30-Year Fixed Mortgage Rates Fall to Lowest Levels Since November; Current Rate is 3.72%, According to Zillow Mortgage Rate T...
April 18 2017 - 2:12PM
The 30-year fixed mortgage rate on Zillow® Mortgages is currently
3.72 percent, down 12 basis points from this time last week. The
30-year fixed mortgage rate fell early last week, then hovered
around 3.76 percent for most of the week before falling to the
current rate.
“Geopolitical events – including fears of broader conflict in
the Middle East, looming elections in France, and President Trump’s
comments regarding the strength of the US dollar – drove mortgage
rates down last week to their lowest levels since the days after
the US presidential election in November,” said Erin Lantz, vice
president of mortgages at Zillow. “This week several data releases
and speeches could edge rates slightly higher or lower, but
geopolitical news is likely to continue driving any large movement
in rates.”
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 2.97
percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is
2.80 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 |
Current 30-Year Fixed
Rate (4/18/17) |
Last Week’s 30-Year Fixed Rate
(4/11/17) |
Change in Basis Points |
|
|
California Mortgage Rates |
3.70 |
% |
3.84 |
% |
-14 |
|
|
Colorado Mortgage Rates |
3.71 |
% |
3.85 |
% |
-14 |
|
|
Florida Mortgage Rates |
3.72 |
% |
3.84 |
% |
-12 |
|
|
Illinois Mortgage Rates |
3.72 |
% |
3.86 |
% |
-14 |
|
|
Massachusetts Mortgage Rates |
3.72 |
% |
3.81 |
% |
-9 |
|
|
New Jersey Mortgage Rates |
3.72 |
% |
3.84 |
% |
-12 |
|
|
New York Mortgage Rates |
3.81 |
% |
3.95 |
% |
-14 |
|
|
Pennsylvania Mortgage Rates |
3.71 |
% |
3.83 |
% |
-12 |
|
|
Texas Mortgage Rates |
3.71 |
% |
3.84 |
% |
-13 |
|
|
Washington Mortgage Rates |
3.74 |
% |
3.86 |
% |
-12 |
|
|
|
|
|
|
|
|
|
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