Current refi mortgage rates report for April 24, 2025

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Current refi mortgage rates report for April 24, 2025

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Current refi mortgage rates report for April 24, 2025

^{Published on 2025-05-10 06:06:31 - Fortune}

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

On April 24, 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, rates remain relatively high compared to historical standards, influenced by persistent inflation and economic uncertainty. Homeowners considering refinancing should weigh the potential benefits against the costs, as the decision to refinance depends on individual financial situations and long-term housing plans. Additionally, experts suggest that those with adjustable-rate mortgages might benefit from refinancing to a fixed-rate mortgage to secure current rates and avoid future rate hikes.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-refi-mortgage-rates-04-24-2025/ ]

N@N

Current refi mortgage rates report for April 24, 2025