Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SEATTLE, June 13, 2017 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.71 percent, up five basis points from this time last week. The 30-year fixed mortgage rate rose steadily throughout the week.
“Mortgage rates edged higher last week, the first weekly increase since early May, mostly in response to slight changes to the European Central Bank’s forward-looking statements, which reduced downward pressure on U.S. rates,” said Erin Lantz, vice president of mortgages at Zillow. “This week the FOMC meeting statement due Wednesday is the headline event. A rate hike is largely priced into markets already, but changes to the outlook could move rates.”
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 2.97 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.95 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 (6/13/17) | Last Week’s 30-Year Fixed Rate (6/6/17) | Change in Basis Points | ||||
| California Mortgage Rates | 3.72 | % | 3.64 | % | +8 | ||
| Colorado Mortgage Rates | 3.72 | % | 3.64 | % | +8 | ||
| Florida Mortgage Rates | 3.69 | % | 3.65 | % | +4 | ||
| Illinois Mortgage Rates | 3.73 | % | 3.69 | % | +4 | ||
| Massachusetts Mortgage Rates | 3.70 | % | 3.65 | % | +5 | ||
| New Jersey Mortgage Rates | 3.71 | % | 3.66 | % | +5 | ||
| New York Mortgage Rates | 3.76 | % | 3.72 | % | +4 | ||
| Pennsylvania Mortgage Rates | 3.68 | % | 3.66 | % | +2 | ||
| Texas Mortgage Rates | 3.69 | % | 3.66 | % | +3 | ||
| Washington Mortgage Rates | 3.74 | % | 3.69 | % | +5 | ||
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]
