According to an article in the Reality Times by Ed Ferrara, mortgage rates are at an all time low. On May 25th, 2010 the official FreeRateUpdate.com conventional 30 year fixed mortgage rate, available to well-qualified borrowers paying about a point origination, is 4.5%. The 15 year fixed rate is 4%, with some lenders reported “squeezing” out 3.875%. For more information and the full article, click here.