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Monthly Archives: February 2012
30-Year Fixed Mortgage Rate Jumps to 3.76%
Currently, the 30-year fixed mortgage rate on Zillow Mortgage Marketplace is 3.76 percent, which is up six basis points from 3.7 percent at this same time last week. The 30-year fixed mortgage rate remained between 3.67 and 3.76 percent for … Continue reading
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Mortgage Activity Increases with Rates at Lows
According to the Mortgage Bankers Association, U.S. mortgage activity increased 7.5 percent in the week ending Friday, as long-term interest rates reached record lows. Interest rates for 30-year, fixed-rate conforming mortgages dropped from 4.09 percent to 4.05 percent with average … Continue reading
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30-Year Fixed Mortgage Rate Drops to 3.72%
Currently, the 30-year fixed mortgage rate on Zillow Mortgage Marketplace is 3.72 percent, decreasing 10 basis points from 3.82 percent at this same time last week. On January 17, the 30-year fixed mortgage rate slipped to 3.69 percent, which is … Continue reading
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