economy
What are today's mortgage interest rates: April 10, 2026?
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TL;DR
- Inflation reached 3.3% in the latest Bureau of Labor Statistics report, a nearly two-year high.
- The current inflation rate is well above the Federal Reserve's 2% target, suggesting delayed interest rate cuts.
- As of April 10, 2026, the average mortgage rate for a 30-year term is 6.25%, and for a 15-year term is 5.62%.
- Average mortgage refinance rates on April 10, 2026, are 6.94% for a 30-year term and 6.06% for a 15-year term.
- While rates are higher than initially hoped, they are still lower than in 2024 and 2025.
- Borrowers are advised to shop around for the best rates and consider acting sooner rather than later due to market volatility.