U.S. 30-Year Mortgage Rate Falls to 3.82%

Mortgage rates fell in the latest week, according to the Zillow Mortgage Rate Monitor:

==============================================================
Week Ending:              11/1/2011    10/25/2011   BP Chng
==============================================================
30-year fixed               3.82%        3.95%         -13.0
15-year fixed               3.18%        3.32%         -14.0
5-1 ARM                     2.75%        2.86%         -11.0
--------------------------------------------------------------
State level data for the 10 states with highest quote volume:
California                  3.83%        3.97%          -14
Colorado                    3.80%        4.00%          -20
Florida                     3.81%        3.95%          -14
Illinois                    3.88%        4.03%          -15
Massachusetts               3.82%        3.94%          -12
New Jersey                  3.79%        3.90%          -11
New York                    3.78%        3.86%           -8
Pennsylvania                3.83%        4.00%          -17
==============================================================
Week Ending:              11/1/2011    10/25/2011   BP Chng
==============================================================
Texas                       3.78%        3.93%          -15
Washington                  3.79%        4.02%          -23
==============================================================
Note: The Zillow Mortgage Rate Monitor is compiled each week using
thousands of mortgage rates quoted on Zillow Mortgage Marketplace
(http://www.zillow.com/mortgage) by mortgage lenders to borrowers
who have submitted loan requests.

SOURCE: Zillow

To contact the reporter on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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