Brazil Supreme Court Orders Asset Freeze of Nelson Tanure Amid Banco Master Investigation 
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade 
Valentino Garavani Dies at 93, Leaving Behind the Timeless Legacy of Valentino Red 
Baidu Shares Surge After Official Launch of Advanced Ernie 5.0 AI Model 
JPMorgan and Allen & Company Emerge as Big Winners in Warner Bros Discovery Bidding War 
Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand 
Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure 
Court Allows Expert Testimony Linking Johnson & Johnson Talc Products to Ovarian Cancer 
BHP Posts Record Iron Ore Output as China Pricing Pressures Loom 
FAA Says It Is Not Blocking Boeing 737 MAX 7 and MAX 10 Certification 
SoftBank Shares Surge as AI Optimism Lifts Asian Tech Stocks 
Nvidia CEO Jensen Huang Plans China Visit Amid AI Chip Market Uncertainty 
FSU Criticizes ANZ Over Suncorp Bank Job Cuts Amid Post-Acquisition Commitments 
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices 
Pop Mart Shares Surge in Hong Kong After First Buyback in Nearly Two Years 
Renault Group Global Sales Rise 3.2% in 2025 on Strong International and EV Demand 
SEATTLE, May 02, 2017 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.80 percent, up one basis point from this time last week. The 30-year fixed mortgage rate hovered between 3.78 percent and 3.85 percent before settling at the current rate.
“Mortgage rates were mostly stable last week, holding near six-month lows, though they fell slightly Monday on weak inflation data which could prompt the Fed to delay future rate hikes,” said Erin Lantz, vice president of mortgages at Zillow. “Rates should move more this week leading up to Friday’s jobs report in the United States, and Sunday’s French presidential election, which has important implications for the future of the European Union.”
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 3.03 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.88 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 (5/2/17) | Last Week’s 30-Year Fixed Rate (4/25/17) | Change in Basis Points | ||||
| California Mortgage Rates | 3.80 | % | 3.79 | % | +1 | ||
| Colorado Mortgage Rates | 3.78 | % | 3.80 | % | -2 | ||
| Florida Mortgage Rates | 3.80 | % | 3.79 | % | +1 | ||
| Illinois Mortgage Rates | 3.80 | % | 3.80 | % | 0 | ||
| Massachusetts Mortgage Rates | 3.80 | % | 3.78 | % | +2 | ||
| New Jersey Mortgage Rates | 3.82 | % | 3.81 | % | +1 | ||
| New York Mortgage Rates | 3.86 | % | 3.89 | % | -3 | ||
| Pennsylvania Mortgage Rates | 3.80 | % | 3.78 | % | +2 | ||
| Texas Mortgage Rates | 3.78 | % | 3.78 | % | 0 | ||
| Washington Mortgage Rates | 3.79 | % | 3.73 | % | +6 | ||
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]
