News Markets Media

USA | Europe | Asia | World| Stocks | Commodities

Home News USA National 30-year Fixed Mortgage Rates Rise


National 30-year Fixed Mortgage Rates Rise
added: 2009-08-11

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased last week to 5.36 percent, up from 5.26 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Also, rates for 15-year fixed mortgages rose to 4.69 percent from 4.62 percent, and 5-1 adjustable rate mortgages rose to 4.28 percent, down from 4.21 the week prior.

On Monday, rates for 30-year fixed purchase mortgages decreased, with the average rate on Zillow Mortgage Marketplace at 5.32 percent. For current, up-to-the-minute rates, visit www.zillow.com/Mortgage_Rates/.

Thirty-year fixed mortgage rates varied by state. Oregon mortgage rates, and Maryland mortgage rates increased the most, from 5.24 percent to 5.38 percent in Oregon and from 5.31 percent to 5.45 percent in Maryland. Maryland mortgage rates (5.45%) and Wisconsin mortgage rates (5.45%) were the highest in the country, while Washington mortgage rates (5.28%) and Massachusetts mortgage rates (5.31%) were the lowest. California mortgage rates were the most requested among all states.

The Zillow Mortgage Rate Monitor is compiled each week using thousands of mortgage rates for conforming loans quoted on Zillow Mortgage Marketplace by mortgage lenders to borrowers who have submitted loan requests. State-level data is gathered for the top 20 states with the highest quote volume on Zillow. Learn more about our rates.


Source: Zillow.com

Privacy policy . Copyright . Contact .