Introduction

As we reach the midpoint of 2025 on June 30th, mortgage rates are showing subtle but promising shifts that could brighten the outlook for homebuyers and refinancers alike. After a stretch of steady climbs, several credit unions have nudged their purchase rates down by about an eighth of a point over the past week — a small yet meaningful move that can shave dollars off your monthly payment. If you’re eyeing a new home or thinking about refinancing, this week’s lowest rate comes from Hawaiistatefcu’s 15-year fixed purchase loan at 5.125%, offering a competitive edge for borrowers prioritizing shorter terms. Meanwhile, Zillow’s jumbo 30-year fixed rate dipped slightly to 6.585%, signaling easing costs even on larger loans. On the economic front, inflation expectations remain stable with slight declines in the Fed’s breakeven inflation rates, providing some calm in the broader financial picture. Here’s what you need to know before locking in a rate: small changes today can mean big savings tomorrow, so let’s explore how these shifts might impact your next move.

New Purchase - Conventional 15 yrs Fixed

Lender
2025-06-30
(Current Day)
2025-06-23
(7 Days Ago)
2025-06-15
(15 Days Ago)
2025-05-31
(30 Days Ago)
2025-05-16
(45 Days Ago)
Citadel
5.38%
5.50%
+12.5 bps
Desert Financial
5.50%
5.63%
+12.5 bps
5.75%
+25 bps
5.88%
+37.5 bps
5.75%
+25 bps
Digital
5.25%
5.38%
+12.5 bps
5.38%
+12.5 bps
5.63%
+37.5 bps
5.50%
+25 bps
Hawaiistatefcu
5.13%
5.25%
+12.5 bps
5.50%
+37.5 bps
5.38%
+25 bps
5.38%
+25 bps
Knoxville Tva Employees
5.38%
5.38%
Navy Federal Credit Union
5.25%
5.38%
+12.5 bps
5.38%
+12.5 bps
5.50%
+25 bps
5.50%
+25 bps
Nuvisionfederal
5.25%
5.38%
+12.5 bps
5.50%
+25 bps
5.63%
+37.5 bps
5.50%
+25 bps
State Department Federal Credit Union
5.50%
5.63%
+12.5 bps
5.75%
+25 bps
6.00%
+50 bps
6.00%
+50 bps
Unify Financial
5.63%
Wings Financial
5.50%
5.63%
+12.5 bps

New Purchase - Conventional 30 yrs Fixed

Lender
2025-06-30
(Current Day)
2025-06-23
(7 Days Ago)
2025-06-15
(15 Days Ago)
2025-05-31
(30 Days Ago)
2025-05-16
(45 Days Ago)
Affinity Plus
6.75%
6.88%
+12.5 bps
6.88%
+12.5 bps
6.88%
+12.5 bps
6.88%
+12.5 bps
Citadel
6.50%
6.63%
+12.5 bps
Desert Financial
6.38%
6.50%
+12.5 bps
6.50%
+12.5 bps
6.75%
+37.5 bps
6.63%
+25 bps
Digital
6.13%
6.25%
+12.5 bps
6.25%
+12.5 bps
6.50%
+37.5 bps
6.25%
+12.5 bps
Hawaiistatefcu
6.25%
6.38%
+12.5 bps
6.50%
+25 bps
6.38%
+12.5 bps
6.38%
+12.5 bps
Knoxville Tva Employees
6.38%
6.38%
Navy Federal Credit Union
6.13%
6.25%
+12.5 bps
6.25%
+12.5 bps
6.38%
+25 bps
6.38%
+25 bps
Nuvisionfederal
6.25%
6.38%
+12.5 bps
6.38%
+12.5 bps
6.63%
+37.5 bps
6.50%
+25 bps
State Department Federal Credit Union
6.25%
6.38%
+12.5 bps
6.25%
6.75%
+50 bps
6.75%
+50 bps
Unify Financial
6.38%
Wings Financial
6.38%
6.50%
+12.5 bps

Affinity Plus

As of June 30, 2025, the 30-Year 97% Purchase Fixed-Rate Conventional mortgage stands at a rate of 6.75%, marking a decrease of 12.5 basis points compared to one week and one month ago. This downward shift in yield spreads slightly lowers the overall cost of borrowing for qualified buyers. First-time purchasers can benefit from this tightening, as reduced rates improve affordability on high LTV loans. While refinancing options are not listed today, members should consider locking in fixed-rate terms if they prioritize payment stability amid market fluctuations. Evaluating current mortgage strategies in light of these modest rate declines may help optimize long-term financial outcomes.

Citadel

On June 30, 2025, 15 Year Fixed Purchase Rates decreased by 12.5 basis points to 5.375%, offering a lower cost of borrowing compared to last week’s 5.5%. Similarly, the 30 Year Fixed Purchase Rate declined by 12.5 basis points to 6.5% from 6.625% seven days ago. These downward shifts in yield spreads improve affordability for homebuyers locking in longer-term financing. First-time buyers may find the 15-year fixed option at 5.375% particularly advantageous for faster equity buildup with stable payments, while borrowers seeking more flexibility might consider the 30-year fixed at 6.5% to reduce monthly obligations despite a higher rate. Given these trends, members should evaluate their mortgage strategies carefully—consider fixed-rate options if prioritizing payment certainty or explore purchase timing to optimize borrowing costs amid fluctuating rates.

