30-Year Fixed Rate Mortgages in U.S. Hold Steady at 4.05%

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According to Zillow's Mortgage Marketplace, the 30-year fixed rate is currently 4.05 percent, up two basis points from this time last week. The 30-year fixed mortgage rate hovered between 4.02 and 4.08 percent for the majority of the week, dropping below 4 percent on Friday before rising to the current rate this morning.

"Last week rates dipped slightly after bank instability in Portugal triggered concerns about the broader European economy," said Erin Lantz, vice president of mortgages at Zillow. "This week we expect rate activity to remain somewhat subdued amid ongoing international uncertainty."

The rate for a 15-year fixed home loan is currently 3.03 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.79 percent.