The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages was unchanged from last week at 5.04 percent, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Rates for 15-year fixed mortgages fell to 4.45 percent from 4.48 percent, and 5-1 adjustable rate mortgages fell to 4.00 percent, down from 4.02 the week prior.

On Monday, rates for 30-year fixed purchase mortgages decreased, with the average rate on Zillow Mortgage Marketplace at 4.96 percent.

Thirty-year fixed mortgage rates varied by state. Ohio mortgage rates and Wisconsin mortgage rates decreased the most, from 5.19 percent to 5.12 percent in Ohio and from 5.22 percent to 5.16 percent in Wisconsin. Illinois mortgage rates (5.22%) and Wisconsin mortgage rates (5.16%) were the highest in the country, while Texas mortgage rates (4.96%) and California mortgage rates (4.99%) were the lowest.