Menu

Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.99 percent, up from 3.76 percent at this same time last week. This rate represents the highest rate recorded on Zillow Mortgage Marketplace since August 30, 2011.

“Better than expected September employment figures lifted rates to a six week high, offsetting some of the downward pressure that the European debt crisis has exerted on rates over the past weeks,” said Erin Lantz, director of Zillow Mortgage Marketplace.

The 30-year fixed mortgage rate rose to 4 percent last Friday, and then hovered between 4.01 and 3.97 percent for the remainder of the week.

Additionally, the 15-year fixed mortgage rate this morning was 3.82 percent and for 5/1 ARMs, the 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.

About the Author

Lauren Riefflin manages news around Zillow Mobile communications and works closely with Zillow's real estate economists in preparing Zillow's real estate market reports. She also focuses on celebrity real estate news as both a Zillow Blog author and manager of celebrity content relationships.

You also might like...

Source:  George Erws  via  Flickr Creative Commons

Take Halloween to the Next Level With These Haunting How-To's

Red and orange room

Does Your Home Have Too Much Personality?

Source: deathtothestockphoto.com

How to Protect Your Home Office

Dome home

Tips for Selling an Unusual Home

Subscribe for Zillow Blog updates

We will not rent, share or spam your account, ever. Please read and review our privacy policy.

You can also stay updated by following us below

instagram googleplus pinterest