Mortgage rates are under 6% again. Here are 3 moves borrowers should make now.

MoneyWatch: Managing Your Money Mortgage rates are under 6% again. Here are 3 moves borrowers should make now. 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 / 12:47 PM EDT / CBS News Add CBS News on Google Mortgage interest rates have noticeably declined from where they were at the end of March. Userba011d64_201/Getty Images It may not have been a huge decline, but for many borrowers it represented an important milestone nonetheless: Average mortgage interest rates in recent days have again fallen under 6%. Now at an average of 5.99% for a 30-year mortgage (and 5.50% for a 15-year alternative loan term), rates here are still not what they were at the beginning of the decade. But they are in line with historic averages, and they're markedly improved from what they were just a few weeks ago after rates surged in response to overseas conflicts and geopolitical tensions.It was just March 31, for example, when these rates were 6.37% and 5.75%, respectively. So there's been noticeable improvement here, perhaps enough to justify a home purchase this spring. As recent market volatility illustrates, however, borrowers shouldn't remain idle now that rates are in a more affordable position. In fact, it may benefit them to take a more aggressive approach. And that begins with making the right strategic moves that will help them exploit this time in the mortgage rate space. Below, we'll examine three worth serious consideration now.Start by seeing how low your current mortgage rate offe...