Current refi mortgage rates report for April 30, 2025

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Current refi mortgage rates report for April 30, 2025

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Current refi mortgage rates report for April 30, 2025

//travel-leisure.news-articles.net/content/2025/ .. efi-mortgage-rates-report-for-april-30-2025.html

Published in Travel and Leisure on Wednesday, April 30th 2025 at 4:06 GMT by

Fortune

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

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

On April 30, 2025, mortgage refinance rates showed a slight increase from the previous week, with the average 30-year fixed-rate mortgage at 7.00%, up from 6.98%, and the 15-year fixed-rate at 6.37%, up from 6.35%. Despite the rise, experts suggest that rates might still be favorable for refinancing, especially for those looking to shorten their loan term or switch from an adjustable-rate mortgage. The article also provides a detailed comparison of rates from various lenders, emphasizing the importance of shopping around to secure the best deal. Additionally, it highlights the potential benefits of refinancing, such as lowering monthly payments or tapping into home equity, while cautioning that the decision should be based on individual financial circumstances and long-term goals.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-refi-mortgage-rates-04-30-2025/ ]

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