Mortgage Rates Hold Unchanged This Week at 3.58%
By Lauren Braun
The 30-year fixed mortgage rate hovered between 3.58 percent and 3.83 percent before settling at the current rate.
"Rates were on a roller coaster last week but settled roughly where they started, holding near 20-month lows," said Erin Lantz, vice president of mortgages at Zillow. "U.S. domestic data are expected to play a prominent role this week with Wednesday's Federal Open Market Committee statement and Friday's GDP [gross domestic product] report, but international news could still drive markets. Overall, we expect rates to remain flat over the next week."