Mortgage Rates Decline to 4.84%

Mortgage rates for 30-year fixed mortgages declined this week, with the current rate borrowers quoted on Zillow Mortgage Marketplace at 4.84%, down from 4.87% at this time last week. The 30-year fixed mortgage rates hovered at or below 4.80 percent for most of the past weekend and neared 4.75 percent on Monday.

Additionally, 15-year fixed borrowers were quoted on average, 4.27% and for 5/1 ARMs, 3.70%.

What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state or the nation.