Mortgage and refinance interest rates saw a continued decline on Saturday, April 11, 2026. This downward movement is largely attributed to a newly reached ceasefire agreement in Iran, which has eased geopolitical tensions.

The average rate for a 30-year fixed-rate mortgage dropped to 3.05%, down from 3.07% the previous day. Similarly, the average rate for a 15-year fixed-rate mortgage decreased to 2.42%, a slight dip from 2.43%. Rates for 5/1 adjustable-rate mortgages also experienced a minor decrease, now standing at 2.78%, down from 2.80%.

Experts suggest that the de-escalation of conflict in Iran has reduced market uncertainty, allowing interest rates, including those for home loans, to fall. This trend is beneficial for potential homebuyers and those looking to refinance existing mortgages, potentially lowering monthly payments.

Key Takeaways

• Mortgage rates continued to fall on April 11, 2026.
• A ceasefire agreement in Iran is cited as a primary factor for the decline.
• The 30-year fixed-rate mortgage is now at 3.05%.
• The 15-year fixed-rate mortgage is at 2.42%.
• The 5/1 adjustable-rate mortgage is at 2.78%.

The Federal Reserve's next meeting is scheduled for April 27-28, 2026, where future monetary policy decisions may be influenced by ongoing economic conditions and geopolitical stability.

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