FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
SEATTLE, April 12, 2016 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.39 percent, down 1 basis point from this time last week. The 30-year fixed mortgage hovered between 3.40 and 3.45 percent for most of the week before dipping to the current rate.
“Mortgage rates were flat last week, holding near three-year lows,” said Erin Lantz, vice president of mortgages at Zillow. “With relatively minor data scheduled for release this week, rates should remain near their current levels.”
Zillow’s real-time mortgage rates are based on thousands of custom mortgage quotes submitted daily to anonymous borrowers on the Zillow Mortgages site and reflect the most recent changes in the market. These are not marketing rates, or a weekly survey.
The rate for a 15-year fixed home loan is currently 2.63 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.64 percent.
Below are current rates for 30-year fixed mortgages by state. Additional states’ rates are available at: http://www.zillow.com/mortgage-rates.
| State | Current 30-Year Fixed Rate (4/12/16) | Last Week’s 30-Year Fixed Rate (4/5/16) | Change in Basis Points | ||||||
| California Mortgage Rates | 3.41 | % | 3.41 | % | 0 | ||||
| Colorado Mortgage Rates | 3.39 | % | 3.38 | % | +1 | ||||
| Florida Mortgage Rates | 3.37 | % | 3.40 | % | -3 | ||||
| Illinois Mortgage Rates | 3.39 | % | 3.41 | % | -2 | ||||
| Massachusetts Mortgage Rates | 3.45 | % | 3.48 | % | -3 | ||||
| New Jersey Mortgage Rates | 3.38 | % | 3.42 | % | -4 | ||||
| New York Mortgage Rates | 3.45 | % | 3.48 | % | -3 | ||||
| Pennsylvania Mortgage Rates | 3.40 | % | 3.42 | % | -2 | ||||
| Texas Mortgage Rates | 3.39 | % | 3.41 | % | -2 | ||||
| Washington Mortgage Rates | 3.40 | % | 3.35 | % | -5 | ||||
About Zillow Mortgages
Zillow Mortgages, operated by Zillow, Inc., is a free, open, and transparent lending marketplace, where borrowers connect with lenders to find loans and get the best mortgage rates. Borrowers anonymously submit loan requests and receive an unlimited number of custom mortgage quotes with real rates directly from thousands of competing lenders. Zillow Mortgages also provides mortgage calculators, mortgage advice, mortgage widgets, and lender directories.
Zillow is a registered trademark of Zillow, Inc.
Media Contact: Catharine Neilson, Zillow [email protected]
