Mortgage rate update - April 19

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mortgage rate update - april 19

Current mortgage rates for 30-year fixed mortgages increased this week, with the current rate borrowers were quoted on Zillow at 3.44 percent, up 5 basis points from last week.

The 30-year fixed mortgage hovered around 3.42 percent for most of the week before rising to the current rate.

"Mortgage rates continued to hold near 3-year lows last week, despite several economic headlines that could have resulted in downward pressure," said Erin Lantz, vice president of mortgages at Zillow. "There is little data on the schedule for this week, so rates will likely remain at their current level."

Additionally, the 15-year fixed mortgage rate was 2.66 percent, and for 5/1 ARMs, the rate was 2.70 percent.

Check Zillow for mortgage rate trends and up-to-the-minute mortgage rates for your state, or use the mortgage calculator to calculate monthly payments at the current rates.

*The weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals.

Related: 10 real estate accounts you should follow on social media

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10 real estate accounts to follow
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Mortgage rate update - April 19

Illustrated Properties
@illustratedproperties
Based in Palm Beach Gardens, FL, this account exclusively features current listings (including prices) of mansions with pools. A fine display of true and massive Floridian architecture.

Photo credit: Instagram


 

Saunders & Associates
@hamptonsrealestate
Because who wouldn't rather be at a beachfront estate in the ever-glamorous Hamptons?

Photo credit: Instagram

MSM Luxury Estates
@msmluxuryestates
Based in Beverley Hills, CA, celebrity homes are often featured, as are infographics including statistics on the current market. 

Photo credit: Instagram

Joyce Rey Real Estate
@joycereyrealestate
Featuring estates everywhere from California to Italy, prime luxury pads are accompanied by shots of pretty decor, quotes and personal moments from Joyce Rey's glamorous life. 

Photo credit: Instagram

Houlihan Lawrence
@houlihanlawrence
The real estate firm that specializes in Westchester County and the suburbs of northern NY posts listings in real time, as well as shots of hip and marketable hotspots in the towns where they sell.

Photo credit: Instagram

Chad Carroll
@chadcarroll
This "Million Dollar Listing: Miami" star posts pictures and listings showcasing all of Miami's architectural beauty, from rooftop views to sleek interiors.

Photo credit: Instagram

Douglas Elliman
@douglaselliman
As one of the most prestigious real estate companies in the world, it's no surprise that this account is full of all things luxurious, including cityscapes, events, and famous landmarks.

Photo credit: Instagram

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