30-Year Fixed Mortgage Rates Rise; Current Rate is 3.79%, According to Zillow Mortgage Rate Ticker
April 25 2017 - 2:00PM
The 30-year fixed mortgage rate on Zillow® Mortgages is currently
3.79 percent, up seven basis points from this time last week. The
30-year fixed mortgage rate rose steadily throughout the week
before settling at the current rate.
“Mortgage rates climbed over the week for the first time since
early March, rising about 10 basis points after touching their
lowest levels since November last week,” said Erin Lantz, vice
president of mortgages at Zillow. “The rebound in rates was driven
by a collective financial market sigh of relief as a political
moderate won the most votes in the first round of France’s
presidential election, the prospect of growth-boosting tax reform
in the US. This week rates should be more stable leading up to
Friday’s Q1 GDP report.”
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 3.03
percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is
2.89 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
(4/25/17) |
Last Week’s 30-Year Fixed Rate
(4/18/17) |
Change in Basis Points |
California Mortgage Rates |
3.79 |
% |
3.70 |
% |
+9 |
Colorado Mortgage Rates |
3.80 |
% |
3.71 |
% |
+9 |
Florida Mortgage Rates |
3.79 |
% |
3.72 |
% |
+7 |
Illinois Mortgage Rates |
3.80 |
% |
3.72 |
% |
+8 |
Massachusetts Mortgage Rates |
3.78 |
% |
3.72 |
% |
+6 |
New Jersey Mortgage Rates |
3.81 |
% |
3.72 |
% |
+9 |
New York Mortgage Rates |
3.89 |
% |
3.81 |
% |
+8 |
Pennsylvania Mortgage Rates |
3.78 |
% |
3.71 |
% |
+7 |
Texas Mortgage Rates |
3.78 |
% |
3.71 |
% |
+7 |
Washington Mortgage Rates |
3.73 |
% |
3.74 |
% |
-1 |
|
|
|
|
|
|
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 Aug 2024 to Sep 2024
Zillow (NASDAQ:Z)
Historical Stock Chart
From Sep 2023 to Sep 2024