30-Year Fixed Mortgage Rates Remain Flat; Current Rate is 3.83%, According to Zillow Mortgage Rate Ticker
July 11 2017 - 2:00PM
The 30-year fixed mortgage rate on Zillow® Mortgages is currently
3.83 percent, unchanged from this time last week. The 30-year fixed
mortgage rate hovered between 3.81 percent and 3.89 percent
throughout the week before settling at the current rate on Tuesday.
“Despite some ups and downs, mortgage rates were essentially
flat last week, holding near their highest levels since mid-May and
roughly 15 basis points above their recent low in late June,” said
Erin Lantz, vice president of mortgages at Zillow. “Rates should be
relatively flat again this week, with low expectations for
inflation data on Friday, and Fed officials likely to remain
cautious in their comments.”
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 3.06
percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is
3.05 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
(7/11/17) |
Last Week’s 30-Year Fixed Rate
(7/5/17) |
Change in Basis Points |
|
|
California Mortgage Rates |
3.82 |
% |
3.81 |
% |
+1 |
|
|
Colorado Mortgage Rates |
3.76 |
% |
3.73 |
% |
+3 |
|
|
Florida Mortgage Rates |
3.81 |
% |
3.81 |
% |
0 |
|
|
Illinois Mortgage Rates |
3.82 |
% |
3.84 |
% |
-2 |
|
|
Massachusetts Mortgage Rates |
3.83 |
% |
3.82 |
% |
+1 |
|
|
New Jersey Mortgage Rates |
3.81 |
% |
3.80 |
% |
+1 |
|
|
New York Mortgage Rates |
3.86 |
% |
3.91 |
% |
-5 |
|
|
Pennsylvania Mortgage Rates |
3.82 |
% |
3.82 |
% |
0 |
|
|
Texas Mortgage Rates |
3.81 |
% |
3.81 |
% |
0 |
|
|
Washington Mortgage Rates |
3.85 |
% |
3.86 |
% |
-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
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