Current mortgage rates for 30-year fixed mortgages increased this week, with the current rate borrowers were quoted on Zillow at 3.47 percent, down 1 basis point from last week.
The 30-year fixed mortgage rate remained stable for most the week:
"Mortgage rates were essentially flat last week with incoming data and commentary largely in line with expectations," said Erin Lantz, vice president of mortgages at Zillow. "This week all eyes will be on Friday's Monthly Jobs Report, which will be the definitive statement on the health of the U.S. economy leading into the June FOMC meeting."
RELATED: 10 major U.S. cities where it's best to buy a home instead of rent one
*The weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals.