Coming Down...But Will They Go Lower?

TODAY'S RATES from Bankrate.com

Overnight Averages Today +/-
1 yr jumbo ARM 6.60%
3/1 jumbo ARM 6.07%
3/1 jumbo ARM (interest only) 5.95%
7/1 jumbo ARM 6.08%
7/1 jumbo ARM (interest only) 6.24%
2/28 ARM 6.45%
3/27 ARM 6.47%
40 yr fixed mtg 6.36%
30 yr fixed mtg 5.28%
15 yr fixed mtg 5.23%
1 yr ARM 5.67%
30 yr fixed jumbo mtg 6.97%
30 yr FHA mtg 5.74%
5/1 ARM 5.83%
5/1 jumbo ARM 5.95%
3/1 ARM 5.75%
7/1 ARM 5.99%
10/1 ARM 6.23%
15 yr fixed jumbo mtg 6.42%
10 yr fixed mtg 5.12%
20 yr fixed mtg 5.13%
3/1 ARM (interest only) 5.60%
5/1 ARM (interest only) 5.83%
5/1 jumbo ARM (interest only) 6.13%
7/1 ARM (interest only) 6.01%