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Mortgage rates for 30-year fixed mortgages fell again this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.61%, down from 4.70% at this same time last week. The 30-year fixed mortgage rate fell below 4.6 percent on Friday and has hovered slightly above 4.6 percent since.

Additionally, the 15-year fixed mortgage rate on Tuesday morning was 4.10% and for 5/1 ARMs, the rate was 3.46%.

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

  • http://www.desertmountainhomesonline.com/Blog/ Desert Mountain Homes

    Everyone who is considering refinancing should do so quickly. Just don’t suck whatever remaining equity you have out of the home. Americans have to stop using their homes like piggy banks.

  • http://home-james.tumblr.com/ James Hurley

    If low rates are encouraging you to consider refinancing, then you should also think about how you will go about selecting a mortgage product and a mortgage provider. You might want to rush through the process, but this week on my blog I write about why consumers rush through the process and what you should stop and consider along the way. The Zillow Mortgage Marketplace study is my jumping off point for this discussion.

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