Mortgage rates for 30-year fixed mortgages continued to rise this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 5.08%, up from 4.93% at this same time last week. The 30-year fixed mortgage rate spiked Sunday at 5.14 percent before falling to 5.05 percent Monday.
Additionally, the 15-year fixed mortgage rate on Tuesday morning was 4.37% and for 5/1 ARMs, 3.68%.
What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.
