30-Year Fixed Mortgage Rates Remain Flat; Current Rate is 3.32%, According to Zillow Mortgage Rate Ticker
July 26 2016 - 2:00PM
The 30-year fixed mortgage rate on Zillow® Mortgages is currently
3.32 percent, unchanged from this time last week. The 30-year fixed
mortgage hovered between 3.30 and 3.39 percent for most of the week
before settling at the current rate on Tuesday.
“Mortgage rates were flat last week as there was very little
incoming data and central bank decisions came largely as expected,”
said Erin Lantz, vice president of mortgages at Zillow. “This week
should be more volatile. Although the Fed is unlikely to raise
interest rates, their statement should provide more signal about
the path of rates ahead. In addition, GDP data scheduled for later
in the week is among the most important data releases watched by
financial markets.”
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 2.60
percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is
2.75 percent.
Below are current rates for 30-year fixed mortgages by state.
Additional states’ rates are available at:
http://www.zillow.com/mortgage-rates.
|
|
|
|
|
|
|
State |
Current30-Year Fixed Rate
(7/26/16) |
Last Week’s 30-Year Fixed Rate
(7/19/16) |
Change in Basis Points |
|
|
California Mortgage Rates |
|
3.29 |
% |
|
3.31 |
% |
-2 |
|
|
Colorado Mortgage Rates |
|
3.35 |
% |
|
3.26 |
% |
+9 |
|
|
Florida Mortgage Rates |
|
3.28 |
% |
|
3.32 |
% |
-4 |
|
|
Illinois Mortgage Rates |
|
3.31 |
% |
|
3.32 |
% |
-1 |
|
|
Massachusetts Mortgage Rates |
|
3.31 |
% |
|
3.39 |
% |
-8 |
|
|
New Jersey Mortgage Rates |
|
3.30 |
% |
|
3.32 |
% |
-2 |
|
|
New York Mortgage Rates |
|
3.38 |
% |
|
3.41 |
% |
-3 |
|
|
Pennsylvania Mortgage Rates |
|
3.32 |
% |
|
3.30 |
% |
+2 |
|
|
Texas Mortgage Rates |
|
3.31 |
% |
|
3.32 |
% |
-1 |
|
|
Washington Mortgage Rates |
|
3.31 |
% |
|
3.28 |
% |
+3 |
|
About Zillow MortgagesZillow 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.
Media Contact:
Catharine Neilson, Zillow
press@zillow.com
Zillow (NASDAQ:Z)
Historical Stock Chart
From Mar 2024 to Apr 2024
Zillow (NASDAQ:Z)
Historical Stock Chart
From Apr 2023 to Apr 2024