Introduction

Happy Fourth of July! As fireworks light up the sky, mortgage rates are sparking fresh opportunities for homebuyers and refinancers alike. Today’s data shows a mixed but hopeful picture. If you’re eyeing a refinance, Digital Credit Union’s 15-year fixed rate at 5.25% stands out as the lowest on the market right now—offering a smart balance of shorter terms and manageable payments. Meanwhile, Zillow reveals the 30-year jumbo fixed rate nudged up slightly to 6.62%, reflecting subtle shifts in national lending trends. The Federal Reserve’s inflation breakeven rates ticked higher this week, hinting that locking in a low mortgage rate soon could save you from future cost increases. Whether you’re buying your first home, upgrading, or refinancing to catch better terms, here’s what you need to know before locking in a rate today.

Refinance - Conventional 15 yrs Fixed

Lender
2025-07-04
(Current Day)
2025-06-27
(7 Days Ago)
2025-06-19
(15 Days Ago)
2025-06-04
(30 Days Ago)
2025-05-20
(45 Days Ago)
2025-05-05
(60 Days Ago)
Citadel
5.75%
5.63%
-12.5 bps
Digital
5.25%
5.25%
Ent
5.88%
5.75%
-12.5 bps
Knoxville Tva Employees
5.38%
5.38%
Langley
5.63%
5.63%
Mountain America
6.74%
6.74%
6.74%
6.74%
6.74%
6.74%
Navy Federal Credit Union
5.25%
5.25%
5.38%
+12.5 bps
5.38%
+12.5 bps
5.50%
+25 bps
5.13%
-12.5 bps
Onpoint Community
5.63%
5.63%
Randolph Brooks
5.75%
5.88%
+12.5 bps
Schoolsfirst
5.63%
5.63%
Wings Financial
5.63%
5.50%
-12.5 bps

Refinance - Conventional 30 yrs Fixed

Lender
2025-07-04
(Current Day)
2025-06-27
(7 Days Ago)
2025-06-19
(15 Days Ago)
2025-06-04
(30 Days Ago)
2025-05-20
(45 Days Ago)
2025-05-05
(60 Days Ago)
Citadel
6.75%
6.75%
Digital
6.13%
6.13%
Ent
6.63%
6.50%
-12.5 bps
Knoxville Tva Employees
6.38%
6.38%
Langley
6.50%
6.50%
Mountain America
6.49%
6.38%
-11.5 bps
6.62%
+13.4 bps
6.62%
+13.4 bps
6.75%
+26 bps
6.62%
+13.4 bps
Navy Federal Credit Union
6.13%
6.13%
6.25%
+12.5 bps
6.00%
-12.5 bps
6.38%
+25 bps
5.63%
-50 bps
Onpoint Community
7.63%
7.63%
Randolph Brooks
6.75%
6.88%
+12.5 bps
Schoolsfirst
6.50%
6.50%
Wings Financial
6.50%
6.38%
-12.5 bps

Citadel

On July 4, 2025, 15 Year Easy Refinance Rate rose by 12.5 basis points to 5.75%, indicating a modest increase in the cost of borrowing for short-term fixed refinancing. The 30 Year Easy Refinance Rate held steady at 6.75%, with no change over the past week, reflecting stable yield spreads for longer-term fixed loans.
Members considering refinancing should note that the uptick in the 15-year fixed rate may slightly increase monthly payments, impacting overall savings potential. Conversely, the unchanged 30-year rate preserves current cost expectations for those prioritizing payment stability over term length.
Given these movements, borrowers are advised to evaluate their refinancing strategy carefully, weighing the benefits of shorter terms against rising rates or opting for longer terms if seeking consistent payments amid market fluctuations.

Digital

On July 4, 2025, mortgage rates for refinance remain steady with the 15-Year Fixed at 5.25% and the 30-Year Fixed Rate holding at 6.125%, both unchanged from one week ago. The absence of movement in these rates indicates stable yield spreads and borrowing costs for homeowners considering refinancing. For members prioritizing lower interest expenses over shorter terms, the 15-Year Fixed offers the lowest rate available today. Conversely, longer-term borrowers may find the 30-Year Fixed Rate appropriate despite its higher yield, benefiting from predictable payments. Given current stability, members should analyze their mortgage strategies carefully—those seeking payment consistency might consider fixed-rate options, while evaluating refinancing could optimize long-term financial outcomes amid unchanged market conditions.

Ent

On July 4, 2025, 15-Year Fixed-Rate Refinance loans increased by 12.5 basis points to 5.875%, marking the lowest available refinance rate today. Meanwhile, the 30-Year Fixed-Rate Refinance option also rose by 12.5 basis points to 6.625%. These upward movements in yield spreads reflect a modest rise in the cost of borrowing over the past week.
For members considering refinancing, the increase suggests evaluating whether locking in current fixed rates aligns with your financial goals, especially if you prioritize payment stability or plan to hold your loan long-term. First-time buyers and veterans should note that government-backed options are not featured today, focusing attention on fixed conventional products.
Given these trends, members are advised to analyze their mortgage strategy carefully—consider fixed-rate options for predictability and review refinancing potential to manage long-term expenses effectively.

