TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
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 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SEATTLE, Oct. 25, 2016 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.33 percent, down 5 basis points from this time last week. The 30-year fixed mortgage rate fell Friday, then hovered around the current rate for the rest of the week.
“Mortgage rates fell early last week on the heels of weaker than expected inflation data in the U.S., the European Central Bank’s deferring to plans to end its stimulus program, and political developments in Britain which could moderate the economic fallout from its exit from the European Union,” said Erin Lantz, vice president of mortgages at Zillow. “This week markets are likely to focus on several Fed speeches as well as Friday’s first look at Q3 GDP.”
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 2.61 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.70 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 (10/25/16) | Last Week’s 30-Year Fixed Rate (10/18/16) | Change in Basis Points | ||||||
| California Mortgage Rates | 3.31 | % | 3.40 | % | -9 | ||||
| Colorado Mortgage Rates | 3.29 | % | 3.38 | % | -9 | ||||
| Florida Mortgage Rates | 3.32 | % | 3.35 | % | -3 | ||||
| Illinois Mortgage Rates | 3.31 | % | 3.40 | % | -9 | ||||
| Massachusetts Mortgage Rates | 3.31 | % | 3.35 | % | -4 | ||||
| New Jersey Mortgage Rates | 3.30 | % | 3.38 | % | -8 | ||||
| New York Mortgage Rates | 3.39 | % | 3.43 | % | -4 | ||||
| Pennsylvania Mortgage Rates | 3.34 | % | 3.37 | % | -3 | ||||
| Texas Mortgage Rates | 3.33 | % | 3.36 | % | -3 | ||||
| Washington Mortgage Rates | 3.39 | % | 3.38 | % | +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]
