RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

30-Year Fixed Mortgage Rates Plummet 16 Basis Points

Home News
August 8, 2014
Reading Time: 1 min read

interest_rate_sign_crumblingThe 30-year fixed mortgage rate on Zillow(R) Mortgage Marketplace is currently 4.23 percent, down 16 basis points from 4.39 percent at this time last week. The 30-year

fixed mortgage rate hovered near 4.39 percent for the majority of the week before plummeting to 4.29 percent on Friday. Rates continued to fall over the weekend and early this week.

“Rates dipped after Friday’s jobs report revealed employment below expectations by a wide margin. Although disappointing, the jobs report on its own is unlikely to offset the overall upward trend in rates,” said Erin Lantz, director of mortgages at Zillow. “This week, we expect rates to remain fairly stable as markets await additional data that might reinforce or contradict the relatively subdued economic tone set by the jobs report.”

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 3.20 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.83 percent.

View the current rates for 30-year fixed mortgages by state at http://www.zillow.com/mortgage-rates.

ShareTweetShare
Susanne Dwyer

Susanne Dwyer

Related Posts

Luxury Home Prices Fall as Starter Homes See Increases
Agents

Luxury Home Prices Fall as Starter Homes See Increases

January 30, 2023
CRMLS Partners With Styldod for Advanced Image Analysis
Agents

CRMLS Partners With Styldod for Advanced Image Analysis

January 30, 2023
United Real Estate Attributes Growth to Its Bullseye Agent-Productivity Platform
Agents

United Real Estate Attributes Growth to Its Bullseye Agent-Productivity Platform

January 30, 2023
ERA Real Estate Expands Presence in Central San Joaquin Valley
Agents

ERA Real Estate Expands Presence in Central San Joaquin Valley

January 30, 2023
JPAR®–Real Estate Named a 2023 Top Franchise by Franchise Business Review
Agents

JPAR®–Real Estate Named a 2023 Top Franchise by Franchise Business Review

January 30, 2023
How to Debunk 4 FSBO Myths
Agents

How to Debunk 4 FSBO Myths

January 29, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tip of the Day

Take Your Passion for Helping Buyers to the Next Level

Are you ready to get serious about buyer representation in 2023? Attain the tools, knowledge and skills you need to... Learn More

Business Tip of the Day provided by

Recent Posts

  • Luxury Home Prices Fall as Starter Homes See Increases
  • CRMLS Partners With Styldod for Advanced Image Analysis
  • United Real Estate Attributes Growth to Its Bullseye Agent-Productivity Platform

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X