Mortgage rates for 30-year fixed mortgages are holding steady this week, with the current rate borrowers quoted on Zillow Mortgage Marketplace at 4.87%, up from 4.85% at this time last week. The 30-year fixed mortgage rates hovered between 4.80 and 4.90 percent for most of the past week, peaking just above 4.90 percent on Sunday.
Additionally, 15-year fixed borrowers were quoted on average, 4.26% and for 5/1 ARMs, 3.84%.
This morning, the national rate for 30-year fixed purchase mortgages had fallen to 4.87%.
What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state or the nation.
