What are today's mortgage interest rates: April 20, 2026?

MoneyWatch: Managing Your Money What are today's mortgage interest rates: April 20, 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 20, 2026 / 10:02 AM EDT / CBS News Add CBS News on Google Today's mortgage interest rates could be affordable for borrowers looking to buy a home or refinance an existing one. alynst/Getty Images Homebuyers and owners looking to refinance in early 2026 began the year with cautious optimism. Mortgage interest rates had been falling with no clear end in sight after the Federal Reserve issued three rate cuts in the final four months of 2025. Average rates were under 6%, and by February, qualified borrowers were able to secure rates closer to 5%. Market conditions changed in March, sparked by a series of uneven economic reports and heightened geopolitical tensions and overseas conflicts. So far in April, however, conditions here have stabilized a bit. And mortgage interest rates seem to be improving gradually again, perhaps even to a point that encourages action on behalf of borrowers.Still, being informed about your current rate offers is key. Considering that mortgage rates change each day, it may even be helpful to lock in a low mortgage rate offer now, versus waiting for the rate climate to improve any further. To better determine your next steps, it helps to know where mortgage interest rates stand right now, as of April 20, 2026. That's what we'll examine below.See how low your current mortgage rate offers are here.What are today's mortgage intere...