See how we rate mortgages to write unbiased product reviews.Mortgage rates for April 30, 2025, are around 6.60%.Investors are watching the economy for signs of slowing, which would likely cause rates to drop further.

Mortgage rates for 30-year loans declined for a fourth day following a turbulent month of ups and downs. Rates fell for many other loan types as well.

Choosing a mortgage can feel daunting, especially for first-time buyers unfamiliar with the process or existing homeowners facing the prospect of higher bills if mortgage rates are higher than when they bought their property.