Skip to main content

Zillow: Fixed-Rates Slide to 3.37 Percent

NationalMortgageProfessional.com
Mar 05, 2013

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. “Rates dropped slightly last week as Euro zone concerns offset strong domestic economic data,” said Erin Lantz, director of Zillow Mortgage Marketplace. “We anticipate rates to remain fairly flat this week, unless employment data comes out much stronger expected.” 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. The rate for a 15-year fixed home loan is currently 2.6 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.23 percent.
Published
Mar 05, 2013
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021