30-yr fixed mortgage rates continue to hold at a record low 4.375% for well-qualified borrowers paying a standard .07 to 1 point origination. 15-yr fixed mortgage rates have dipped once again, setting a new record low, at 3.75%, down from 3.875.

FHA mortgage rates are now a tad lower than conforming mortgage rates. 30-yr fixed FHA loan rates are at 4.25%. Despite the slightly lower note rate available at an origination fee of 1 point, APR on an FHA loan at that rate is much higher than that of a conforming mortgage because of FHA fees and MIP. Jumbo mortgage rates are unchanged. Today’s jumbo 30-yr fixed-rate is 5.375%.

Wells Fargo continues to advertise a 30-yr fixed-rate of 4.75% on their website, with an APR of 4.939.

Mortgage-backed securities prices, which drive mortgage rates in the opposite direction, are up early this week cementing rates at the current record low.