Mortgage Rates Unchanged, Remain at Record Low

Conventional 30-year fixed mortgages remain available at 4.375% for well-qualified consumers paying a standard origination fee of about 1 point. 15-year fixed mortgages remain available at 3.875%. It's not just conforming mortgage rates that are low, FHA mortgage rates continue to mirror those of conforming mortgages. Today's 30-year fixed FHA loan rate is also 4.375%. Despite FHA loans being available at the same note rate as a conforming mortgage, APR is higher because of MI and other FHA fees. Still FHA loans have been most popular among home-buyers with an attractive minimum down-payment of just 3.5%

Link to the rest of the article: