Mortgage ratesfor 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow at 3.72 percent, down 3 basis points from last week.
The 30-year fixed mortgage rate hovered around 3.75 percent throughout the week before dipping to the current rate.
“Mortgage rates remained flat most of last week, holding near their lowest levels in a month,” saidErin Lantz, vice president of mortgages at Zillow. “We expect rates to be more volatile this week leading up to Friday’s monthly jobs report, several important Fed speeches and possible shifts in energy markets after the Organization of Petroleum Exporting Countries’ (OPEC) annual summit on Friday.”
Additionally, the15-year fixedmortgage rate was 2.91 percent, and for5/1 ARMs, the rate was 2.92 percent.
CheckZillow for mortgage rate trends and up-to-the-minute mortgage rates for your state, or use themortgage calculatorto calculate monthly payments at the current rates.
This information was originally posted byLAUREN BRAUNON1 DEC 2015
Author:Sarah Freeman Phone: 928-925-4072 Dated: December 8th 2015 Views: 272 About Sarah: My husband and I instantly fell in love with the charming town of Prescott when we moved here with o...
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