economy
What are today's mortgage interest rates: April 1, 2026?
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TL;DR
- Mortgage rates increased in March due to volatile economic reports, overseas conflicts, and geopolitical tensions.
- Sub-6% mortgage rates available in February were largely gone by the end of March.
- As of April 1, 2026, the average 30-year mortgage rate is 6.25%, and the average 15-year rate is 5.75%.
- The average refinance rate for a 30-year mortgage is 6.78%, and for a 15-year mortgage is 5.75%.
- Borrowers are encouraged to shop around for lenders and consider locking in rates to protect against market unknowns.
- Best rates and terms are reserved for borrowers with excellent credit scores and clean credit profiles.
- When considering refinancing, borrowers must account for closing costs to ensure affordability.