FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Instagram Outage Disrupts Thousands of U.S. Users 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
SEATTLE, Sept. 13, 2016 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.31 percent, up 2 basis points from this time last week. The 30-year fixed mortgage rose Friday to 3.38 percent, then fell steadily back to the current rate over the rest of the week.
“Mortgage rates spiked almost 10 basis points late last week, reaching the highest levels since July before retreating, as markets react to the inevitability of tighter monetary policy in the U.S. and Europe,” said Erin Lantz, vice president of mortgages at Zillow. “This week markets are likely to be particularly jumpy in response to incoming data with eyes toward next week’s Federal Open Market Committee meeting.”
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 2.56 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.66 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 (9/13/16) | Last Week’s 30-Year Fixed Rate (9/6/16) | Change in Basis Points | ||||||
| California Mortgage Rates | 3.30 | % | 3.29 | % | +1 | ||||
| Colorado Mortgage Rates | 3.29 | % | 3.31 | % | -2 | ||||
| Florida Mortgage Rates | 3.31 | % | 3.26 | % | +5 | ||||
| Illinois Mortgage Rates | 3.33 | % | 3.31 | % | +2 | ||||
| Massachusetts Mortgage Rates | 3.32 | % | 3.28 | % | +4 | ||||
| New Jersey Mortgage Rates | 3.33 | % | 3.28 | % | +5 | ||||
| New York Mortgage Rates | 3.38 | % | 3.37 | % | +1 | ||||
| Pennsylvania Mortgage Rates | 3.31 | % | 3.30 | % | +1 | ||||
| Texas Mortgage Rates | 3.30 | % | 3.30 | % | 0 | ||||
| Washington Mortgage Rates | 3.27 | % | 3.35 | % | -8 | ||||
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]