Desert Financial

On June 30, 2025, 15 Year Fixed Rate Purchase loans offer the lowest rate at 5.50% with 1.25 points, down 12.5 basis points from last week and 37.5 basis points lower than 30 days ago. The 30 Year Fixed Rate Purchase program stands at 6.375% with 1.125 points, reflecting a similar decline of 12.5 basis points weekly and a 37.5 basis point decrease over the past month. These yield spread reductions imply a modest easing in borrowing costs for members locking in fixed-rate mortgages. First-time buyers may benefit from the lower rates on 15-year terms for faster equity buildup, while those seeking longer-term stability see reduced costs in the 30-year option. Members should evaluate their mortgage strategies accordingly, considering fixed-rate products to manage interest rate risk and assess refinancing potential to optimize long-term financial outcomes.

Digital

As of June 30, 2025, 15 Years Fixed Purchase loans offer the lowest rates at 5.25% with 1.25 points, reflecting a 12.5 basis point decrease over the past week and a 37.5 basis point decline since 30 days ago. Similarly, the 30 Years Fixed Purchase rate stands at 6.125% with 1.375 points, down by 12.5 basis points weekly and 37.5 basis points monthly.
These yield spreads indicate easing borrowing costs, potentially benefiting first-time buyers seeking predictability with fixed terms. Veterans or refinance applicants should monitor trends as stable fixed rates may support strategic locking-in decisions. Given these downward movements, members might consider fixed-rate options to manage long-term payment certainty or evaluate refinancing to capitalize on lower cost structures amid declining yields.

Hawaiistatefcu

On June 30, 2025, 15-year fixed purchase mortgages offer the most competitive rate at 5.125%, down 12.5 basis points from last week and 25 basis points over the past month, reflecting a modest easing in borrowing costs. Meanwhile, the 30-year fixed purchase rate stands at 6.25%, decreasing by 12.5 basis points week-over-week and month-over-month, slightly narrowing yield spreads between shorter and longer terms.
For members prioritizing lower interest expenses and quicker equity build-up—such as first-time homebuyers—the reduced rates on 15-year fixed loans can significantly impact long-term affordability. Conversely, those seeking longer-term stability should note the gradual decline in 30-year fixed rates, which may influence refinancing strategies.
Given these trends, members are advised to evaluate fixed-rate options if stability is a priority or consider refinancing to capitalize on recent declines in borrowing costs, aligning mortgage decisions with individual financial goals and market conditions.

Knoxville Tva Employees

On June 30, 2025, 15-Year Fixed Purchase mortgages remain at a competitive 5.375%, unchanged over the past week, indicating stable borrowing costs for members seeking shorter-term financing. Similarly, the 30-Year Fixed Purchase rate holds steady at 6.375%, with no movement in the last seven days. These static yields suggest minimal volatility in mortgage markets recently, preserving predictable cost structures for both first-time buyers and long-term homeowners. The absence of rate increases reduces pressure on monthly payments but underscores the importance of locking in rates amid current yield spreads. Members should consider fixed-rate options if they value payment stability and evaluate refinancing strategies to optimize their mortgage portfolio given today’s consistent rate environment.

Navy Federal Credit Union

As of June 30, 2025, 15-Year Fixed Purchase mortgage rates have decreased by 12.5 basis points to 5.25%, marking the lowest rate among today's offerings. Similarly, the 30-Year Fixed Purchase rates declined by 12.5 basis points to 6.125%, reflecting a notable easing in borrowing costs over the past week and month. These downward shifts in yield spreads reduce the cost of borrowing for homebuyers, particularly benefiting those seeking long-term financing stability. First-time buyers may find the lower 15-year fixed rates advantageous for accelerated equity building, while buyers prioritizing lower monthly payments might consider the 30-year fixed option. Given these trends, members should evaluate refinancing opportunities or adjust mortgage strategies to capitalize on improved fixed-rate conditions amid current market dynamics.

Nuvisionfederal

On June 30, 2025, 15-Year Conforming Fixed Purchase loans offer the lowest rate at 5.25%, down 12.5 basis points from last week and 37.5 basis points lower than 30 days ago, reducing borrowing costs for buyers seeking shorter-term financing. Meanwhile, the 30-Year Conforming Fixed Purchase loan stands at 6.25%, also decreasing by 12.5 basis points over the past week and 37.5 basis points month-over-month, easing long-term debt service burdens.
These yield improvements benefit first-time homebuyers aiming for predictable payments and homeowners evaluating purchase strategies. The tightening spreads suggest a favorable environment to consider fixed-rate options for stability or assess refinancing opportunities to lock in reduced rates and optimize financial outcomes. Members should analyze their mortgage horizon and cost sensitivity when planning next steps.

