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Z Zillow Group Inc

53.83
2.19 (4.24%)
Last Updated: 16:12:57
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zillow Group Inc NASDAQ:Z NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.19 4.24% 53.83 53.84 53.86 53.88 51.88 52.00 1,152,546 16:12:57

30-Year Fixed Mortgage Rates Rise Following Strong Jobs Report; Current Rate is 3.84%, According to Zillow Mortgage Rate Tic...

09/05/2017 7:00pm

GlobeNewswire Inc.


Zillow (NASDAQ:Z)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Zillow Charts.

The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.84 percent, up four basis points from this time last week. The 30-year fixed mortgage rate rose five basis points on Friday, then hovered around the current rate for the rest of the week.

“Mortgage rates rose last Friday after a strong jobs report made it very likely that the Fed will hike interest rates again in June, but edged slightly lower after centrist Emmanuel Macron won the French presidential election, reducing financial market risk in Europe,” said Erin Lantz, vice president of mortgages at Zillow. “This week, markets are likely to focus on several Fed speeches and inflation data due Wednesday, but rates should remain stable overall.”

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 2.93 percent.  

Below are current rates for 30-year fixed mortgages by state. Additional states’ rates are available at: http://www.zillow.com/mortgage-rates.

      
 StateCurrent30-YearFixed Rate(5/9/17)Last Week’s30-YearFixed Rate(5/2/17)Change inBasis Points 
 California Mortgage Rates3.82%3.80%+2 
 Colorado Mortgage Rates3.81%3.78%+3 
 Florida Mortgage Rates3.86%3.80%+6 
 Illinois Mortgage Rates3.86%3.80%+6 
 Massachusetts Mortgage Rates3.78%3.80%-2 
 New Jersey Mortgage Rates3.85%3.82%+3 
 New York Mortgage Rates3.94%3.86%+8 
 Pennsylvania Mortgage Rates3.83%3.80%+3 
 Texas Mortgage Rates3.80%3.78%+2 
 Washington Mortgage Rates3.85%3.79%+6 

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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