Dive summary:

• The Mortgage Bankers Association reports that the latest survey of lenders founds several lowest-ever rates, including 3.32% for a 30-year, fixed-rate loan with FHA backing.
• The rate for 30-years for less than $417,500 fell to 3.47% without the FHA requirement, a record, and the rate for jumbo loans over that amount came down to 3.77%
• For 15-year, fixed-rate deals, the average rate came down to 2.85%, only a basis point below the week before but still a record low.

From the article:

The Market Composite Index, a measure of mortgage loan application volume, increased 6.2 percent on a seasonally adjusted basis from one week earlier. ...