Introduction

June 15, 2025, brings a breath of fresh air for those watching mortgage rates closely. After a stretch of steady climbs, we’re seeing subtle yet encouraging dips across the board—from Credit Union offers to national averages tracked by Zillow and the Federal Reserve’s economic indicators. If you’ve been holding your breath, waiting for just the right moment to lock in a rate, today might be it. The lowest rate on the market right now is a 5.375% 15-year fixed purchase loan at Delta Community Credit Union, perfectly blending affordability and stability. Meanwhile, jumbo loan seekers can take heart as Zillow reports a slight drop in the 30-year fixed jumbo rate to 6.712%. Even inflation expectations are easing gently, which often helps keep borrowing costs in check over time. Here’s what you need to know before locking in a rate—whether you’re buying your first home, refinancing an existing loan, or investing with confidence.

New Purchase - Conventional 15 yrs Fixed

Lender
2025-06-15
(Current Day)
2025-06-08
(7 Days Ago)
2025-05-31
(15 Days Ago)
2025-05-16
(30 Days Ago)
Delta Community Credit Union
5.38%
5.38%
5.38%
5.38%
Digital Federal Credit Union
5.38%
5.50%
+12.5 bps
5.63%
+25 bps
5.50%
+12.5 bps
Langley Federal Credit Union
5.63%
5.63%
5.63%
5.63%
Mountain America Credit Union
7.75%
7.88%
+12.5 bps
7.88%
+12.5 bps
7.88%
+12.5 bps
Myconsumers
5.50%
5.50%
5.50%
Navy Federal Credit Union
5.38%
5.50%
+12.5 bps
5.50%
+12.5 bps
5.50%
+12.5 bps
Nuvisionfederal
5.50%
5.63%
+12.5 bps
5.63%
+12.5 bps
5.50%
San Francisco Federal Credit Union
5.63%
5.75%
+12.5 bps
5.75%
+12.5 bps
5.63%
State Department Federal Credit Union
5.75%
5.88%
+12.5 bps
6.00%
+25 bps
6.00%
+25 bps

New Purchase - Conventional 30 yrs Fixed

Lender
2025-06-15
(Current Day)
2025-06-08
(7 Days Ago)
2025-05-31
(15 Days Ago)
2025-05-16
(30 Days Ago)
Affinity Plus Federal Credit Union
6.88%
7.00%
+12.5 bps
6.88%
6.88%
Delta Community Credit Union
6.25%
6.25%
6.25%
6.25%
Digital Federal Credit Union
6.25%
6.25%
6.50%
+25 bps
6.25%
Langley Federal Credit Union
6.38%
6.38%
6.13%
-25 bps
6.13%
-25 bps
Mountain America Credit Union
8.00%
8.13%
+12.5 bps
8.13%
+12.5 bps
8.13%
+12.5 bps
Myconsumers
6.88%
7.00%
+12.5 bps
6.88%
Navy Federal Credit Union
6.25%
6.38%
+12.5 bps
6.38%
+12.5 bps
6.38%
+12.5 bps
Nuvisionfederal
6.38%
6.50%
+12.5 bps
6.63%
+25 bps
6.50%
+12.5 bps
San Francisco Federal Credit Union
6.63%
6.63%
6.75%
+12.5 bps
6.63%
State Department Federal Credit Union
6.25%
6.38%
+12.5 bps
6.75%
+50 bps
6.75%
+50 bps

Affinity Plus Federal Credit Union

On June 15, 2025, the 30-Year 97% Purchase Fixed-Rate, Conventional mortgage holds steady at a 6.875% rate, marking a 12.5 basis points decrease from one week ago and unchanged over the past 30 days. This marginal decline slightly lowers the cost of borrowing for homebuyers, particularly benefiting first-time purchasers aiming for high loan-to-value ratios. Veterans and those refinancing are not represented in today’s data but can observe market trends for potential future shifts. Members prioritizing payment stability should consider locking in this fixed rate amid minor yield spread fluctuations. Given current trends, evaluating fixed-rate options remains prudent to manage long-term financial commitments effectively while monitoring market movements for optimal timing.

Delta Community Credit Union

As of June 15, 2025, fixed-rate mortgage products for home purchases at Delta Community Credit Union remain stable. The 15-year Fixed Purchase loan holds steady at 5.375%, unchanged over the past 7 and 30 days, representing consistent borrowing costs with no recent yield spread shifts. Similarly, the 30-year Fixed Purchase loan maintains a rate of 6.25%, reflecting no change in cost or market-driven fluctuations.
For members prioritizing predictable payments and long-term financial planning, these fixed rates offer clarity amid market stability. First-time buyers can benefit from the lowest available fixed 15-year rate at 5.375%, while those seeking longer terms face steady costs with the 30-year option.
Given the current rate environment, members should consider fixed-rate options if valuing payment stability and continuously evaluate their mortgage strategy to optimize borrowing costs based on personal financial goals.

