SEATTLE, Sept. 13, 2016 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.31 percent, up 2 basis points from this time last week. The 30-year fixed mortgage rose Friday to 3.38 percent, then fell steadily back to the current rate over the rest of the week.
“Mortgage rates spiked almost 10 basis points late last week, reaching the highest levels since July before retreating, as markets react to the inevitability of tighter monetary policy in the U.S. and Europe,” said Erin Lantz, vice president of mortgages at Zillow. “This week markets are likely to be particularly jumpy in response to incoming data with eyes toward next week’s Federal Open Market Committee meeting.”
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 2.56 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.66 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 (9/13/16) | Last Week’s 30-Year Fixed Rate (9/6/16) | Change in Basis Points | ||||||
| California Mortgage Rates | 3.30 | % | 3.29 | % | +1 | ||||
| Colorado Mortgage Rates | 3.29 | % | 3.31 | % | -2 | ||||
| Florida Mortgage Rates | 3.31 | % | 3.26 | % | +5 | ||||
| Illinois Mortgage Rates | 3.33 | % | 3.31 | % | +2 | ||||
| Massachusetts Mortgage Rates | 3.32 | % | 3.28 | % | +4 | ||||
| New Jersey Mortgage Rates | 3.33 | % | 3.28 | % | +5 | ||||
| New York Mortgage Rates | 3.38 | % | 3.37 | % | +1 | ||||
| Pennsylvania Mortgage Rates | 3.31 | % | 3.30 | % | +1 | ||||
| Texas Mortgage Rates | 3.30 | % | 3.30 | % | 0 | ||||
| Washington Mortgage Rates | 3.27 | % | 3.35 | % | -8 | ||||
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]


Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage
Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026
TSMC Japan's Second Fab to Produce 3nm Chips by 2028
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook
First Western Ship Transits Strait of Hormuz Since Iran War Began
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
Apple Turns 50: From Garage Startup to AI Crossroads 



