Introduction
As of June 13, 2025, mortgage rates are showing subtle shifts that could open doors for savvy homebuyers and homeowners looking to refinance. After weeks of minor fluctuations, today's data reveals some encouraging signs, especially if you’re hunting for a competitive rate. For instance, Navy Federal Credit Union is offering a standout 5.25% on their 15-year fixed refinance loan, which is the lowest across the board in today’s snapshot. Meanwhile, Zillow reports jumbo 15-year fixed rates dropping to 6.51%, down nearly four-tenths of a percentage point over the past week — a meaningful move for buyers eyeing higher-priced homes. Even broader economic indicators from the Federal Reserve hint at easing inflation expectations, which often help keep borrowing costs in check. If you’ve been on the fence about locking in your mortgage rate, now might be the time to pay close attention. Here’s what you need to know before making your move: with several credit unions trimming their 30-year fixed refinance rates by up to a quarter point and jumbo loans following suit, there’s real momentum that could translate into significant savings over time.
Refinance - Conventional 15 yrs Fixed
Lender
2025-06-13
(Current Day)
(Current Day)
2025-06-06
(7 Days Ago)
(7 Days Ago)
2025-05-29
(15 Days Ago)
(15 Days Ago)
2025-05-14
(30 Days Ago)
(30 Days Ago)
Affinity Plus Federal Credit Union
6.00%
6.00%
6.00%
Caped Credit Union
5.88%
5.88%
5.88%
5.88%
Chartway Credit Union
6.25%
6.38%
+12.5 bps
6.38%
+12.5 bps
Connexus Credit Union
6.00%
6.13%
+12.5 bps
6.25%
+25 bps
6.25%
+25 bps
Mountain America Credit Union
6.74%
6.74%
6.74%
6.74%
Navy Federal Credit Union
5.25%
5.50%
+25 bps
5.50%
+25 bps
5.50%
+25 bps
Space Coast Credit Union
6.50%
6.50%
Refinance - Conventional 30 yrs Fixed
Lender
2025-06-13
(Current Day)
(Current Day)
2025-06-06
(7 Days Ago)
(7 Days Ago)
2025-05-29
(15 Days Ago)
(15 Days Ago)
2025-05-14
(30 Days Ago)
(30 Days Ago)
Affinity Plus Federal Credit Union
6.63%
6.75%
+12.5 bps
6.63%
Caped Credit Union
6.75%
6.75%
6.75%
6.75%
Chartway Credit Union
7.00%
7.13%
+12.5 bps
7.13%
+12.5 bps
Connexus Credit Union
6.75%
6.88%
+12.5 bps
7.00%
+25 bps
6.88%
+12.5 bps
Mountain America Credit Union
6.49%
6.75%
+26 bps
6.75%
+26 bps
6.75%
+26 bps
Navy Federal Credit Union
5.88%
6.00%
+12.5 bps
6.38%
+50 bps
6.38%
+50 bps
Space Coast Credit Union
7.00%
7.00%
Affinity Plus Federal Credit Union
On June 13, 2025, 15-Year Fixed-Rate Conventional Refinance loans remain steady at 6.00%, showing no change over the past week or month, indicating stable borrowing costs for members seeking shorter-term refinancing. Conversely, the 30-Year Fixed-Rate Conventional Refinance rate decreased by 12.5 basis points to 6.625% compared to last week, while remaining unchanged over 30 days. This yield spread compression lowers long-term borrowing costs, benefiting homeowners prioritizing extended repayment terms. Members considering refinancing should evaluate fixed-rate options for payment predictability and assess whether current rates align with their financial strategy to optimize loan affordability and manage interest expense effectively.
Caped Credit Union
On June 13, 2025, 15-Year Fixed Refinance and 30-Year Fixed Refinance mortgage rates remain stable at 5.875% and 6.75%, respectively, showing no change over the past 7 and 30 days. This steadiness in yield spreads means the cost of borrowing has held firm, providing predictability for members considering refinancing. The 15-Year Fixed Refinance rate continues as the lowest available option, benefiting borrowers seeking accelerated equity build-up with consistent payments. For homeowners evaluating long-term financial strategies, maintaining fixed-rate options can mitigate interest rate volatility risks. Members are advised to assess their refinancing needs against current rates to optimize loan terms and reduce overall interest expense effectively.
Connexus Credit Union
On June 13, 2025, 15-year fixed refinance rates decreased by 12.5 basis points, now at a competitive 6.00%, down from 6.125% last week and 25 basis points lower than 30 days ago. Similarly, the 30-year fixed refinance rate declined by 12.5 basis points to 6.75%, improving yield spreads compared to 7.0% a fortnight ago and reflecting a modest 12.5 basis point reduction over the past month.
These rate movements reduce the cost of borrowing for homeowners seeking to refinance, potentially lowering monthly payments or shortening loan terms. Members prioritizing payment stability may find the 15-year fixed option advantageous due to its lower interest rate and shorter duration, while those aiming for extended amortization can benefit from improved rates on the 30-year fixed.
Given current trends, members should evaluate their mortgage strategy carefully and consider refinancing opportunities that align with their long-term financial goals and risk tolerance.
