30-Year Fixed Mortgage Rates Fall Slightly; Current Rate is 3.68%, According to Zillow Mortgage Rate Ticker
June 20 2017 - 1:00PM
The 30-year fixed mortgage rate on Zillow® Mortgages is currently
3.68 percent, down three basis points from this time last week. The
30-year fixed mortgage rate fell Tuesday, then hovered between 3.65
percent and 3.73 percent for the rest of the week before settling
at the current rate.
“Despite some volatility following the release of weak inflation
data and relatively dovish comments from Fed officials after the
Central Bank raised short-term interest rates, mortgage rates were
flat last week,” said Erin Lantz, vice president of mortgages at
Zillow. “We expect less volatility this week, though several Fed
speeches and housing data could move markets slightly.”
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 2.96
percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is
2.94 percent.
Below are current rates for 30-year fixed mortgages by state.
Additional states’ rates are available at:
http://www.zillow.com/mortgage-rates.
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State |
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Current30-YearFixed
Rate(6/20/17) |
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|
Last Week’s30-YearFixed
Rate(6/13/17) |
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|
Change inBasisPoints |
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|
California Mortgage Rates |
|
|
3.67 |
% |
|
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3.72 |
% |
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-5 |
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Colorado Mortgage Rates |
|
|
3.71 |
% |
|
|
|
3.72 |
% |
|
|
-1 |
|
|
|
Florida Mortgage Rates |
|
|
3.67 |
% |
|
|
|
3.69 |
% |
|
|
-2 |
|
|
|
Illinois Mortgage Rates |
|
|
3.71 |
% |
|
|
|
3.73 |
% |
|
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-2 |
|
|
|
Massachusetts Mortgage Rates |
|
|
3.67 |
% |
|
|
|
3.70 |
% |
|
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-3 |
|
|
|
New Jersey Mortgage Rates |
|
|
3.68 |
% |
|
|
|
3.71 |
% |
|
|
-3 |
|
|
|
New York Mortgage Rates |
|
|
3.80 |
% |
|
|
|
3.76 |
% |
|
|
+4 |
|
|
|
Pennsylvania Mortgage Rates |
|
|
3.67 |
% |
|
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|
3.68 |
% |
|
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-1 |
|
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Texas Mortgage Rates |
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|
3.65 |
% |
|
|
|
3.69 |
% |
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-4 |
|
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Washington Mortgage Rates |
|
|
3.71 |
% |
|
|
|
3.74 |
% |
|
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-3 |
|
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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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