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Mortgage Rates Today: April 29, 2025 – Rates Move Down
- The current average mortgage rate on a 30-year fixed mortgage is 6.77%.
- Today’s average rate on a 30-year, fixed-rate mortgage is 6.77%, which is 1.83% lower than last week.
- The current average interest rate on a 30-year fixed-rate jumbo mortgage is 7.19%.
- Mortgage rates seem unlikely to significantly drop in the near future, but may decline if inflation eases or the economy weakens.
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