Rates for 30-year fixed purchase mortgages had risen even more by Monday evening, with the average rate on Zillow Mortgage Marketplace at 5.17 percent.
At a state level, the 30-year fixed mortgage rate in California had the biggest increase, rising from 5.07 percent to 5.27 percent, while rates in Michigan bucked the national trend by decreasing from 5.34% to 5.21%. Rates on 30-year fixed mortgages were lowest in the states of Georgia (5.11%) and Washington (5.15%), while Massachusetts (5.40%) and Illinois (5.35%) had the highest rates.