Mortgage Daily

When the Fed announced last week that it would spend up to an additional $750 billion to buy mortgage-backed securities , it set off some excitement in the mortgage world, and rates quoted by lenders on Zillow Mortgage Marketplace dove downward immediately . The average weekly mortgage rate ended up at 5.06% for a 30-year fixed mortgage. The rate is still low — 5.08% for a 30 year fixed mortgage . Check out Zillow Mortgage Marketplace for up-to-the-minute rates.

Originally posted here:
Mortgage Rates Still Low After Last Week’s Federal Reserve Announcement

Tags: advertising, celebrity-real-estate, foreclosures, friday-fun, get-this-widget, hometowns, refinance, zillow-api