Menu

Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.55 percent, up from 3.37 percent at this same time last week.

The 30-year fixed mortgage rate peaked at 3.58 percent over the weekend, dropping to the current rate this morning.

“Mortgage rates surged to their highest level in 9 months in response to an unexpectedly strong jobs report,” said Erin Lantz, director of Zillow Mortgage Marketplace. “This coming week, we expect rates to gradually drift upward on continued improvement in economic growth and consumer confidence.”

Additionally, the 15-year fixed mortgage rate this morning was 2.7 percent, and for 5/1 ARMs, the rate was 2.3 percent.

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

03-12-13 10-30-00AM

*The weekly rate chart illustrates the average 30-year fixed interest rate in six-hour intervals.

About the Author

Camille writes about housing trends for the Zillow Blog.

You also might like...

11-25-14 955AM

30-Year Fixed Mortgage Rate Below 4% for Eighth Straight Week

Carrousel-Blog_BlackFriday_2014_Zillow_a_01

Bargain Home Shopping? Best Cities for Black Friday Price Cuts

Source:  David Reece  via  Flickr Creative Commons

Home Sellers Stuffing Turkeys Into Their Listings

Carrousel-Option1_2014_Q3_Zillow_b_01

Even With More Homes for Sale, Low-Priced Homes Tough to Find

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