Market Rates Today
Last Updated: Tuesday, April 29, 2025

Today's Interest Rates

Stay informed with the latest interest rates and financial indicators to make smarter financial decisions.

Key Interest Rates
Federal Funds Rate
The rate at which banks lend to each other overnight
5.5%
+0.25

Next Fed meeting: June 11-12, 2025

30-Year Fixed Mortgage
6.75%
-0.15
15-Year Fixed Mortgage
6.1%
-0.1
Interest Rate Trends
6-month historical view of key interest rates
Auto Loan
Average 60-month new car loan
7.25%
+0.05
Credit Card
Average APR
20.68%
+0.75
Student Loan
Federal student loan rate
5.5%
No change
HELOC
Home equity line of credit
8.75%
-0.05
Rate Impact
How rates affect borrowing
$300k Mortgage$1,948/mo
$30k Auto Loan$595/mo
$10k Credit Card$172/mo

Historical Perspective

See how today's rates compare to historical averages and recent trends.

Rate Comparison
Current rates compared to historical averages and recent years

Mortgage Payment Calculator

See how interest rates affect your monthly mortgage payment.

Mortgage Payment Calculator
Estimate your monthly mortgage payment based on current interest rates
$300,000
$100,000$1,000,000
$60,000(20%)
0%50%
30 years
6.75%
2.00%10.00%

* This calculator provides estimates only and does not include taxes, insurance, or HOA fees.

Latest Updates

Market News & Analysis

Stay informed with the latest financial news and expert analysis.

Monetary Policy
Positive
Fed Signals Potential Rate Cut in September
April 15, 2025

The Federal Reserve has indicated it may begin easing monetary policy later this year as inflation shows signs of cooling.

Housing Market
Positive
Mortgage Rates Dip Below 7% for First Time in Months
April 14, 2025

30-year fixed mortgage rates have fallen below 7%, potentially providing relief to homebuyers facing affordability challenges.

Consumer Debt
Negative
Credit Card Interest Rates Hit New High
April 13, 2025

Average credit card APRs have reached a record high of 20.68%, putting additional pressure on consumers carrying balances.

Personal Finance
Neutral
High-Yield Savings Accounts: Where to Find the Best Rates
April 12, 2025

Some online banks are offering savings rates above 4.5%, significantly higher than traditional brick-and-mortar institutions.

Auto Industry
Negative
Auto Loan Rates Remain Elevated Despite Market Pressure
April 11, 2025

Car buyers continue to face high financing costs as auto loan rates remain stubbornly high despite other lending rates easing.

Bond Market
Positive
Treasury Yields Fall on Inflation Data
April 10, 2025

The 10-year Treasury yield dropped following new inflation data that came in below economists' expectations.

Upcoming Events

Economic Calendar

Key economic events that could impact interest rates in the coming weeks.

April 20

Consumer Price Index (CPI)

8:30 AM ETApril 20, 2025

Key inflation indicator that measures changes in prices paid by consumers for goods and services

High Impact
April 25

GDP - First Quarter (Advance)

8:30 AM ETApril 25, 2025

First look at economic growth for Q1 2025

High Impact
May 1

FOMC Statement & Fed Funds Rate

2:00 PM ETMay 1, 2025

Federal Reserve interest rate decision and monetary policy statement

High Impact
May 3

Employment Situation

8:30 AM ETMay 3, 2025

Monthly jobs report including non-farm payrolls, unemployment rate, and wage growth

High Impact
May 10

Producer Price Index (PPI)

8:30 AM ETMay 10, 2025

Measures changes in prices received by domestic producers for their output

Medium Impact
May 15

Housing Starts

10:00 AM ETMay 15, 2025

Measures the number of new residential construction projects that have begun

Medium Impact

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