Current refi mortgage rates report for April 29, 2025

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Current refi mortgage rates report for April 29, 2025

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Current refi mortgage rates report for April 29, 2025

//travel-leisure.news-articles.net/content/2025/ .. efi-mortgage-rates-report-for-april-29-2025.html

Published in Travel and Leisure on Tuesday, April 29th 2025 at 3:46 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

See Tuesday's report on average refi rates on different types of home loans.

2025-06-03 312 x 156 / 57257 Bytes

On April 29, 2025, mortgage refinance rates have seen a slight increase, with the average 30-year fixed-rate mortgage at 7.00%, up from 6.99% the previous week, and the 15-year fixed-rate at 6.25%, up from 6.24%. Despite these rises, experts suggest that rates may stabilize soon due to moderating inflation and potential Federal Reserve actions. Homeowners considering refinancing should compare rates from multiple lenders, as even small differences can lead to significant savings over the life of the loan. Additionally, those with adjustable-rate mortgages might find it beneficial to switch to a fixed-rate mortgage to lock in the current rates before they potentially rise further.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-refi-mortgage-rates-04-29-2025/ ]