Knoxville Tva Employees

On July 4, 2025, fixed-rate refinance loans in Knoxville-TVA-Employees Credit Union remain steady, with the 15-year fixed refinance rate at 5.375% and the 30-year fixed refinance rate at 6.375%, both unchanged over the past 7 days. The stability in these rates means no additional basis points have been added to the cost of borrowing recently, providing predictable yield spreads for borrowers.
For members considering refinancing, especially those prioritizing shorter terms or stable payments, the 15-year fixed refinance loan at 5.375% represents the most cost-effective option currently available. Meanwhile, the 30-year fixed refinance maintains a higher yield spread but may suit those seeking lower monthly payments despite increased total interest.
Given these stable conditions, members should evaluate refinancing strategies carefully, balancing term length against long-term interest costs to optimize financial outcomes.

Langley

On July 4, 2025, Langley Credit Union reports stable mortgage rates in the refinance market. The 30-year fixed refinance rate remains steady at 6.5%, showing no change over the past week. Similarly, the 15-year fixed refinance rate holds at 5.625%, also unchanged week-over-week. These consistent yields indicate no recent fluctuations in cost of borrowing for members seeking to refinance with fixed terms. For borrowers prioritizing long-term payment stability, the 15-year fixed refinance option at 5.625% offers the lowest yield and potentially reduced interest expense over time. Members considering refinancing should evaluate these rates against their financial goals, balancing term length and monthly obligations to optimize their mortgage strategy amid steady rate conditions.

Mountain America

On July 4, 2025, the 15-year fixed mini mortgage refinance rate remains steady at 6.74%, unchanged over both the past week and month, indicating stable borrowing costs for those seeking shorter-term fixed rates. Conversely, the 30-year fixed refinance rate rose by 11.5 basis points compared to last week, now at 6.49%, though it is down 13.4 basis points from 30 days ago, reflecting recent volatility in long-term yield spreads. Members considering refinancing should note that the longer-term fixed option currently offers the lowest rate but with recent upward pressure, impacting overall cost of borrowing. For borrowers prioritizing predictability, the unchanged 15-year fixed may provide stability, while those evaluating refinancing strategies should weigh these trends against their financial goals and market forecasts to optimize their mortgage terms.

Navy Federal Credit Union

On July 4, 2025, 15-Year Fixed Refinance rates remain steady at 5.25%, unchanged over the past week but down 12.5 basis points compared to 30 days ago, reflecting a modest decline in borrowing costs for short-term refinancers. Conversely, the 30-Year Fixed Refinance rate holds at 6.125%, stable week-over-week but up by 12.5 basis points versus 30 days prior, indicating slightly increased long-term yield spreads.
Members considering refinancing with a shorter term may benefit from lower current rates and reduced interest expense, while those opting for longer terms face marginally higher costs. Evaluating fixed-rate options is advisable for members prioritizing payment predictability amid minor market fluctuations. Data-driven analysis suggests monitoring these trends closely to optimize mortgage strategies aligned with individual financial goals.

Onpoint Community

On July 4, 2025, refinance fixed-rate mortgages remain stable with the 15-year fixed rate at 5.625% (0.5 points) and the 30-year Homeroom fixed rate at 7.625% (0.5 points), showing no change over the past seven days. The absence of rate movement indicates steady yield spreads and borrowing costs for members considering refinancing.
For homeowners prioritizing cost predictability, the 15-year fixed refinance loan at 5.625% offers the lowest rate option, beneficial for those seeking accelerated equity buildup with consistent payments. Meanwhile, longer-term borrowers face higher rates on the 30-year Homeroom refinance, impacting monthly obligations and total interest outlay.
Members should evaluate their mortgage strategies carefully: those valuing payment stability may consider locking in these rates now, while others might assess if refinancing aligns with long-term financial goals amid unchanged market conditions.

Randolph Brooks

On July 4, 2025, refinance rates for fixed-rate mortgages have decreased modestly. The 15-Year Fixed loan now offers a rate of 5.75%, down by 12.5 basis points from last week, representing the lowest yield among today’s options. Similarly, the 30-Year Fixed refinance rate declined by 12.5 basis points, settling at 6.75%. These narrowing yield spreads reduce the overall cost of borrowing for members considering refinancing, potentially lowering monthly payments and total interest expense.
Members focused on long-term stability may find the 15-Year Fixed option financially advantageous due to its lower rate and shorter term, while those seeking extended repayment periods should evaluate the updated 30-Year Fixed terms carefully. Given these rate adjustments, it is prudent to review your current mortgage strategy and assess refinancing possibilities to optimize financial outcomes.

