30-Year Fixed Mortgage Rates Fall Slightly; Current Rate is 3.75%, According to Zillow Mortgage Rate Ticker
November 24 2015 - 2:00PM
The 30-year fixed mortgage rate on Zillow® Mortgages is currently
3.75 percent, down four basis points from this time last week. The
30-year fixed mortgage fell throughout the week before settling at
the current rate.
"Mortgage rates remained fairly flat last week," said Erin
Lantz, vice president of mortgages at Zillow. "There is a risk of
short-term volatility this holiday-shortened week due to lower than
normal market participation and several important data
releases."
Zillow's real-time mortgage
rates are based on thousands of custom mortgage
quotes submitted daily to anonymous borrowers on the Zillow
Mortgages site and reflect the most recent changes in the market.
These are not marketing rates, or a weekly survey.
The rate for a 15-year fixed home loan is currently 2.93
percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is
2.92 percent.
Below are current rates for 30-year fixed mortgages by state.
Additional states' rates are available at:
http://www.zillow.com/mortgage-rates.
|
|
Current |
Last Week's |
|
|
30-Year |
30-Year |
Change in |
State |
Fixed Rate |
Fixed Rate |
Basis |
|
(11/24/15) |
(11/17/15) |
Points |
California Mortgage Rates |
3.72% |
3.77% |
-5 |
Colorado Mortgage Rates |
3.81% |
3.78% |
+3 |
Florida Mortgage Rates |
3.80% |
3.82% |
-2 |
Illinois Mortgage Rates |
3.81% |
3.82% |
-1 |
Massachusetts Mortgage Rates |
3.82% |
3.83% |
-1 |
New Jersey Mortgage Rates |
3.77% |
3.81% |
-4 |
New York Mortgage Rates |
3.85% |
3.87% |
-2 |
Pennsylvania Mortgage Rates |
3.76% |
3.79% |
-3 |
Texas Mortgage Rates |
3.77% |
3.80% |
-3 |
Washington Mortgage Rates |
3.80% |
3.80% |
0 |
About Zillow Mortgages
Zillow Mortgages, operated by Zillow, Inc., is a free, open, and
transparent lending marketplace, where borrowers connect with
lenders to find loans and get the best mortgage rates.
Borrowers anonymously submit loan requests and receive an unlimited
number of custom mortgage quotes with real rates directly from
thousands of competing lenders. Zillow Mortgages also
provides mortgage calculators, mortgage advice, mortgage widgets,
and lender directories.
Zillow is a registered trademark of Zillow, Inc.
The Zillow logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=28924
CONTACT: Media Contact:
Catharine Neilson, Zillow
press@zillow.com
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