Mortgage Rates Today, April 20, 2026: 30-Year Rates Maintain 4-Week Low

Mortgage rates are down from Friday and remain under 7%. Today’s national average on a 30-year fixed-rate mortgage is 6.33%, according to Bankrate. If you choose a 15-year fixed-rate mortgage, the average rate is 5.73%.Mortgage rates reached a four-week low on Friday, April 17. While they aren’t as low as they were in February when they briefly fell below 6%, they’re considerably lower than they were in late March as the spring home-selling season kicked off with a weak start.The Federal Reserve has its next meeting at the end of April, and it’s heavily predicted to keep rates unchanged. Similarly, while Fannie Mae originally predicted mortgage rates would fall below 6% and continue falling throughout the year, its updated forecast now predicts rates will be above 6% throughout 2026.This news is disappointing for those who hoped to buy or refinance a home this year. However, given how volatile rates have already been in the first few months of the year, it’s still possible that they could drop later in the year.Top mortgage rates todayCurrent mortgage rates are down from Friday and lower than they were seven days ago. Rates are lower than they were in early 2025, when the average