Schoolsfirst

On July 4, 2025, 15-year fixed refinance loans maintain the lowest rate at 5.625% with no change from last week, reflecting stable yield spreads and borrowing costs for short-term fixed options. Meanwhile, the 30-year fixed refinance rate remains steady at 6.5%, also unchanged over seven days, indicating consistent market conditions for long-term refinancing. These unchanged rates suggest minimal volatility, allowing members to assess their mortgage strategies without immediate pressure from rising costs. For those prioritizing payment stability, the 15-year fixed refinance option offers a competitive yield spread. Conversely, borrowers aiming to extend terms might evaluate the 30-year fixed refinance for manageable monthly obligations. Members should analyze current rates against their financial goals and consider refinancing to optimize interest expenses or shorten loan tenure where feasible.

Wings Financial

On July 4, 2025, refinance rates for fixed-rate mortgages have inched higher. The 15-Year Fixed Refinance rate stands at 5.625%, up by 12.5 basis points compared to last week. Similarly, the 30-Year Fixed Refinance rate increased by 12.5 basis points to 6.5%. These yield spread expansions indicate a modest rise in the cost of borrowing for refinancing homeowners.
For members prioritizing shorter-term debt reduction, the 15-Year Fixed Refinance option remains the lowest rate available, offering comparatively reduced interest expenses despite recent upticks. Conversely, those seeking longer amortization face higher financing costs amid tightening fixed-rate yields.
Given these dynamics, members should carefully evaluate their mortgage strategy—consider locking in fixed rates if stability is paramount or assess refinancing viability to manage long-term interest obligations effectively.

Zillow National Average

As we celebrate Independence Day, mortgage rates are showing signs of a gradual cooling, offering potential buyers a refreshing opportunity. Today, the 15-Year Fixed Rate Jumbo has dipped to 6.668%, reflecting the largest one-day drop of 0.10%. This decline is particularly significant for first-time buyers, as even small rate shifts can substantially lower monthly payments and overall loan costs.
For refinancers, today's rates offer a chance to save in the long run—consider that a mere 0.25% rise could add tens of thousands over 30 years! Meanwhile, investors should weigh rental yields against these fluctuating rates.
With the Fed hinting at future rate hikes, now might be the time to act. Don’t miss out on today’s potential savings; speak with a mortgage advisor to explore your best options and lock in favorable rates while you can! Stay informed as market conditions evolve—your financial future depends on it!

Federal Reserve Economic Trends

As we celebrate Independence Day, a noteworthy shift in mortgage rates could impact your financial freedom. Over the past week, Mortgage 30Yr Usda Average Rates surged by 0.14 points, a significant move that may affect homebuyers and investors alike. With the Breakeven Inflation Rate holding steady at 2.330%, inflation expectations are stabilizing, yet the interplay between inflation and interest rates remains crucial for prospective borrowers.
For example, a mere increase of just 0.10% in your mortgage rate can translate to hundreds more in total interest over the life of a 30-year loan. First-time buyers should consider locking in current rates while they're still manageable.
If you’re refinancing or investing, now is the time to act—monitoring these fluctuations can save you thousands down the line. Consulting with a mortgage advisor is essential to navigate this evolving landscape effectively.
Stay vigilant; as economic conditions change, so too will your borrowing opportunities! Keep an eye on upcoming Federal Reserve decisions that could influence future rates. Don’t miss out—consider locking in your mortgage rate today!

LendMesh

If you’ve ever wondered whether you’re getting the best mortgage deal, you’re not alone. So many homebuyers wish they’d had clearer information or a trusted partner by their side. At LendMesh, we fill that gap by working closely with credit unions and community-focused banks to bring you the most competitive offers, transparent advice, and tools you can actually use. Our mission is simple: help you make smarter decisions and save more money, whether you’re buying your first home or refinancing your forever one. Want to see how easy it can be to compare options and learn what’s right for you? Visit our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans your journey to a better mortgage starts right here.

Conclusion

As you consider your next move in this evolving market, remember even small rate changes can ripple through your budget over time—a quarter-point difference could mean hundreds of dollars saved or spent each month. With rates like Digital Credit Union’s 5.25% on the 15-year fixed refinance, now is a great moment to weigh refinancing options if you want to pay down your home faster or reduce interest costs. For buyers weighing jumbo loans, keep an eye on that slight uptick Zillow noted; acting sooner rather than later might help lock in more favorable terms. Stay curious and proactive—consult your credit union or lender about current offerings and don’t hesitate to ask questions. After all, your mortgage is more than a number; it’s the foundation of your financial future and peace of mind. Here’s to making smart moves that feel just right for you!