Zillow: Fixed-Rates Continue to Rise

Feb 17, 2015

The 30-year fixed-rate mortgage (FRM) on Zillow Mortgages is currently 3.67 percent, up one basis point from this time last week. The 30-year FRM rose early in the week, then hovered around 3.67 percent for the rest of the week.

“Rates moved decisively higher early last week, continuing the previous week’s trend,” said Erin Lantz, vice president of mortgages at Zillow. “With little domestic economic news scheduled for release, we expect rates to move slightly higher this week as uncertainty about Greece and the Eurozone continues to drive market movements.”

Zillow’s real-time mortgage rates are based on thousands of custom mortgage quotes submitted daily to anonymous borrowers on the Zillow Mortgages 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 FRM is currently 2.88 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.91 percent.

About the author

NationalMortgageProfessional.com

Link copied

Published

Feb 17, 2015

Analysis and Data

Fannie Mae Projects Lower Rates In 2025 And 2026

Fannie Mae's ESR Group has revised its mortgage rate projections downward

Fannie Mae’s Economic and Strategic Research (ESR) Group has revised its mortgage rate projections downward, now expecting rates to end 2025 at 6.3% and 2026 at 6.2% — each lowered by three-tenths of a percentage point. According to the group's March 2025 commentary, this ad...

Regulation and Compliance

Idaho Gov. Passes Law To Restrict Mortgage Trigger Leads

Effective July 1, 2025, the bill shields Idaho homebuyers from being inundated with credit solicitations

On March 17, 2025, Idaho Governor Brad Little accomplished what the national mortgage trade associations have repeatedly failed to do—passing a law that restricts the distribution and use of mortgage trigger leads and shields in-state homebuyers from being inundated with cre...