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Mortgage and refinance interest rates today, April 30, 2025: Rates drop almost 30 basis points this week

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82% Informative

The average 30-year fixed mortgage rate has dropped by 28 basis points to 6.59% over the last week .

Today could be a good time to lock in a mortgage rate.

Use the mortgage calculator below to see how various interest rates and loan amounts will affect your monthly payments.

The national average 30-year mortgage rate is 6.59% right now, according to Zillow .

Mortgage rates will likely inch down by the end of 2025 , but there are a lot of unknowns in the U.S. economy.

Refinancing into a shorter term will also land you a lower rate, though your monthly payments will be higher.

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