30-Year Fixed Mortgage Rates Experience Biggest Weekly Drop Since January, Fall Back Below 4 Percent

Posted by Bonnie Martin Designated Broker on Wednesday, September 3rd, 2014 at 9:52am.

interest_alexandrgordeev_450zillow.com - Mortgage rates for 30-year fixed mortgages fell 12 basis points this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.96 percent, down from 4.08 percent at this same time last week.

The 30-year fixed mortgage rate hovered around 4 percent for most of last week, peaking at 4.09 percent on Monday before easing back down to the current rate on Tuesday.

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Photo:  ©[Alexandr Gordeev]/123RF.COM

 

 

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