Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
NRW Holdings Shares Surge After Securing Major Rio Tinto Contract and New Project Wins 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
Disney Board Nears CEO Decision as Josh D’Amaro Emerges as Leading Candidate 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight 
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations 
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SEATTLE, Aug. 15, 2017 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.67 percent, down three basis points from this time last week. The 30-year fixed mortgage rate fell Tuesday, then hovered between 3.64 percent and 3.70 percent for most of the week before settling at the current rate.
“Mortgage rates fell last week to their lowest levels since late June, driven down by geopolitical uncertainty as tensions with North Korea escalated and weak inflation data pushed back expectations for Fed rate hikes,” said Erin Lantz, vice president of mortgages at Zillow. “This week geopolitical developments could continue to move markets, but several speeches by Fed officials late in the week could also provide insight into the Committee’s view of recent inflation data.”
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 2.92 percent, and the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.96 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 (8/15/17) | Last Week’s 30-Year Fixed Rate (8/8/17) | Change in Basis Points | ||||
| California Mortgage Rates | 3.63 | % | 3.68 | % | -5 | ||
| Colorado Mortgage Rates | 3.65 | % | 3.69 | % | -4 | ||
| Florida Mortgage Rates | 3.64 | % | 3.71 | % | -7 | ||
| Illinois Mortgage Rates | 3.63 | % | 3.72 | % | -9 | ||
| Massachusetts Mortgage Rates | 3.67 | % | 3.69 | % | -2 | ||
| New Jersey Mortgage Rates | 3.65 | % | 3.69 | % | -4 | ||
| New York Mortgage Rates | 3.74 | % | 3.73 | % | +1 | ||
| Pennsylvania Mortgage Rates | 3.66 | % | 3.67 | % | -1 | ||
| Texas Mortgage Rates | 3.64 | % | 3.69 | % | -5 | ||
| Washington Mortgage Rates | 3.65 | % | 3.69 | % | -4 | ||
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]
