Skip to main content

Fixed-Rates Hit 3.31 Percent and Dip for Fourth Consecutive Week

NationalMortgageProfessional.com
Apr 23, 2013

The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 3.31 percent, down three basis points from 3.34 percent at this same time last week. The 30-year fixed mortgage rate remained relatively flat for the majority of the week, hovering between 3.34 and 3.32 percent and dropping to the current rate this morning. “Amid continued economic uncertainty both domestically and abroad, mortgage rates held steady near this year’s lows,” said Erin Lantz, director of Zillow Mortgage Marketplace. “We expect mortgage rates will remain close to these levels during another relatively quiet week for economic events and data.” The rate for a 15-year fixed home loan is currently 2.53 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.22 percent.
Published
Apr 23, 2013
Rocket Pro Announces Major Initiatives

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 2021
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Tech
Oct 19, 2021
Synergy One Lending Increases Its Capital By $50M

San Diego-based Synergy One Lending Inc. completed a $50 million corporate note financing with a consortium of institutional investors.

Industry News
Oct 19, 2021
TransUnion Sees Untapped Growth Opportunity For The Mortgage Industry

A study conducted by TransUnion, which explores the creditworthiness of low-to-moderate income consumers, revealed that the segment represents a $300 billion growth opportunity for the mortgage industry.

Analysis and Data
Oct 19, 2021
Zillow Stock Falls After It Halts Buying Houses To Flip

Zillow’s stock fell nearly 10% Monday after the company announced its Zillow Offers division would stop buying homes.

Industry News
Oct 19, 2021
MBA Swears In New Officers For 2021-22

Kristy Fercho, executive vice president and head of home lending at Wells Fargo, is the new chairman.

Industry News
Oct 18, 2021