The 30-year fixed-rate mortgages (FRMs) on Zillow Mortgages is currently 4.05 percent, up nine basis points from this time last week. The 30-year fixed mortgage rate gradually increased last week, peaking at 4.19 percent on Saturday before coming down to the current rate. “Rates rose steadily last week, despite the lackluster jobs report released on Friday,” said Erin Lantz, vice president of mortgages at Zillow. “This week, with little domestic economic news slated for release, we expect international news to determine whether rates will keep rising, or fall back below four percent.” Zillow’s real-time mortgage rates are based on thousands of custom mortgage quotes submitted daily to anonymous borrowers on the Zillow Mortgages site, and reflect the most recent changes in the market. These are not marketing rates, or a weekly survey. The rate for a 15-year fixed home loan is currently 3.11 percent, while the rate for a 5-1 adjustable-rate mortgage (ARM) is 2.88 percent.