FHA mortgage rates continue to mirror those of conforming mortgages. Despite similar interest rates on FHA loans being available today at a standard origination fee, FHA fees and MI make FHA loans far more expensive.

The current jumbo 30 year fixed rate remains at 5.375%.

Wells Fargo continues to advertise a 30 year fixed rate of 4.875% on their website, with an APR of 5.065.

Why the improvement in mortgage rates today?

A big drop in the Dow today -324.0 (-3.16%), fueled by a worse than expected jobs report, pushed investors toward bonds helping mortgage rates, which move the opposite direction of bonds. Mortgage-backed securities prices, which move mortgage rates in the opposite direction were up significantly +21/32 (FNMA 30-yr 4.5 at 102.23).

To display current mortgage rates on your website or blog use our free mortgage rates widget.

Conventional mortgage interest rates across the board are unchanged this week. The current conventional 30 year fixed mortgage rate is 4.5%. The current 15 year fixed rate is 4%, and the current 5/1 ARM rate is 3.5%. These rates are available today to well-qualified consumers paying .07 to 1 point origination.

FHA mortgage rates are currently the same as conventional mortgage rates, and also unchanged today.

Jumbo mortgage rates are unchanged as well. The current jumbo 30 year fixed rate remains at 5.375%.

The current run for mortgage rates at 4.5% marks the longest period of time rates have remained this low. The only other time 30 year fixed mortgage rates were this low was December of last year, just a few days days.

Wells Fargo, the biggest lender in the nation volume wise, is currently offering a 30 year fixed mortgage rate of 4.875% for both conventional and FHA mortgages.

To display current mortgage rates on your website or blog use our free mortgage rates widget.

FHA mortgage rates are now the same as conforming rates, breaking the recent trend of being slightly better. Despite similar rates and origination, FHA loans come with a higher APR due to MI and other FHA fees charged at closing.

The current jumbo 30 year fixed rate is still 5.375%, matching an all time low.

Wells Fargo, who originates more residential mortgages than any other lender, is advertising a 30 year fixed rate of 4.875% today with an APR of 5.065 on their website. Wells Fargo mortgage rates are unchanged from last week.

FreeRateUpdate.com researches over 2 dozen wholesale lenders’ rate sheets on a daily basis to determine the most accurate rates available to well-qualified borrowers paying about a point origination. These rates are commonly referred to in the mortgage industry as “par rates”.

To display current mortgage rates on your website or blog use our mortgage rates widget.

Today’s conforming 30 year fixed mortgage rates are up an 1/8, from a record low 4.5, to 4.625 for well-qualified borrowers paying .07 to 1 point origination. Today’s 15 year fixed mortgage rate remains at 4% for now, but could move up at any moment. Today’s 5/1 ARM rate, at risk to rise, is at 3.5%.

Today’s FHA mortgage rates are rising fast as well. Today’s FHA 30 year fixed mortgage rate is up 1/4% from 4.375, currently at 4.625% mirroring the conforming 30 year fixed rate.

Jumbo mortgage rates, not as directly affected by MBS prices, remain the same for now. Today’s jumbo 30 year fixed rate is 5.375%.

Wells Fargo mortgage is offering a 30 year fixed mortgage rate of 4.875% with an APR of 5.065 on their website.

FreeRateUpdate.com researches over 2 dozen wholesale lenders’ rate sheets for brokers daily to determine the most accurate mortgage rates available to well-qualified consumers paying .07 to 1 point origination.

It seems that consumers aren’t squandering the opportunity to save money. FreeRateUpdate.com has seen quite a spike in refinance rate requests, in fact it’s the biggest increase in refi rate requests we’ve seen in our 2 years online. Purchase rate requests on the other hand are down significantly from last month, when home-buyers rushed to beat the April 30th deadline for the home-buyer tax credit.

The current conforming 30 year fixed rate remains at 4.5%. The current 15 year fixed rate remains at 4%. The current 5/1 ARM rate is at 3.5%.

The current FHA 30 year fixed rate is at 4.375%. FHA loans come with MI and FHA fees that make closing costs much higher than that of a conforming mortgage.

The current jumbo 30 year fixed rate is down to 5.375%, from 5.5.

