Mortgage Rates Back Below 5.00%

By: Katie Curnutte, Zillow PR Manager | January 13, 2009

Yet again, low mortgage rates are in the news! Rates for 30-year fixed mortgages are currently at 4.86% on Zillow Mortgage Marketplace, and requests to refinance are still high. So far in January, refi requests are making up 62 percent of all requests on Zillow Mortgage Marketplace.

Rates have mostly remained below 5.00% for the past week, according to the chart below.

Check out Zillow Mortgage Marketplace’s rates page to see up-to-the-minute rates for many different types of mortgages.

Stumble it!
Categories: Mortgages

Comments

3 Comments so far

Rich Mundle on January 13, 2009 7:01 pm

Good to see this, I think this is the one thing that will be able to stimulate the economy. Now we just need banks to loosen their purse strings a little bit.

Rich Mundle - Real Estate Sherwood Park Alberta
DebtFree on January 14, 2009 1:44 pm

…and sellers to lower their asking prices a lot more.
50 million homes viewed on Zillow | Zillow® Blog on January 15, 2009 10:48 am

[...] Don’t forget to check out the Zestimate we put on the White House, the fact that mortgage rates are under 5.0%, or the hundreds of thousands of posts in Zillow [...]