30 year Mortgages fell over the past week, with the current rate borrowers were
quoted on Zillow Mortgage Marketplace at 4.14 percent, down from 4.20
percent at this same time last week.
The 30-year fixed mortgage rate plummeted on Wednesday from 4.24
percent to 4.12 percent, where rates have continued to hover into this
week.
“Last week, rates dropped to their lowest levels in weeks as investors shifted out of stocks and into safer assets, like U.S. Treasuries and mortgage-backed securities,” said Erin Lantz, vice president of mortgages at Zillow. “This week, there is a full slate of economic reports scheduled for release, with the potential to nudge rates up.”
Check Zillow Mortgage Marketplace for mortgage rate trends and up-to-the-minute mortgage rates for your state.
*The weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals.
“Last week, rates dropped to their lowest levels in weeks as investors shifted out of stocks and into safer assets, like U.S. Treasuries and mortgage-backed securities,” said Erin Lantz, vice president of mortgages at Zillow. “This week, there is a full slate of economic reports scheduled for release, with the potential to nudge rates up.”
Check Zillow Mortgage Marketplace for mortgage rate trends and up-to-the-minute mortgage rates for your state.
*The weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals.
