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What are today's mortgage interest rates: April 7, 2026?
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TL;DR
- The average 30-year mortgage rate is 6.41% as of April 7, 2026.
- The average 15-year mortgage rate has slightly decreased to 5.93%.
- Average refinance rates are 6.83% for 30-year and 5.68% for 15-year mortgages.
- Market volatility due to economic challenges and trade concerns is impacting lender caution.
- Homeowners with rates at or above 7% may find refinancing the 15-year option beneficial.
- Borrowers are advised to compare personalized quotes from multiple lenders for the best rates.