30-Year Fixed Mortgage Rate Rises After Falling to All-Time Low Last Week

Mortgage rates for 30-year fixed mortgages rose this week, with a current rate on Zillow Mortgage Marketplace of 4.05 percent, down from 4.14 percent at this same time last week, but up 13 basis points from 3.92 percent last Wednesday – the lowest rate recorded since Zillow Mortgage Marketplace launched in April 2008.

After peaking at 4.09 percent last Thursday, the 30-year fixed mortgage rate hovered between 4 percent and 4.05 percent for the remainder of the week, returning to 4.09 percent early this morning before falling to the current rate.

Additionally, the 15-year fixed mortgage rate this morning was 3.33 percent and the 5/1 ARMs rate was 2.86 percent

What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.