’s average rate of 3.90%.

Additionally, the current national average 15-year fixed mortgage rate decreased 2 basis points from 3.10% to 3.08%. The current national average 5/1 ARM rate is down 1 basis point from 2.99% to 2.98%.

Source:Zillow

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