State Department Federal Credit Union

On June 30, 2025, Conforming 15 Year Fixed Purchase loans offer the lowest rate at 5.5%, down by 12.5 basis points from last week and 50 basis points over the past month. This decline reduces the overall cost of borrowing for buyers prioritizing shorter-term commitments. Meanwhile, the Super Conforming 30 Year Fixed Purchase loans stand at 6.25%, also decreasing by 12.5 basis points week-over-week and 50 basis points month-over-month, signaling improved yield spreads for longer-term financing.
For members focused on stable payments, these downward shifts can enhance affordability. First-time buyers may find the lower 15-year fixed rates advantageous for accelerated equity building, while those seeking extended terms benefit from the reduced 30-year fixed rates.
Given current trends, members should consider locking in fixed-rate options to manage interest rate risk or evaluate refinancing strategies to capitalize on recent declines and reduce long-term costs.

Wings Financial

As of June 30, 2025, 15-year Fixed-Rate Purchase Loans are available at 5.5%, marking a 12.5 basis point decrease from last week. This decline reduces the cost of borrowing for buyers seeking shorter-term stability. Meanwhile, the 30-year Fixed-Rate Purchase Loan stands at 6.375%, also down by 12.5 basis points over the past seven days, impacting long-term affordability with slightly improved yield spreads.
For members prioritizing predictable payments, the 15-year fixed option offers the lowest rate, benefiting those aiming to minimize interest over time. Conversely, buyers focused on lower monthly obligations may evaluate the 30-year fixed loan despite its higher rate.
Given these trends, members should consider locking in fixed rates to manage exposure to potential future increases and assess refinancing strategies aligned with their financial goals and loan terms.

Zillow National Average

As we step into the second half of the year, mortgage rates are showing a mixed bag of trends that could impact your homebuying journey. Today, the 30-Year Fixed Rate Jumbo has seen a slight uptick of 0.05 basis points, while the 15-Year Fixed Rate Jumbo climbed more significantly over the past week by 0.28 basis points. This sharp rise in shorter-term loans may catch the attention of first-time buyers looking for affordability as they navigate today’s market.
For those considering refinancing or investing, even minor shifts can have major implications. A mere 0.25% increase can translate to tens of thousands added to your long-term costs. If you’re eyeing a purchase, now might be the moment to lock in these favorable rates before any further hikes occur, especially with whispers of future Fed actions in the air.
Don't miss out on today’s potential savings! For personalized guidance tailored to your goals, reach out to a mortgage advisor and explore your options—because being informed is key in this ever-changing landscape. Stay tuned as we monitor these fluctuations; every basis point counts!

Federal Reserve Economic Trends

As we close out June, mortgage rates are experiencing some significant shifts that could impact your home-buying decisions. Notably, the Mortgage 30Yr Average Rates have plummeted by a staggering 6.77 points in just one day, creating a rare opportunity for potential buyers and refinancers alike.
Inflation expectations continue to be a crucial factor in shaping these interest rates. A slight increase in inflation can lead to higher mortgage costs; for instance, a mere 0.25% rise in your rate can translate to an additional $50 monthly payment on a $300,000 loan. With the 30-year Jumbo Average Rates dropping by 7.02 points over the past month, it’s an opportune moment for buyers to consider locking in these favorable rates.
For first-time buyers, this is an ideal window to enter the market, while long-term investors should keep an eye on future economic indicators to strategize their investments. Current homeowners considering refinancing can benefit greatly from today's lower rates.
Stay proactive—monitor both inflation trends and mortgage rates closely, as even small fluctuations can significantly affect your financial commitments. Consult with a mortgage advisor to navigate these changes effectively and explore your options.
With the Federal Reserve’s potential policy shifts on the horizon, now is the time to act. Lock in those low rates before they change!

LendMesh

Homeownership can feel complicated, but with the right support, it becomes an exciting adventure. At LendMesh, we’ve created a one-stop platform for comparing mortgage rates, learning about loan options, and connecting with banks and credit unions that value your future. Our resources are written by real advisors who care about your goals, making it easier to ask questions and get clear, honest answers. No matter where you are in your homebuying journey, you’re welcome to start at our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . LendMesh is here to make home financing smarter, safer, and more personal—every single day.

Conclusion

Looking ahead, remember that even a quarter-point difference in mortgage rates can translate into hundreds of dollars saved each month and thousands over the life of your loan. With several credit unions lowering their 15- and 30-year fixed rates by about 0.125% this week, now is a great time to review your options carefully. Whether you’re buying your first home or refinancing to reduce payments, keeping an eye on trusted sources like Hawaiistatefcu for lower fixed rates or Zillow for jumbo loans can give you an advantage. Also, while inflation remains steady—keeping interest rates relatively stable—the slightest uptick or dip may affect how much you pay overall. So take action thoughtfully: get pre-approved early, compare offers across institutions, and consider shorter-term loans if they fit your budget goals. By staying informed on these subtle market moves and choosing wisely today, you’ll set yourself up for financial peace of mind tomorrow — turning small rate changes into big wins for your wallet and your future.