Rates for 30-year fixed purchase mortgages had fallen on Monday evening, with the average rate on Zillow Mortgage Marketplace at 5.27 percent.
At a state level, the 30-year fixed mortgage rate in New York had the biggest increase, rising from 5.31 percent to 5.60 percent. Rates on 30-year fixed mortgages were lowest in the states of Georgia (5.32%) and Pennsylvania (5.34%), while New York (5.60%) and Massachusetts (5.54%) had the highest rates.