TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Instagram Outage Disrupts Thousands of U.S. Users 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
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 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
SEATTLE, Feb. 21, 2017 -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.93 percent, unchanged from this time last week. The 30-year fixed mortgage rate jumped last Tuesday before falling back to the current rate on Friday and hovered there for the rest of the week.
“Mortgage rates surged early last week after strong inflation and retail sales data, and comments by Federal Reserve Chair Janet Yellen in her semi-annual testimony to Congress,” said Erin Lantz, vice president of mortgages at Zillow. “However, most of those gains were reversed by the end of the week and now stand essentially unchanged from a week ago. Fed news is likely to drive rate movements this week with several speeches by Fed governors and Wednesday’s release of minutes from the last FOMC 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 3.13 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.96 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 (2/21/17) | Last Week’s 30-Year Fixed Rate (2/14/17) | Change in Basis Points | ||||
| California Mortgage Rates | 3.93 | % | 3.94 | % | -1 | ||
| Colorado Mortgage Rates | 3.93 | % | 3.92 | % | +1 | ||
| Florida Mortgage Rates | 3.92 | % | 3.91 | % | +1 | ||
| Illinois Mortgage Rates | 3.97 | % | 3.94 | % | +3 | ||
| Massachusetts Mortgage Rates | 3.91 | % | 3.91 | % | 0 | ||
| New Jersey Mortgage Rates | 3.93 | % | 3.94 | % | -1 | ||
| New York Mortgage Rates | 3.98 | % | 4.01 | % | -3 | ||
| Pennsylvania Mortgage Rates | 3.92 | % | 3.91 | % | +1 | ||
| Texas Mortgage Rates | 3.92 | % | 3.92 | % | 0 | ||
| Washington Mortgage Rates | 3.98 | % | 3.93 | % | +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]
