As of today, Sunday, May 4, 2025, mortgage rates are as follows:
- 30-year fixed mortgage rate: approximately 6.70% (Zillow data) to 6.85% APR (Bankrate data)
- 15-year fixed mortgage rate: around 5.95% (Zillow) to 6.05% APR (Bankrate)
- 20-year fixed: about 6.28% (Zillow)
- Adjustable-rate mortgages (5/1 ARM): roughly 6.32% to 6.75%
- VA loans (30-year fixed): near 6.24%
Rates have seen a slight uptick today compared to earlier in the week, where the 30-year fixed rate dipped to about 6.59% but has risen again to near 6.70% or slightly higher according to different sources
. Economists expect mortgage rates to remain above 6% for 30-year fixed loans through the end of 2025, with only minor decreases possible. Given the current high-rate environment, it is recommended to compare offers from multiple lenders to find the most competitive rates and fees
. In summary, expect 30-year fixed mortgage rates today to be around 6.7%, and 15-year fixed rates close to 6%, with some variation depending on the lender and loan type
