Mortgage Rates Have Dropped
Mortgage rates quoted to borrowers on Zillow Mortgage Marketplace have dropped significantly over the past few days.
The 30-year fixed rate is currently at 5.08%, which is the lowest it’s been since the end of May. The 15-year fixed mortgage rate is 4.49%, and the 5/1 ARM rate is 4.02%.
Since rates displayed in Zillow Mortgage Marketplace rate charts and graphs are averages, it’s best to find out the exact rate for which you qualify. You can do this by anonymously requesting custom mortgage quotes from thousands of lenders on Zillow.
Learn more about our rates, or get e-mail alerts when mortgage rates drop.
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