Mortgage rates moved downward today resuming the downtrend of the past week. Bond yields closed lower on Friday which will drive mortgage rates lower over the weekend. Today's mortgage rates on 30 year loans are averaging 4.05%, down from yesterday's average 30 year mortgage rate of 4.09%. This coming weekend we might see 30 year mortgage rates break the all-time low of 4.00% set late last week. 15 year mortgage rates currently are averaging 3.34%, down from yesterday's average 15 year mortgage rate of 3.36%.

If you're looking for mortgage rates to purchase a home or refinance your current mortgage you can search our mortgage rate list here: Mortgage Rates Today.

30 year jumbo mortgage rates are averaging 4.46%, down from yesterday's average 30 year jumbo mortgage rate of 4.51%. Today's mortgage rates on 15 year jumbo mortgages are averaging 3.82%, down from last week’s average 15 year jumbo mortgage rate of 3.83%.

Following is a more in-depth mortgage rate report released by MonitorBankRates.com this Monday:

Mortgage Rates

Current Conforming Adjustable Mortgage Rates

1 year adjustable mortgage rates today are averaging 3.62%, unchanged from last week’s average 1 year adjustable jumbo mortgage rate.

3 year adjustable mortgage rates today are averaging 2.93%, up from last week’s average 3 year adjustable mortgage rate of 2.88%.

5 year adjustable mortgage rates are averaging 2.96%, down from the prior week’s average 5 year adjustable rate of 3.29%.

Current 7 year adjustable mortgage rates are averaging 3.24%, up from the previous week’s average 7 year adjustable mortgage rate of 3.10%.

10 year adjustable mortgage rates currently are averaging 3.66%, up from last week’s average 10 year adjustable rate of 3.52%.

Today's Adjustable Jumbo Mortgage Rates

Current 1 year jumbo adjustable mortgage rates are averaging 4.05%, unchanged from last week’s average adjustable jumbo mortgage rate.

3 year adjustable jumbo rates today are averaging lower at 3.35%, down from last week’s average 3 year jumbo adjustable rate of 3.56%.

5 year adjustable jumbo mortgage rates currently are averaging 3.12%, unchanged from last week’s average jumbo adjustable rate.

7 year jumbo adjustable mortgage loan rates are averaging 3.52%, up from last week’s average 7 year adjustable home loan rate of 3.45%.

10 year jumbo loan rates are averaging 3.93%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.95%.

Conventional IO Adjustable Mortgage Rates

3 year interest only adjustable mortgage loan rates are averaging 3.13%, down from last week’s average interest only mortgage loan rate of 3.17%.

5 year IO adjustable loan mortgage rates are averaging 3.14%, up from last week’s average five year interest only mortgage rate of 2.95%.

7 year interest only adjustable mortgage interest rates are averaging 3.35%, up from last week’s average 7 year interest-only mortgage interest rate of 3.17%.

Today's IO Jumbo Mortgage Rates

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.44%, down from last week’s average jumbo adjustable interest only rate of 3.59%.

Current 5 year adjustable jumbo interest only rates are averaging 3.39%, up from last week’s average IO home mortgage interest rate of 3.32%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.72%, up from last week’s average jumbo 7 year home mortgage loan rate of 3.69%.

Home Equity Loan Rates

10 year home equity loan rates are averaging 6.68%, down from last week’s average home equity loan rate of 6.73%.

15 year home equity rates are averaging 6.72%, up from last week’s average home equity loan rate of 6.62%.

Today's HELOC Rates

Home equity line of credit rates currently are averaging 5.03%, unchanged from last week’s average rate HELOC rate.