Hello neighbors,

Looks like mortgage rates are still holding pretty steady with the conventional 30-year fixed rate at 4.25% with a 1 point origination for well qualified borrowers according to FreeRateUpdate.com. In addition, 15-year financing came in at 3.75%. Both of these interest rates are at all time record lows.

As for the jumbo 30-year fixed mortgage rate, recent data showed 5.25% accounting for another all time record low.

Current rates for FHA loans are also looking pretty good according to recent numbers.

Although rates are at their lowest in 50 years, home buying is still lagging behind after the expiration of the tax credit.