Mortgage rates for 30-year fixed mortgages declined this week, with the current rate borrowers quoted on Zillow Mortgage Marketplace at 4.79%, down from 4.81% at this time last week and at the lowest level this year. The 30-year fixed mortgage rate hovered below 4.85 for most of the last week, but peaked near 4.90 percent on Thursday and Friday.
Additionally, 15-year fixed borrowers were quoted on average, 4.22% and for 5/1 ARMs, 3.61%.
What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state or the nation.
