Mortgages category archives

Mortgage Rates Remain Steady

By: Sarah Greenleaf PR Intern | November 3, 2009

Mortgage rates for 30-year fixed rates remained steady this week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 4.86%, down from 4.87% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.31% and for 5/1 ARMs, 3.79%.
This morning, the national rate for 30-year fixed purchase mortgages was [...]

What is Success Rate of Loan Modifications Using an Attorney?

By: Diane Tuman Zillow Content Manager | October 28, 2009

Good question in Zillow Advice by Kelly Roehrich:
What is the success rate with loan modifications using an attorney?
Do you have any experience doing a loan modifications with an attorney’s assistance? Can you give Kelly some advice?

Mortgage Rates Continue to Fall

By: Sarah Greenleaf PR Intern | October 27, 2009

Mortgage rates for 30-year fixed rates continued to fall this week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 4.87%, down from 4.97% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.32% and for 5/1 ARMs, 3.80%.
This morning, the national rate for 30-year fixed purchase mortgages [...]

Low mortgage rates are causing many homeowners to consider refinancing their mortgage. As mortgage rates dropped below 5 percent, Zillow Mortgage Marketplace saw a 39 percent increase in refi requests for the first half of October versus the first half of September. In fact, the number of refinance requests made up more than half of all consumer loan [...]

Mortgage rates for 30-year fixed rates stayed below 5.00% this week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 4.97%, up slightly from 4.95% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.38% and for 5/1 ARMs, 3.87%.
This morning, the national rate for 30-year fixed purchase [...]

IMOS Integrates Zillow Quote API

By: Mary Miller Zillow Director Product Management, Mortgages | October 15, 2009

I’m happy to announce that IMOS™ (Integrated Mortgage Origination Systems) has become Zillow’s latest Quote API integration provider.

The Zillow Quote API automates quotes submitted by lenders on Zillow Mortgage Marketplace through an application programming interface (API).  When a loan request is submitted by a borrower, lenders using the Zillow Quote API receive the full set [...]

Now Available: Mortgage Rate Widgets by State

By: Nate Moch Zillow Product Team Lead, Mortgages | October 15, 2009

Today, we updated our popular mortgage rate widgets so that you can add mortgage rates to your site according to state. So, if you live in California, you can add California mortgage rates.
After we built the first set of mortgage rate widgets, we received a lot of requests to make them local. So, we built [...]

Mortgage Rates Dip Slightly

By: Sarah Greenleaf PR Intern | October 13, 2009

Mortgage rates for 30-year fixed rates stayed below 5.00% this week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 4.95%, down slightly from 4.96% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.37% and for 5/1 ARMs, 3.83%.
This morning, the national rate for 30-year fixed purchase [...]

Mortgage Rates Drop Below 5.00%

By: Sarah Greenleaf PR Intern | October 6, 2009

Mortgage rates for 30-year fixed rates dropped below 5.00% this week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 4.96%, down from 5.02% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.39% and for 5/1 ARMs, 3.85%.
This morning, the national rate for 30-year fixed purchase mortgages [...]

New Refinance Break-Even Point and Savings Graph

By: Mary Miller Zillow Director Product Management, Mortgages | October 1, 2009

Zillow Mortgage Marketplace recently launched a unique Break-Even Point graph on every loan quote borrowers receive from lenders.  This graph helps borrowers who want to refinance determine their “break-even” point, which is when they would start saving enough from a new loan to offset the costs of refinancing.

After anonymously submitting a refinance request, borrowers are presented with custom quotes from [...]

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