30-Year Fixed Mortgage Rates Rise Slightly

Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.49 percent, up from 4.45 percent at this same time last week.

The 30-year fixed mortgage rate steadily rose early last week, peaking at 4.62 percent on Thursday before dropping near the current rate on Friday.

“Rates hovered near two-year highs last week, but Friday’s weaker-than-expected employment results drove rates back down, erasing earlier gains,” said Erin Lantz, director of Zillow Mortgage Marketplace. “This coming week, we expect rates to remain fairly stable unless developments in Syria rile markets or end-of-the-week economic reports are exceedingly positive.”

Additionally, the 15-year fixed mortgage rate this morning was 3.45 percent, and for 5/1 ARMs, the rate was 3.15 percent.

What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.
09-10-13 1004AM*The weekly rate chart illustrates the average 30-year fixed interest rate in six-hour intervals.