Wells Fargo, who originates more mortgages today than anyone else, is advertising on their website a 30 year fixed rate of 4.875 with a 5.065 APR.

The current conforming 30 year fixed mortgage rate remains at 4.625% for well-qualified borrowers paying about 1 point origination. The current 15 year fixed rate is at 4%, down from from 4.125. The current 5/1 ARM rate is 3.5%.

The current FHA 30 year fixed rate remains at 4.5%, an 1/8 below the conforming 30 year fixed rate. Despite FHA loans having similar rates and origination, beware closing costs are much higher due to MI and other FHA fees.

The current 30 year fixed jumbo mortgage rate, for true jumbo loans that exceed the jumbo conforming loan limit, is 5.5%.

All rates mentioned in this article have been verified as being available to well-qualified consumers paying a standard .07 to 1 point origination by FreeRateUpdate.com research of wholesale lenders’ rate sheets for brokers.

Wells Fargo, the leading originator of residential mortgages in the US, is advertising a 30 year fixed rate of 4.875, with an APR of 5.065. Wells Fargo hasn’t changed their advertised 30 year fixed rate this week. – source: Wells Fargo website

The current 30-year fixed mortgage rate remains at 4.75%. The current 15-year fixed rate remains at 4.25%. The current 5/1 ARM rate remains at 3.625%.

The current FHA 30-year fixed rate also is at 4.75%, unchanged. The current FHA 15-year fixed rate is at 4.5%.

The current jumbo 30-year fixed rate remains at 5.625% and hasn’t changed recently.

Wells Fargo, the nations #1 originator volume wise, is offering a 30 year fixed rate of  4.875% with an APR of 5.065, the same as yesterday.

To display current mortgage rates on your website use our free mortgage rates widget.

The current 30 year fixed rate remains at 4.75% for well qualified borrowers willing to pay a standard .07 to 1 point origination. The current 15 year fixed rate remains at 4.25%. The current 5/1 ARM rate remains at 3.625%. Demand for adjustable rate mortgages are at a record low.

The current FHA 30 year fixed rate remains at 4.75%, same as conforming. Other FHA rates include the 15 year fixed, at 4.5%, and the 5/1 ARM at 3.625%. Despite interest rates available on FHA loans, at about the same level as conforming loans, closing costs are higher because of MI and other FHA fees.
The current jumbo 30 year fixed rate remains at 5.625%, with slightly better rates available for borrowers with an extremely low LTV.

Wells Fargo, the nations largest mortgage lender in volume, is advertising a conventional 30 year fixed mortgage at a rate of 4.875%, with an APR of 5.065.

To display current mortgage rates on your website or blog, please use our mortgage rate widget.

For well-qualified borrowers willing to pay about a point in origination, the current 30-year fixed rate is 4.75%. The current 15-year fixed rate is 4.25%, and the current 5/1 ARM rate is 3.625%. Across the board, conventional mortgage rates today are unchanged.

The current FHA 30 year fixed rate also remains at 4.75%. The current FHA 15 year fixed rate is 4.5%, and the FHA 5/1 ARM rate is 3.625%, same as conforming.

The current jumbo 30 year fixed rate is still at 5.625%.

The rates mentioned in this article are available today to well-qualified consumer paying a standard .07 to 1 point origination, as verified by FreeRateUpdate.com through our research of over 2 dozen wholesale lenders’ rate sheets.

To display today’s mortgage rates on your website or blog be sure to use our mortgage rates widget.

FHA mortgage rates, also solid, haven’t seen movement for weeks. The current FHA 30-year fixed rate is the same as that of the 30-year conforming mortgage, 4.75%. The current FHA 15-year fixed rate is 4.5%. The current FHA 5/1 ARM rate is 3.625%. FHA loans do come with higher closing costs than a conforming mortgage because of MI and other FHA fees charged exclusively on FHA loans.

The current jumbo 30-year fixed rate remains at 5.625%.

To display current mortgage rates to your website visitors use our free mortgage rates widget (top right).

Mortgage-backed securities prices, which drive mortgage rates in the opposite direction, are up today+8/32 (FNMA 30-yr 4.5 at 101.05). Concerns over the Greece debt situation continue to help mortgage rates as investors seek the safety of bonds while stocks fall. Any further gains in MBS prices could push rates down.