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- Mortgage Rates 📢 April 13th, 2026
Mortgage Rates 📢 April 13th, 2026
Mortgage Rates Slightly Down⬇️. Tracking Oil vs Rates, we've seen this story before.
Glenn Groves
April 13, 2026
INTEREST RATES
10 Year T-Note 180-day snapshot
Product | Rate / APR | Weekly Change |
|---|---|---|
↔️ Conv. | 6.375% / 6.434% | -.000% |
⬇️ Conv. HB | 6.500% / 6.542% | -.125% |
↔️ JUMBO | 6.250% / 6.301% | -.000% |
⬇️ FHA 3.5% DP | 5.625% / 6.584% | -.125% |
⬇️ VA 0% DP | 5.625% / 5.863% | -.125% |
Rate data as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance. No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org
⏱️ Rates in 60 Seconds
📊 Prices went up, and that affects your buyers. The government tracks how much things cost every month. In March, prices jumped more than expected, mostly because gas and fuel got a lot more expensive. When prices go up like that, mortgage rates tend to stay high or move higher.
🛢️ Why gas prices matter for mortgages. It sounds weird, but they are connected. When gas gets expensive, everything gets more expensive. When everything gets more expensive, the people who set interest rates get nervous and keep borrowing costs high to slow things down.
🏦 The Fed is in a holding pattern. The Federal Reserve is like the referee of the economy. Right now they are not cutting rates, and some of them are even talking about raising rates again if prices do not cool off. That means your buyers should not count on rates dropping soon.
What to watch this week
Several economic reports drop this week that could move rates in either direction. Monday brings Existing Home Sales data.
Tuesday is the PPI, the Producer Price Index, which tracks what businesses pay for goods before they hit store shelves. Think of it as an early warning signal for future inflation.
Thursday brings the latest jobless claims. Any surprise in these numbers can shift mortgage rates quickly.
Realtor Insight: Rates are still elevated, but waiting for a big drop is a gamble. Home prices are projected to climb nearly 5% over the next year. Your buyers are better off locking in a home now than holding out for a rate that may not come.
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