Digital Federal Credit Union

On June 15, 2025, the 15 Years Fixed Purchase mortgage rate decreased by 12.5 basis points to 5.375%, reflecting a modest easing in borrowing costs compared to one week and one month ago. This reduction may benefit borrowers seeking shorter-term loans by lowering total interest expenses over the loan term. Meanwhile, the 30 Years Fixed Purchase rate remained steady at 6.25%, indicating stable yield spreads for longer-term financing.
For members prioritizing payment stability and predictability, the lower 15-year fixed rate represents an opportunity to reduce overall interest paid despite slightly higher monthly payments versus 30-year terms. First-time buyers and those aiming for quicker equity buildup should evaluate these trends carefully. Given current market dynamics, consider fixed-rate options if you value long-term cost certainty or reassess refinancing strategies to optimize your mortgage structure amid subtle rate shifts.

Langley Federal Credit Union

As of June 15, 2025, 15-Year Fixed Purchase loans remain stable at a competitive 5.625%, showing no change over the past week or month. This steady rate preserves affordability for borrowers prioritizing lower interest and faster equity building. Conversely, the 30-Year Fixed VA Purchase loan increased by 25 basis points to 6.375% over the last 30 days, reflecting higher yield spreads impacting veteran borrowers’ long-term financing costs. Veterans considering home purchases should weigh this upward trend against loan term benefits. For members valuing payment predictability, the unchanged 15-Year Fixed rate offers cost certainty, while those eligible for VA loans need to evaluate current market conditions carefully. Given these movements, members are advised to assess mortgage strategies aligned with their financial goals and consider refinancing where applicable to optimize borrowing costs.

Mountain America Credit Union

On June 15, 2025, 15-year fixed second mortgage rates for purchase loans decreased by 12.5 basis points, settling at a competitive 7.75%, the lowest among today's offerings. Similarly, the 30-year fixed second mortgage with 15-year balloon saw a parallel decline of 12.5 basis points, now at 8.00%. These reductions in yield spreads marginally lower the cost of borrowing for members considering second mortgages. For borrowers prioritizing shorter terms and stability, the 15-year fixed option presents a more cost-effective solution amid recent market shifts. Meanwhile, those favoring longer amortization with balloon payments should note the adjusted rate environment impacting total interest expense over time. Members are advised to evaluate their mortgage strategies carefully, especially regarding refinancing opportunities and term selection to align with financial goals under current rate trends.

Navy Federal Credit Union

As of June 15, 2025, 15-year fixed purchase mortgages offer the lowest rate at 5.375%, down by 12.5 basis points over the past week and month, indicating a modest easing in borrowing costs for borrowers prioritizing shorter terms. Meanwhile, the 30-year fixed purchase rate stands at 6.25%, also decreased by 12.5 basis points in the last seven and thirty days, reflecting improved yield spreads for longer-term financing. These downward adjustments can benefit first-time buyers and homeowners seeking stable payments with predictable interest expenses. Members evaluating mortgage options should consider these trends carefully: opting for fixed-rate products may provide cost certainty amid shifting market conditions, while those with existing loans might find refinancing advantageous to lower long-term interest obligations given recent rate compressions.

Nuvisionfederal

On June 15, 2025, 15-Year Conforming Fixed Purchase loans offer the lowest rate at 5.5%, down 12.5 basis points from last week and unchanged over the past month. This reduction lowers borrowing costs for buyers seeking shorter-term fixed-rate stability. Meanwhile, the 30-Year Conforming Fixed Purchase rate stands at 6.375%, decreasing by 12.5 basis points both week-over-week and month-over-month, slightly improving affordability for long-term financing.
These shifts reflect modest yield spread tightening, favoring borrowers locking in fixed rates amid recent market fluctuations. For members prioritizing predictable payments or considering new purchases, evaluating fixed-rate options could optimize financial planning. Given these trends, assessing refinancing opportunities may also be prudent to reduce overall interest expenses in a changing rate environment.

San Francisco Federal Credit Union

On June 15, 2025, the Conforming 15 Year Fixed Rate Purchase loan offers the lowest rate at 5.625%, marking a 12.5 basis points decrease from last week and stable compared to 30 days ago. This decline reduces the cost of borrowing, benefiting buyers seeking shorter-term fixed payments and potentially lowering total interest expense. Meanwhile, the Super-Conforming 30 Year Fixed Rate Purchase remains steady at 6.625%, unchanged over both the past week and month, maintaining consistent yield spreads for long-term borrowers.
Members prioritizing payment stability may consider fixed-rate options given current trends. First-time buyers could leverage the improved 15-year terms to build equity faster, while those evaluating refinancing should assess potential savings against their loan horizon and financial goals. Data-driven mortgage strategies remain essential amid evolving rate dynamics.

