Today’s mortgage rates rise slightly for the first time this month | April 12, 2021

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Take a look at mortgage rates for April 12, 2021, which have been on the rise since last Friday. (iStock)

Based on data compiled by Credible Operations, Inc., NMLS number 1681276, mortgage rates have been flat since last Friday, with the exception of the 30-year rate, which rose back to 3%.

  • 30-year fixed-rate mortgage rates: 3,000%, up 2.875%, +0.125
  • 20-year fixed-rate mortgage rates: 2.750%, immutable
  • 15-year fixed-rate mortgage rates: 2,250%, immutable
  • 10-year fixed-rate mortgage rates: 2,000%, immutable

Prices were last updated on April 12, 2021. These prices are based on the assumptions shown Here. Actual prices may vary.

To find the best mortgage rate, first use Credible, which can show you the latest mortgage and refinance rates:

Search the interest rates from multiple lenders so you can make an informed decision about your home loan.

Look at today’s mortgage refinancing rates

Today’s mortgage refinance rates have increased since last Friday, with the exception of the 30-year rates, which have remained stable and are below the monthly average for March 2021. Today marks the first day of April hike, and yet rates are still hovering near historical standards, Freddie Mac said. If you’re considering refinancing an existing home, check out what the refinance rates look like:

  • 30-year fixed refinancing rates: 3.125%, immutable
  • 20-year fixed refinancing rates: 2.875%, from 2.750%, + 0.125
  • 15-year fixed refinancing rates: 2.375%, immutable
  • 10-year fixed refinancing rates: 2.250%, from 2.125%, + 0.125

Prices were last updated on April 12, 2021. These prices are based on the assumptions shown Here. Actual prices may vary.

A website like Credible can be of great help when you are ready to compare mortgage refinancing loans. Credible shows you pre-qualified interest rates for conventional mortgages from multiple lenders within minutes. Visit Credible today to get started.

Current mortgage rates

After hitting new lows last week, mortgage rates are up slightly today. The average interest rate for all types of loans remains at 2,500%, down from 2,594% last week.

Current mortgage rates over 30 years

The current interest rate for a 30-year fixed-rate mortgage is 3,000%. That’s since last Friday.

Current mortgage rates for 20 years

The current interest rate on a 20-year fixed-rate mortgage is 2.750%. This is the same as last Friday.

Current mortgage rates for 15 years

The current interest rate for a 15-year fixed-rate mortgage is 2,250%. This is the same as last Friday.

Current 10-year mortgage rates

The current interest rate for a 10-year fixed-rate mortgage is 2,000%. This is the same as last Friday.

You can explore your mortgage options in minutes by visiting Credible to compare the current interest rates from various lenders offering both mortgage refinancing and home loans. Look at Credible and get prequalified today and take a look at today’s refinancing rates via the link below.

Prices were last updated on April 12, 2021. These prices are based on the assumptions shown Here. Actual prices may vary.

How mortgage rates have changed

Today mortgage rates are down compared to last week.

  • 30-year fixed-rate mortgage rates: 3,000%, down from 3.125% last week, -0.125
  • 20-year fixed-rate mortgage rates: 2,750%, the same as last week
  • 15-year fixed-rate mortgage rates: 2.250%, down from 2.375% last week, -0.125
  • 10-year fixed-rate mortgage rates: 2,000%, down from 2.125% last week, -0.125

Prices were last updated on April 12, 2021. These prices are based on the assumptions shown Here. Actual prices may vary.

When trying to find the right interest rate on your mortgage or refinancing an existing home, you should use Credible. You can Use Credible’s free online tool to compare multiple lenders and view prequalified rates in minutes.

The forecast for mortgage rates in 2021

Although it is impossible to fully predict future mortgage rates, experts can analyze several key indicators to predict future interest rate trends.

Wondering whether to wait to refinance or buy a home? Take a look at Freddie Mac and Fannie Mae’s researchers’ predictions of what interest rates will be for the rest of the year. Note that the prizes that you actually qualify for are determined by factors such as your creditworthiness and the percentage of your deposit in addition to current prices, so actual prices may vary.

Mortgage Rate Forecast by Freddie Mac

Researchers at Freddie Mac expect mortgage rates to rise slightly over the course of 2021 as the Federal Reserve has pledged to keep rates low for the foreseeable future.

Here are Freddie Mac’s predictions of what 30-year fixed rates will look like for the rest of the year:

  • Q2 (April to June): 2.9%
  • Q3 (July to September): 3.0%
  • Q4 (October to December): 3.0%

Fannie Mae’s Mortgage Forecast

Fannie Mae Researchers expect mortgage rates to rise slightly this year, spearheading a sustained surge in US 10-year Treasury bond yields. Ultimately, however, Fannie Mae experts believe that lenders will “absorb” some of the increased costs as the “refinancing demand gradually fades” – and keep interest rates at relatively stable levels.

Based on that January’s rates, Fannie Mae’s economists predict 30-year fixed rates for the remainder of 2021 will look like:

  • Q2 (April to June): 2.8%
  • Q3 (July to September): 2.9%
  • Q4 (October to December): 2.9%

How to get low mortgage rates

Mortgage and refinance rates are influenced by many economic factors, such as unemployment and inflation. But your personal financial history will too Determine the prices that are offered to you.

If you want to get the lowest monthly mortgage payment possible, here are steps you can take to get a lower interest rate on your home loan:

It is also a good idea to compare the interest rates of different lenders to find the best rate for your financial goals. According to research by Freddie Mac, borrowers can save an average of $ 1,500 over the life of their loan by buying just one additional rate quote – and an average of $ 3,000 by comparing five rate quotes.

Credible can help you compare the current interest rates from multiple mortgage lenders all at once in a few minutes. Would you like to refinance an existing home? Use Credible’s online tools to compare tariffs and get prequalified today.

Mortgage rates by loan type

Whether it’s your first time home buying and buying a 30- or 15-year mortgage, or refinancing an existing home, Credible can help you find the right mortgage for your financial goals.

Before you fill out yours Mortgage application, look at these lending rates, which you can compare to the annual percentage (APR) and interest rate:

Mortgage refinancing:

House purchase:

Do you have a finance-related question but don’t know who to contact? Email the Credible Money Expert at [email protected] and your question could be answered by Credible in our Money Expert column.

A credible mortgage and personal finance authority, Chris Jennings has covered topics such as mortgage loans, mortgage refinancing, and more. He has been an online editor and assistant editor for personal finance for four years. His work has been featured by MSN, AOL, Yahoo Finance, and others.