What are today's mortgage and mortgage refinance interest rates?
Summary
Mortgage interest rates are higher now compared to a few years ago, but good rates are still possible for buyers with strong credit. Today’s average rates for a 30-year mortgage are about 6.13%, while 15-year loans average 5.50%. Refinancing rates are slightly different, with 30-year refinances averaging 6.83%.Key Facts
- Average 30-year mortgage rate as of April 17, 2026, is 6.13%.
- Average 15-year mortgage rate is 5.50%.
- Average 30-year refinance rate is 6.83%, and 15-year refinance rate is 5.50%.
- Higher credit scores, especially in the mid-700s or above, help borrowers get better mortgage rates.
- Borrowers should pay bills on time, check credit reports for errors, and avoid taking new credit before applying.
- Comparing rates and terms from multiple lenders can result in better deals, especially when refinancing.
- Shorter loan terms, like 15 years, usually offer lower interest rates than longer terms, like 30 years.
- It’s important to consider all loan costs, including fees and closing costs, when choosing or refinancing a mortgage.
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