What is a good mortgage rate right now?

[Woodly Tisme]

I currently spoke to a lender and he was telling me that he can get me a mortgage rate at 4.2%. I thought this was a bit high seeing that rates were lowered by the Federal reserve. I was thinking mortgage rates would be well below 4%. Is 4.2% high or is that about right for where we are right now? He was telling me that because of the stock market going down, that the mortgage rates have basically been artificially increased. What do you guys think?