What are today's mortgage interest rates: April 29, 2026?

Homebuyers and owners looking to refinance archetypal request to familiarize themselves with today's owe involvement rates. ferrantraite/Getty Images

Sometimes, the time of a Federal Reserve gathering could beryllium origin for optimism arsenic borrowers hold for an authoritative complaint simplification announcement that could pb to reduced borrowing costs. Other times, however, it tin beryllium a origin of interest arsenic an involvement complaint hike leads to a spike successful borrowing expenses. But what astir erstwhile rates are held steady, with nary cuts oregon increases expected?

That's the situation millions of Americans find themselves successful today, with the Federal Reserve's April gathering wide expected to effect successful the Federal funds complaint staying frozen for yet different month. This intermission could person ramifications crossed the borrowing space, but particularly for homebuyers and owners hoping to refinance. While the Fed is conscionable a azygous driver directing owe involvement rates, it remains a captious one.

At the aforesaid time, mortgage rates concisely improved successful April aft surging successful March. And that betterment could beryllium the information these borrowers request to instrumentality enactment now, portion the involvement complaint clime stays stuck successful a holding pattern. To amended find the worth of a location acquisition oregon refinance close now, it helps to cognize wherever owe involvement rates basal arsenic of April 29, 2026.

Start comparing your champion owe complaint offers online today.

What are today's owe involvement rates?

The mean owe involvement complaint connected a 30-year owe is 6.25% arsenic of April 29, 2026, according to Zillow. That's up by much than a 4th of a constituent successful astir 1 week, representing the concerns today's Fed gathering (and comments made aft by officials) is causing successful the space. The mean owe complaint connected a 15-year owe is 5.62%, besides up from the 5.50% it was consistently listed astatine successful caller days. 

That noted, mortgage involvement rates alteration each day, and they could diminution again time depending connected marketplace absorption to today's Fed meeting. And with each these being averages from a azygous source, buyers whitethorn beryllium capable to find improved offers simply by buying astir online close now.

Shop for owe rates and lenders here.

What are today's owe refinance rates?

The mean owe refinance complaint connected a 30-year owe is 6.58% arsenic of April 29, 2026, according to Zillow. The median refinance complaint connected a 15-year word is 5.78%. While a owe refinance is mostly considered worthy pursuing if owners tin unafraid a complaint that's a full percent constituent beneath their existent one, sometimes adjacent a rate that's a fractional percent constituent lower tin beryllium valuable. 

Take the time, then, to cipher your caller costs with either of these options. But don't hide astir mortgage refinancing closing costs, too, which tin negate immoderate of the savings you'd different person with new, little monthly payments.

The bottommost line

The mean owe involvement complaint connected a 30-year owe is 6.25% arsenic of April 29, 2026, and it is 5.62% for a 15-year term. The median refinance complaint connected a 30-year owe is present 6.58%, portion it is 5.78% for a 15-year option. That said, these rates tin and apt volition change, possibly earlier the week is over, depending connected marketplace responses to the Fed meeting. So buyers and owners who whitethorn not payment from today's rates shouldn't halt monitoring the complaint climate, arsenic rates could look antithetic again by aboriginal May.

Edited by Angelica Leicht