Mortgage Rates Rise on Zillow Mortgage Marketplace

By: Katie Curnutte, PR Manager | September 30, 2008

With the world’s financial markets in so much turmoil this week, mortgage rates are bound to be affected. Aside from keeping track of rates in our live rate tables in Zillow Mortgage Marketplace, we’re keeping a close eye on weekly rates with our Zillow Mortgage Rate Monitor.

It looks like rates were on the rise last week, with the rate for a 30-year fixed mortgage up to 5.96 percent during the week that ended on Sept. 28. The average rate the week before — the week that ended on Sept. 21 — was 5.78 percent.

Here are some more numbers, and if you want to see more, check out our press release here or visit Zillow Mortgage Marketplace.

Stumble it!
Categories: Mortgages

Comments

2 Comments so far

The Wallet : Loose Change: 10/1/08 on October 1, 2008 6:11 am

[…] jumped this week. A 30-year fixed is at 5.96 percent, compared to 5.78 percent the week prior. [Zillow] -Banks are tightening lending standards across the board. Here’s why it matters and what you […]
Manu on October 1, 2008 7:06 pm

The real rates which in real a borrower gets now is 6.1-6.375.
Manu