Today's mortgage and refinance rates: April 4, 2021 | Rates rise If you buy through our links, we may earn money from affiliate partners. Learn more. Since last Sunday, the majority of mortgage and refinance rates have increased. However, mortgage rates on 7/1 ARMs have dropped. In general, rates are still at all-time lows. You might think about a fixed-rate mortgage if you're aiming to get a mortgage or refinance because you'll receive a lower interest rate than you would with an adjustable-rate mortgage. You'll also secure your rate for 15 or 30 years without gambling on a future rate increase with an ARM. Popular Articles