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 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Instagram Outage Disrupts Thousands of U.S. Users 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
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 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
SEATTLE, Jan. 26, 2016 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.61 percent, up two basis points from this time last week. The 30-year fixed mortgage rose to 3.63 percent on Friday and hovered there before falling to the current rate on Monday.
“Despite minor fluctuations, mortgage rates were roughly flat last week, holding near 9-month lows,” said Erin Lantz, vice president of mortgages at Zillow. “We expect more volatility this week with important GDP data on Friday and, more significantly, a Fed meeting mid-week which should provide the first read on the Central Bank’s reaction to recent financial turmoil.”
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 2.81 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.77 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 (1/26/16) | Last Week’s 30-Year Fixed Rate (1/19/16) | Change in Basis Points | ||||||
| California Mortgage Rates | 3.60 | % | 3.58 | % | +2 | ||||
| Colorado Mortgage Rates | 3.61 | % | 3.59 | % | +2 | ||||
| Florida Mortgage Rates | 3.61 | % | 3.60 | % | +1 | ||||
| Illinois Mortgage Rates | 3.60 | % | 3.63 | % | -3 | ||||
| Massachusetts Mortgage Rates | 3.63 | % | 3.61 | % | +2 | ||||
| New Jersey Mortgage Rates | 3.61 | % | 3.62 | % | -1 | ||||
| New York Mortgage Rates | 3.67 | % | 3.63 | % | +4 | ||||
| Pennsylvania Mortgage Rates | 3.59 | % | 3.56 | % | +3 | ||||
| Texas Mortgage Rates | 3.60 | % | 3.60 | % | 0 | ||||
| Washington Mortgage Rates | 3.61 | % | 3.60 | % | +1 | ||||
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]
