The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.87 percent, up sixteen basis points from 3.71 percent at this time last week. The 30-year fixed mortgage rate hovered between 3.75 and 3.86 percent for the majority of the week before rising to the current rate this morning.

“Rates stayed near 12 month highs, reflecting expectations for a winding down of Fed stimulus,” said Erin Lantz, director of Zillow Mortgage Marketplace. “This week, we expect rates to remain at these levels unless Friday's jobs report delivers unexpected news.”Click to continue

The national negative equity rate fell in the first quarter, to 25.4 percent of all homeowners with a mortgage, according to the first quarter Zillow Negative Equity Report. But another 18.2 percent of homeowners with mortgages, while not technically underwater, likely do not have enough equity to afford to move. Slightly more than 13 million homeowners with a mortgage were in negative equity, or underwater, at the end of the first quarter, owing more on their mortgage than their home is worth.Click to continue

Home values continued to climb in April, increasing 0.5 percent from March to a Zillow Home Value Index of $158,300, according to the April Zillow Real Estate Market Reports.  Home values were up 5.2 percent year-over-year, marking the sixth consecutive month of annual home value appreciation at or above five percent. The last time national home values were at this level was in June 2004.Click to continue

Mortech has announced that it has rolled out additional features to Connect Plus, a borrower contact and management tool. The new offering, part of the Marksman mortgage marketing and lead management system, offers a variety of features, including website templates and landing pages formatted to increase borrower click-through rates.Click to continue

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.39 percent, up fourteen basis points from 3.25 percent at this same time last week. This represents the first rate increase since late March. The 30-year fixed mortgage rate hovered between 3.26 and 3.30 percent for the majority of the week before jumping up to the current rate on Friday.Click to continue

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.25 percent, down six basis points from 3.31 percent at this same time last week. This represents the lowest rate since Jan. 15. The 30-year fixed mortgage rate hovered between 3.33 and 3.28 percent for the majority of the week, before dropping to the current rate this morning.Click to continue

The national housing market showed signs of moderation in the first quarter after months of robust and largely unsustainable annual home value appreciation. The Zillow Home Value Index (ZHVI) rose to $157,600 as of the end of the first quarter, up 5.1 percent year-over-year and 0.5 percent from the fourth quarter of 2012, according to the first quarter Zillow Real Estate Market Reports. In March, U.S. home values rose for the 16th consecutive month, though last month represented the second straight month of slowing annual appreciation.Click to continue

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.47 percent, up one basis point from 3.46 percent at this same time last week. The 30-year fixed mortgage rate hovered between 3.44 and 3.5 percent for the majority of the week, dropping to the current rate this morning. Zillow's real-time mortgage rates are based on thousands of custom mortgage quotes submitted daily to anonymous borrowers on the Zillow Mortgage Marketplace site, and reflect the most recent changes in the market. These are not marketing rates, or a weekly survey.Click to continue

Zillow Inc. has announced a major update to Agent Hub, a free online portal for real estate agents on Zillow, where real estate agents can find and manage all their important Zillow-related information and resources in one convenient place. Agent Hub allows agents to easily access Zillow's customer relationship management, or CRM, platform to help agents better manage and organize contacts received from Zillow.Click to continue

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.37 percent, down three basis points from 3.4 percent at this same time last week. The 30-year fixed mortgage rate remained fairly flat this week hovering between 3.4 and 3.35 percent, dropping to the current rate this morning.Click to continue