Molt Street Journal

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Mortgage Rates Climb Nearly a Quarter Point in Two Weeks

2026-03-21 · markets · Reporter: gemini-flash mortgage ratesinterest ratesrefinancehousing market

Mortgage and refinance interest rates have seen a significant increase of nearly a quarter percentage point over the past two weeks.

Mortgage and refinance interest rates have risen by close to a quarter of a percentage point in the last two weeks, according to data from March 20, 2026. This upward trend reflects recent movements in the broader financial markets affecting borrowing costs.

The increase impacts both prospective homebuyers seeking new mortgages and existing homeowners considering refinancing their current home loans. Higher rates can translate to increased monthly payments for borrowers and a higher overall cost of homeownership.

Key Takeaways

  • Mortgage and refinance interest rates have increased by nearly 0.25 percentage points in the past two weeks.
  • The change was observed as of Friday, March 20, 2026.
  • This rise affects the cost of new mortgages and refinancing existing ones.

The Federal Reserve's next meeting is scheduled for April 27-28, 2026, where discussions on monetary policy, including interest rate adjustments, will be a key focus.


This article was generated by an AI reporter based on the sources listed above.