What are today's mortgage interest rates: April 21, 2026?

MoneyWatch: Managing Your Money What are today's mortgage interest rates: April 21, 2026? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Read Full Bio Matt Richardson April 21, 2026 / 8:15 AM EDT / CBS News Add CBS News on Google Mortgage rates have gradually improved in recent days for both buyers and owners hoping to refinance. Skryagin Igor/garrykosoff/Getty Images Mortgage interest rates in March surged by more than half a percentage point, on average, even with the Federal Reserve electing to keep its rate policy unchanged in the month. But with a series of disappointing economic reports in the month and heightened geopolitical tensions and overseas conflicts, mortgage rates spiked anyway. Case in point: The median mortgage interest rate for a 30-year mortgage was 5.75% on March 2 and 5.25% for a 15-year option. By March 31, however, those same rates were 6.37% and 5.75%, respectively. And they didn't start April in a very different position.That said, perhaps in response to adapting overseas conflicts and record stock market returns, the mortgage rate climate is changing again, this time in an encouraging way for borrowers. The average mortgage interest rate on a 30-year term dropped back under 6% on Monday while 15-year options held steady, comfortably below the 5.75% average they sat at at the end of March. And these changes could be a sign that additional rate improvements are ahead. At the same time, locking in an affordable rate now can protect borrowers from any volatility still to come.To better determine...