Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Instagram Outage Disrupts Thousands of U.S. Users 
SEATTLE, March 15, 2016 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.55 percent, up two basis points from this time last week. The 30-year fixed mortgage rose early in the week then hovered around the current rate for the rest of the week.
“Mortgage rates increased last week on news of further stimulus from the European Central Bank and talk of an agreement to limit oil output,” said Erin Lantz, vice president of mortgages at Zillow. “This week, any major rate movements will depend on the Fed’s Wednesday statement and any signals for the path of interest rates ahead.”
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 2.73 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.90 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 (3/15/16) | Last Week’s 30-Year Fixed Rate (3/8/16) | Change in Basis Points | |||
| California Mortgage Rates | 3.56 | % | 3.53 | % | +3 | |
| Colorado Mortgage Rates | 3.54 | % | 3.53 | % | +1 | |
| Florida Mortgage Rates | 3.53 | % | 3.54 | % | -1 | |
| Illinois Mortgage Rates | 3.56 | % | 3.54 | % | +2 | |
| Massachusetts Mortgage Rates | 3.56 | % | 3.56 | % | 0 | |
| New Jersey Mortgage Rates | 3.55 | % | 3.55 | % | 0 | |
| New York Mortgage Rates | 3.61 | % | 3.58 | % | +3 | |
| Pennsylvania Mortgage Rates | 3.56 | % | 3.53 | % | +3 | |
| Texas Mortgage Rates | 3.53 | % | 3.50 | % | +3 | |
| Washington Mortgage Rates | 3.55 | % | 3.49 | % | +6 | |
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.
The Zillow logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=28924
Media Contact: Catharine Neilson, Zillow [email protected]
