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

Homebuyers and owners looking to refinance first need to familiarize themselves with today's mortgage interest rates. ferrantraite/ Sometimes, the day of a Federal Reserve meeting could be cause for optimism as borrowers wait for an official rate reduction announcement that could lead to reduced borrowing costs. Other times, however, it can be a cause of concern as an interest rate hike leads to a spike in borrowing expenses. But what about when rates are held steady, with no cuts or increases expected? That's the environment millions of Americans find themselves in today, with the Federal Reserve's April meeting widely expected to result in the Federal funds rate staying frozen for yet another month. This pause could have ramifications across the borrowing space, but especially for homebuyers and owners hoping to refinance. While the Fed is just a single driver directing mortgage interest rates , it remains a critical one. At the same time, mortgage rates briefly improved in April after surging in March. And that improvement could be the motivation these borrowers need to take action now, while the interest rate climate stays stuck in a holding pattern. To better determine the value of a home purchase or refinance right now, it helps to know where mortgage interest rates stand as of April 29, 2026. Start comparing your best mortgage rate offers online today . …