30-year fixed rate mortgage rates have rebounded, but remain at a lower level than they were last week. Zillow Inc.’s Z +0.75% real-time rate tracker showed that on Tuesday, 30-year fixed rate mortgages had a 3.86% interest rate, slightly up from Thursday’s low of 3.82% but still lower than the 3.92% they were at one week
Zillow is Going Public, Files for IPO
April 20, 2011 by
Popular online real estate information marketplace Zillow, Inc. has filed with the SEC to raise $52 million in an initial public offering (IPO). Zillow has been growing fast in these turbulent real estate times, offering a simple interface and process to buying and selling property. Richard Barton and Llloyd Frink, both former Microsoft executives and