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Current mortgage rates report for April 24, 2025: Rates keep mostly stable

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See Thursday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.
On April 24, 2025, mortgage rates have seen a slight increase, with the average 30-year fixed-rate mortgage at 6.875%, up from 6.75% the previous week, according to Freddie Mac. The 15-year fixed-rate mortgage also rose to 6.125% from 6.00%. This uptick in rates is attributed to ongoing inflation concerns and the Federal Reserve's cautious approach to monetary policy adjustments. Despite the rise, experts suggest that the housing market remains resilient, with homebuyers adapting to the higher rate environment. Additionally, adjustable-rate mortgages (ARMs) and other loan products continue to offer alternatives for those looking to mitigate the impact of rising rates.

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[ https://fortune.com/article/current-mortgage-rates-04-24-2025/ ]