Mortgage Rates: Current Mortgage Rates Today March Downward

After running higher for much of last week mortgage rates are retreating again heading lower. Current mortgage rates on 30 year mortgage loans are averaging 4.12%, down from yesterday's average 30 year mortgage rate of 4.15%. The high average rate last week on 30 year mortgage rates was 4.24% but we have since declined 12 basis points. Mortgage rates today on 15 year mortgages are also lower averaging 3.45%, down from yesterday's average 15 year mortgage rate of 3.49%.