• Zillow reports that the 30-year fixed-rate mortgage rate is at 3.56%, which is a three-basis-point drop from the week before.
• The rate is the lowest since Zillow began reporting in 2008.
• A 15-year fixed-rate mortgage was at 2.95%. A 5-1 adjustable-rate mortgage was priced at 2.68%.

Zillow’s real-time mortgage rates are based on thousands of mortgage quotes submitted daily to anonymous borrowers on the Zillow Mortgage Marketplace site. They are not part of a lender survey.