What are today's mortgage interest rates: April 8, 2026?

MoneyWatch: Managing Your Money What are today's mortgage interest rates: April 8, 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 8, 2026 / 9:28 AM EDT / CBS News Add CBS News on Google Homebuyers and owners looking to refinance should carefully evaluate their rate options before acting now. Kirpal Kooner/Getty Images Average mortgage interest rates in early 2026 were often below 6% for 30-year mortgage terms, and some borrowers were able to find rates closer to the 5.50% mark. That was a welcome development after rates surged in recent years past 7%, the highest level in decades. But the improvements were short-lived as rates rose significantly in March, driven by a series of uneven economic reports and a spike in geopolitical tensions and overseas conflicts. As a result, much of the progress made from a series of Fed rate cuts in recent years was negated in this space in March.As April has progressed, however, new developments could change this dynamic, perhaps in a positive direction for borrowers. A new unemployment report, for example, showed the rate declining again. And calming overseas conflicts could also help improve market conditions. With rates here still a bit better than they were around this same time in 2025 and 2024, borrowers may find that this spring is still a good time to take action. To better determine their next steps, it helps borrowers to know where mortgage interest rates stand right now, as of April 8, 2026. See how low your current mortgag...