Mortgages category archives

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 [...]

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 [...]

Mortgage rates for 30-year fixed rates decreased slightly this week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 5.02%, down from 5.04% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.42% and for 5/1 ARMs, 3.94%.
This morning, the national rate for 30-year fixed purchase mortgages was [...]

What looks like a sloping silhouette of a mountain range in the chart above is actually the past three months of mortgage rates on Zillow Mortgage Marketplace and as you can see, mortgage rates for September have been pretty sweet, hovering around 5.00%.
As a result of these low rates, refinance loan requests on Zillow are [...]

Mortgage rates for 30-year fixed rates remained steady this week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 5.04%, which is unchanged from the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.45% and for 5/1 ARMs, 4.00%.
This morning, the national rate for 30-year fixed purchase mortgages [...]

Mortgage rates for 30-year fixed rates continued a downward trend, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 5.04%, down from 5.09% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.48% and for 5/1 ARMs, 4.02%.
This morning, the national rate for 30-year fixed purchase mortgages was [...]

CNN Money reports today that 12% of eligible borrowers have been placed into trial loan modifications, up from just 9% a month ago. This comes from the second progress report issued by the government, which also says that 360,165 homeowners — who were at least two months behind in payments — received assistance through August. [...]

Mortgage rates for 30-year fixed rates continued to decline last week, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 5.09%, down from 5.17% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.57% and for 5/1 ARMs, 4.06%.
This morning, the national rate for 30-year fixed purchase mortgages [...]

Mortgage rates for 30-year fixed rates continue to decline, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 5.17%, down from 5.19% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.57% and for 5/1 ARMs, 4.17%.
This morning, the national rate for 30-year fixed purchase mortgages was 5.08%. [...]

Mortgage rates for 30-year fixed rates dropped last week after an uptick earlier this month, with the weekly average rate borrowers were quoted on Zillow Mortgage Marketplace at 5.19%, down from 5.30% the week prior. For 15-year fixed mortgages, borrowers were quoted on average, 4.59% and for 5/1 ARMs, 4.17%.
This morning, the national rate for [...]