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Zillow: 30-year mortgage rate plumbs new low at 3.71pct

Posted on 11 January 2012

Real-estate website Zillow Inc. said Tuesday its real-time rate on 30-year fixed mortgages fell again to yet another low in the last week. Zillow said the 30-year fixed mortgage rate on its Mortgage Marketplace is at 3.71%, down from 3.73% a week earlier.
The company said the 30-year fixed mortgage rate moved between 3.7% and 3.74% for the majority of the last week, dropping to 3.67% percent on Monday before rising to the current rate this morning. It’s the second week in a row that the Tuesday snapshot rate was the lowest the company has reported since the Zillow Mortgage Marketplace was launched in 2008…………………………………….Full Article: Source


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