Mortgage Rates Almost Perfectly Flat to Start New Week

Despite some initial signs of volatility in financial markets over the weekend, the bond market managed to avoid losing much ground. Because bonds dictate mortgage rate movement, the average lender remained very close to Friday's latest levels.  MND's rate index (a measure of top-tier 30yr fixed rates) rose by 0.01% which is the smallest increment we measure. Since April 14th, the index has held inside a narrow range of 0.03% with the bottom of that range representing the lowest rate in over a month. Volatility is a bigger risk over the next 2 days as the 2 week Iran war ceasefire expires. The market is generally positioned for further de-escalation, but there's more room for improvement if the war officially ends and Hormuz fully reopens. Conversely, if there's unexpected escalation in the next 48 hours, rates could also move back up.

April 20, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.30% +0.01%   5.99% 7.08% 15 Yr. Fixed 5.91% +0.00%   5.55% 6.39% 30 Yr. Jumbo 6.52% +0.00%   6.1% 7.15% Compare Mortgage Rates from Local Lenders for Apr 20, 2026 Mortgage Rates Almost Perfectly Flat to Start New Week Mon, Apr 20, 2026 3:21PM Despite some initial signs of volatility in financial markets over the weekend, the bond market managed to avoid losing much ground. Because bonds dictate mortgage rate movement, the average lender remained very close to Friday's latest levels.  MND's rate index (a measure of top-tier 30yr fixed rates) rose by 0.01% which is the smallest increment we measure. Since April 14th, the index has held inside a narrow range of 0.03% with the bottom of that range representing the lowest rate in over a month. Volatility is a bigger risk over the next 2 days as the 2 week Iran war ceasefire expir... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.30% +0.01 0.00 15 Yr. Fixed 5.91% 0.00 0.00 30 Yr. FHA 5.88% 0.00 0.00 30 Yr. Jumbo 6.52% 0.00 0.00 7/6 SOFR ARM 5.94% +0.03 0.00 30 Yr. VA 5.89% 0.00 0.00 Updates Daily - Last Update: 4/20 Freddie Mac Rate Change Points 30 Yr. Fixed 6.30% -0.07 0.00 15 Yr. Fixed 5.65% -0.09 0.00 Updates Weekly - Last Update: 4/16 Mortgage Bankers Assoc. 30 Yr. Fixed 6.51% -0.06 0.61 15 Yr. Fixed 5.90% +0.01 0.74 30 Yr. Jumbo 6.54% -0.05 0.35 Updates Weekly - Last Update: 4/8 UMBS 30YR 5.0 99.44 -0.07   95.71 100.50 UMBS 30YR 5.5 101.03 -0.06   98.11 101.64 10 YR Treasury 4.251 +0.004   3.948 4.590 Bonds Only Modestly Weaker After New Escalation Over The Weekend Mon, Apr 20, 2026 9:34AM Heading into the weekend, all indications were about as promising as they have been that the war was heading toward a peaceful conclusion. This was reflected in oil prices and Treasury yields being at multi-week lows (and stocks at all-time highs). But over the weekend, the U.S. fired on and seized an Iranian ship, and Iran said it was cancelling plans to re... (read more) MBS Price Change UMBS 4.5 97.40 -0.07 UMBS 5.0 99.44 -0.07 UMBS 5.5 101.03 -0.06 GNMA 4.5 97.48 +0.03 GNMA 5.0 99.82 +0.14 GNMA 5.5 100.91 +0.08 Pricing as of: 4/20 3:46PM EST US Treasury Yield Change 2 YR Treasury 3.716 +0.012 5 YR Treasury 3.850 +0.014 7 YR Treasury 4.038 -0.005 10 YR Treasury 4.251 +0.004 30 YR Treasury 4.882 -0.028 Pricing as of: 4/20 3:46PM EST Other News Best-ex, AI, Servicing, Borrower Acquisition Tools; HELOC, Non-QM, Client Funnel Products; Markets on Hold? Mon, Apr 20, 2026 11:47AM War in the Middle East made oil prices go up, higher oil prices hurt world economies and stock markets because prices and inflation go up, and higher inflation leads to higher interest rates. At least, that’s the way it usually works, as does the opposite. Last week stock markets surged as pivotal geopolitical development reshaped investor sentiment: The ann... (read more) Latest Video President Trump says Vice President Vance leading a delegation that will ar... Watch CNBC's full interview with White House National Economic Council Dire... Fed's Miran: Even before war, underlying inflation getting problematic New York Fed President Williams worries war will slow growth, aggravate inf... Around the Web Eye on Housing Construction Workforce Shifts: Fewer Tradesmen, More White-Collar Jobs Investing Live Trump says ceasefire will end Wednesday, won't open Strait until deal is signed CNBC Treasury yields rise as sentiment sours amid fresh U.S.-Iran tensions Investing Live Warsh to tell Congress he's committed to ensuring monetary policy is strictly independent MBA MBA Statement on Tri-Merge Costs CNBC Iran declares Strait of Hormuz completely open to commercial traffic during Israel-Lebanon ceasefire Eye on Housing Count of Second Homes Declines in 2024 Investing Live Americas market news wrap: Iran says Hormuz is open, oil plunges BLS Producer prices increased 4.0 percent over the year ended March 2026 CNBC Fed Governor Waller says Iran war and labor market risks are keeping central bank on hold CNBC U.S. Treasury yields steady as traders monitor Middle East de-escalation Investing Live Fed's Daly: Businesses cautiously optimistic CNBC CNBC Daily Open: Israel and Lebanon's 10-day ceasefire takes effect

© 2026  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: . Go here to UNSUBSCRIBE from this email.