SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
SEATTLE, March 29, 2016 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.53 percent, down one basis point from this time last week. The 30-year fixed mortgage hovered around 3.55 percent for most of the week before dipping to the current rate.
“Mortgage rates were essentially flat last week,” said Erin Lantz, vice president of mortgages at Zillow. “But volatility could return this week as markets look toward Friday’s monthly jobs report and an important speech by Fed Chair Janet Yellen midweek.”
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 2.76 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 (3/29/16) | Last Week’s 30-Year Fixed Rate (3/22/16) | Change in Basis Points | ||||||
| California Mortgage Rates | 3.57 | % | 3.54 | % | +3 | ||||
| Colorado Mortgage Rates | 3.52 | % | 3.52 | % | 0 | ||||
| Florida Mortgage Rates | 3.50 | % | 3.51 | % | -1 | ||||
| Illinois Mortgage Rates | 3.57 | % | 3.56 | % | +1 | ||||
| Massachusetts Mortgage Rates | 3.56 | % | 3.56 | % | 0 | ||||
| New Jersey Mortgage Rates | 3.50 | % | 3.54 | % | -4 | ||||
| New York Mortgage Rates | 3.58 | % | 3.61 | % | -3 | ||||
| Pennsylvania Mortgage Rates | 3.50 | % | 3.55 | % | -5 | ||||
| Texas Mortgage Rates | 3.52 | % | 3.53 | % | -1 | ||||
| Washington Mortgage Rates | 3.52 | % | 3.56 | % | -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]