Mountain America Credit Union
On June 13, 2025, the 30-year fixed mortgage refinance rate decreased by 26 basis points, settling at 6.49%, marking the lowest yield in this update. This decline reduces the cost of borrowing for homeowners seeking long-term stability, potentially lowering monthly payments and total interest over the loan term. Conversely, the 15-year fixed mini mortgage refinance rate remains steady at 6.74%, with no change over the past week, maintaining its current yield spread.
For members prioritizing predictable payments, especially those refinancing existing debt, the improved 30-year fixed rate offers a strategic opportunity to reassess mortgage options. Evaluating fixed-rate products can provide financial clarity amid fluctuating market conditions. Members should consider their individual timelines and risk tolerance when determining if refinancing aligns with their long-term financial goals.
Navy Federal Credit Union
On June 13, 2025, fixed-rate refinance mortgages show notable declines in borrowing costs. The 15-year fixed refinance rate dropped by 25 basis points to 5.25%, now representing the lowest rate available, improving affordability for members seeking shorter-term loans. Similarly, the 30-year fixed refinance rate decreased by 12.5 basis points to 5.875%, marking a 50 basis point decline over the past 30 days and reducing long-term financing expenses.
These shifts may benefit members prioritizing predictable payments and those refinancing to lower monthly obligations or total interest paid. Veterans and first-time buyers should particularly assess fixed-rate options amid these yield improvements.
Given current trends, members are encouraged to evaluate refinancing strategies that capitalize on reduced cost structures while considering loan term preferences aligned with financial goals.
Space Coast Credit Union
On June 13, 2025, Fixed Refinance mortgage rates remain stable, with the 15-Year Fixed Refinance and 30-Year Fixed Refinance both holding at 6.5% and 7.0%, respectively. There is no change compared to one week ago, indicating steady yield spreads and consistent borrowing costs for refinancing borrowers. This stability benefits homeowners assessing their refinancing options without concern for rising interest expenses. The 15-Year Fixed Refinance at 6.5% offers the lowest rate among today’s refinance products, potentially appealing to members prioritizing shorter terms and reduced interest payments over time. Members should consider fixed-rate mortgages to lock in predictable payments amid a steady rate environment and evaluate refinancing strategies to optimize long-term financial outcomes based on current cost structures.
Zillow National Average
As the summer heat sets in, mortgage rates are showing some intriguing shifts that could affect your home buying journey. Today, we see a sharp rise in the 30-Year Fixed Rate Jumbo, climbing by 0.07% from yesterday, while the 15-Year Fixed Rate Jumbo has experienced a welcome gradual cooling, down 0.38% over the past week. For first-time buyers, these small fluctuations can make a big difference—just a quarter-percent increase could add thousands to your total mortgage cost.
If you’re considering refinancing or investing, now might be the moment to lock in those rates before they climb higher again. The real estate market is dynamic, and with the Fed hinting at future rate hikes, don’t miss out on today’s potential savings. Speak with a mortgage advisor to explore your best options and stay informed as conditions evolve—your future home awaits!
Federal Reserve Economic Trends
As of June 13, 2025, mortgage rates are showing subtle shifts, with the Mortgage 30-Year Jumbo Average Rates experiencing the largest 7-day drop of 0.19 points. This decline comes amidst fluctuating inflation expectations, as the Breakeven Inflation Rate for 5 years fell by 0.16 points over the past month.
When inflation expectations decrease, interest rates often follow suit, leading to potentially lower mortgage costs. For instance, a mere 0.25% drop in a 30-year fixed mortgage rate could save buyers approximately $44 monthly on a $300,000 loan, translating to significant savings over time.
With current 30-year average rates at 6.84%, first-time buyers and refinancers should consider acting now to lock in favorable terms. Monitoring both inflation and mortgage trends is essential; consult with a mortgage advisor to navigate these changes effectively.
Stay alert for upcoming Fed decisions that may influence future rates—every basis point matters!
LendMesh
When you picture your dream home, do you imagine a place for family gatherings or a peaceful corner to call your own? Whatever your vision, LendMesh is here to help make it a reality. We believe mortgages should be about more than just numbers; they should support your long-term goals and happiness. That’s why our partners include both well-known banks and credit unions committed to serving their local communities. Our platform is full of honest advice, straightforward comparisons, and step-by-step tools. Whenever you’re ready, head over to our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans and take the next step toward the future you deserve.
Conclusion
Looking ahead, the key takeaway is this: even small dips in mortgage rates can make a big difference when it comes to your monthly payment and total interest paid over the life of your loan. For example, a drop of just a quarter of a percent could shave tens or hundreds off your monthly bill depending on your loan size — money that could go toward home improvements or building savings instead. Whether you’re refinancing through trusted sources like Navy Federal Credit Union with their 5.25% 15-year fixed rate or exploring jumbo options via Zillow’s recent rate decline, staying informed and ready to act is crucial. Keep an eye on inflation trends too; as they ease, lenders may continue offering favorable terms. So take a moment to review your financial goals — if lowering your rate or shortening your loan term fits your plan, now is an excellent time to reach out and explore options. Remember, mortgage rates aren’t just numbers; they shape the foundation of your homeownership journey. With today’s promising shifts, seizing these opportunities could turn into real savings and peace of mind down the road.