economy
What are today's mortgage interest rates: April 2, 2026?
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
TL;DR
- In early 2026, mortgage rates were favorable, with a 30-year mortgage dipping below 6% in February, influenced by Federal Reserve rate cuts.
- Rates rose in March 2026 due to inflation and geopolitical factors, increasing by about half a percentage point.
- As of April 2, 2026, the average rate for a 30-year mortgage is 6.25%, and for a 15-year mortgage is 5.75%.
- Average refinance rates on April 2, 2026, are 6.81% for a 30-year term and 5.83% for a 15-year term.
- Shopping around online is recommended to find potentially lower rates than the averages presented.
- Current rates are still considered affordable compared to early 2025 and 2024, and historical averages.