This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
SEATTLE, March 19, 2013 (GLOBE NEWSWIRE) -- The 30-year fixed
mortgage rate on
Zillow ® Mortgage Marketplace is currently 3.46 percent, down nine basis points from 3.55 percent at this same time last week. The 30-year fixed mortgage rate hovered between 3.45 and 3.55 percent for the majority of the week, dropping to the current rate this morning.
"Rates fell slightly this week, as unease about the viability of the Cyprus bailout brought euro zone stability concerns back to the forefront," said Erin Lantz, director of Zillow Mortgage Marketplace. "This coming week, we expect rates to remain fairly steady unless euro zone issues worsen dramatically or Wednesday's Federal Reserve meeting suggests a significant change in monetary policy."
Zillow's real-time mortgage rates are based on thousands of custom mortgage quotes submitted daily to anonymous borrowers on the Zillow Mortgage Marketplace 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 2.62 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.3 percent.
Below are current rates for 30-year fixed mortgages by state. Additional states' rates are available at: