What are today's mortgage interest rates: April 28, 2026?

Today's mortgage interest rates are noticeably improved compared to what was available in March. xphotoz/ The mortgage interest rate climate is constantly changing, as can clearly be seen just by the movement in recent weeks. On March 2, 2026 , for example, the average rate on a 30-year mortgage was just 5.75%, meaning that qualified borrowers may have been able to find a rate closer to 5% . By March 31, however, that rate had surged to 6.37%, a more than 50 basis point jump sparked in large part by geopolitical tensions and overseas conflicts. This April, however, rates have again reversed course, and earlier this week, that average was down to 6.00% after briefly breaking into the 5% range last week. Against this backdrop, it's arguably more important than usual for borrowers to shop around and research their rate options and lenders. And that's true whether they're looking to buy a new home or refinance their existing one. Getting rate quotes from at least three different lenders can help these borrowers build a baseline to compare against. To better understand the affordability those lenders represent, however, buyers and owners must know where mortgage interest rates stand as of April 28, 2026. Start by seeing how low your current mortgage rate offers are here now . What are today's mortgage rates? The average mortgage interest rate on a 30-year mortgage term is 6.12% as of April 28, 2026, according to Zillow . The median rate on a 15-year alternative is 5.62%. …