State Department Federal Credit Union

On June 15, 2025, Conforming 15 Year Fixed Purchase loans offer the lowest rate at 5.75%, down 12.5 basis points from last week and 25 basis points over the past month, reducing the overall cost of borrowing for borrowers prioritizing shorter terms. Meanwhile, the Conforming 30 Year Fixed Purchase rate stands at 6.25%, a decrease of 12.5 basis points week-over-week and a more significant decline of 50 basis points since 30 days ago, improving affordability for buyers seeking longer-term stability.
These declining yields suggest improved yield spreads for fixed-rate mortgages, potentially benefiting first-time homebuyers aiming for predictable payments and those evaluating purchase timing amid lower fixed rates. Members considering refinancing should analyze these trends carefully to optimize long-term interest expenses.
Given current market conditions, evaluating fixed-rate options is prudent for those valuing payment certainty, while continued monitoring of rate movements can inform strategic mortgage decisions.

Zillow National Average

As summer approaches, mortgage rates are experiencing a gradual cooling, providing a refreshing break for prospective homebuyers. Today, the 15-Year Fixed Rate Jumbo remains steady at 6.577%, while the 30-Year Fixed Rate Jumbo also holds firm at 6.712%. Notably, the past week saw a sharp decline of 0.31 basis points for the 15-Year option, offering first-time buyers a glimmer of hope amid fluctuating rates.
For those looking to buy or refinance, even minor shifts can significantly impact long-term costs—think tens of thousands over the life of a loan. First-time buyers should consider locking in these favorable rates now, while seasoned investors might weigh the potential for rental yields against future market conditions.
With Zillow’s real-time data as your guide, don’t hesitate—now may be the time to act! As the Fed hints at potential rate hikes ahead, staying informed is crucial. Speak with a mortgage advisor today to navigate your best options and seize this moment before it slips away!

Federal Reserve Economic Trends

As of June 15, 2025, the economic landscape is shifting, with significant movements in both inflation expectations and mortgage rates that could impact your financial decisions. Notably, the Mortgage 30-Year Jumbo Average Rates dropped by 0.19 points over the past week, a change that could save homebuyers hundreds over the life of a loan.
Currently, inflation expectations remain relatively stable. The Breakeven Inflation Rate for 5 Years has decreased by 0.11 points in the last month, hinting that investors anticipate modest inflation ahead. This trend generally leads to lower interest rates, making it an opportune time for potential buyers or those looking to refinance.
For example, even a slight drop in mortgage rates—say from 6.840% to 6.800%—could reduce monthly payments by approximately $20 on a $300,000 loan, translating to $7,200 less paid in interest over 30 years. Therefore, locking in a favorable rate now can be crucial.
Whether you’re a first-time buyer or a seasoned investor, it's essential to keep an eye on these indicators. Regular monitoring can help you capitalize on market fluctuations and secure the best terms possible. Given the current climate, consider consulting with a mortgage advisor to explore your options.
Stay vigilant for upcoming Fed decisions that may further influence rates and adjust your strategies accordingly. Now might be the right time to act—don’t miss out!

LendMesh

Over the years, we’ve heard from countless homebuyers who wish they’d started with better information. That’s what inspired the team at LendMesh to build a smarter, friendlier mortgage platform. Instead of searching through dozens of bank websites, you can now compare offers from respected credit unions and banks in one trusted place. We’re here to cut through the noise, offering real guidance, educational tools, and answers to the questions you might not even know to ask yet. If you’re curious about the next steps or just want to see today’s rates, check out our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . At LendMesh, your peace of mind comes first.

Conclusion

Looking ahead, even small shifts in mortgage rates can ripple through your financial life like waves on a calm lake. A quarter-point drop might seem modest, but it could save you hundreds each month or thousands over the life of your loan—funds that could go toward home improvements, college savings, or that dream vacation. With today’s rates showing signs of softening—especially with credit unions offering competitive fixed 15-year options around 5.375%—now is a smart time to get serious about locking in your mortgage. Keep an eye on broader economic signals too; easing inflation trends suggest that these favorable conditions might hold longer than expected. Whether you’re stepping into homeownership or refinancing for peace of mind, stay proactive and consult your trusted lender soon to make the most of these opportunities before rates shift again. Remember, timing isn’t everything—but informed timing can make all the difference in your financial journey.