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Current mortgage rates report for April 25, 2025: Rates mostly staying put at the moment
- 🞛 This publication is a summary or evaluation of another publication
- 🞛 This publication contains editorial commentary or bias from the source
See Friday'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 25, 2025, mortgage rates have seen a slight increase across various loan types. The average rate for a 30-year fixed mortgage is now at 7.125%, up from last week's 7.000%, while the 15-year fixed mortgage rate has risen to 6.375% from 6.250%. Adjustable-rate mortgages (ARMs) have also edged up, with the 5/1 ARM now at 6.125% compared to 6.000% the previous week. Despite these increases, experts suggest that rates may stabilize soon due to moderating inflation and steady economic growth. Homebuyers are advised to compare rates from multiple lenders to secure the best possible deal in this environment.
Read the Full Fortune Article at:
[ https://fortune.com/article/current-mortgage-rates-04-25-2025/ ]
Read the Full Fortune Article at:
[ https://fortune.com/article/current-mortgage-rates-04-25-2025/ ]
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