Current mortgage rates for 30-year fixed mortgages decreased this week, with the current rate borrowers were quoted on Zillow at 3.42 percent, down 5 basis points from last week.
The 30-year fixed mortgage rate dropped early in the week, hitting 3.36 percent before rising to the current rate.
"Mortgage rates fell last Friday after a disappointing May jobs report, but have since recovered some of that initial decline," said Erin Lantz, vice president of mortgages at Zillow. "This week we expect less volatility with several less significant data releases on the schedule."
*The weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals.
RELATED: Most popular vacation homes on Trulia