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Z Zillow Group Inc

53.56
1.92 (3.72%)
Last Updated: 18:06:15
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
  1.92 3.72% 53.56 53.56 53.58 53.93 51.88 52.00 2,403,808 18:06:15

30-Year Fixed Mortgage Rates Rise Slightly; Current Rate is 3.75%, According to Zillow Mortgage Rate Ticker

08/12/2015 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 3.75 percent, up three basis points from this time last week. The 30-year fixed mortgage rose to 3.84 percent on Thursday, then hovered there before falling back to the current rate on Monday.

"Mortgage rates spiked late last week after the European Central Bank surprised markets by not expanding its asset purchase program, which aims to push rates lower," said Erin Lantz, vice president of mortgages at Zillow. "Following that spike, rates have retreated to only slightly above where they began the week. We expect markets to be quieter this week with few important data releases or speeches on the schedule."

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 2.91 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.92 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 Current 30-Year Fixed Rate (12/8/15) Last Week's 30-Year Fixed Rate (12/1/15) Change in Basis Points  
  California Mortgage Rates 3.74% 3.71% +3  
  Colorado Mortgage Rates 3.76% 3.77% -1  
  Florida Mortgage Rates 3.74% 3.76% -2  
  Illinois Mortgage Rates 3.75% 3.75% 0  
  Massachusetts Mortgage Rates 3.81% 3.80% +1  
  New Jersey Mortgage Rates 3.75% 3.73% +2  
  New York Mortgage Rates 3.87% 3.82% +5  
  Pennsylvania Mortgage Rates 3.77% 3.74% +3  
  Texas Mortgage Rates 3.75% 3.75% 0  
  Washington Mortgage Rates 3.77% 3.76% +1  

About Zillow Mortgages

Zillow 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.

The Zillow logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=28924

CONTACT: Media Contact:
         Catharine Neilson, Zillow
         press@zillow.com

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