Introduction

As of July 8, 2025, the mortgage landscape is showing signs of steady opportunity for homebuyers and investors alike. If you’ve been waiting for a moment to lock in a rate that won’t break the bank, today’s update brings some encouraging news. Credit unions are holding firm with some of the lowest VA loan rates available—Ent Credit Union’s 15-year VA fixed-rate at 5.25% stands out as the most competitive offer on the table. Meanwhile, Zillow reports a jump in jumbo loan rates, with their 30-year fixed jumbo climbing by 22 basis points to 6.74%, signaling that it might be wise to act sooner rather than later if you’re eyeing higher loan amounts. On the inflation front, the Federal Reserve’s breakeven inflation rate has nudged slightly higher, hinting that borrowing costs could inch up in the near term. Here’s what you need to know before locking in a rate today—whether you’re buying your first home or refinancing an investment property, timing and lender choice remain key.

New Purchase - VA 15 yrs Fixed

Lender
2025-07-08
(Current Day)
2025-07-01
(7 Days Ago)
2025-06-23
(15 Days Ago)
2025-06-08
(30 Days Ago)
2025-05-24
(45 Days Ago)
2025-05-09
(60 Days Ago)
Affinity Plus
5.88%
5.88%
6.13%
+25 bps
6.25%
+37.5 bps
6.25%
+37.5 bps
6.00%
+12.5 bps
Chartway
6.25%
6.00%
-25 bps
6.25%
6.38%
+12.5 bps
6.38%
+12.5 bps
6.25%
Connexus
5.75%
5.75%
6.13%
+37.5 bps
6.13%
+37.5 bps
6.13%
+37.5 bps
Ent
5.25%
5.13%
-12.5 bps
5.38%
+12.5 bps
Goldenwest
6.00%
Mountain America
5.38%
5.25%
-12.5 bps
5.63%
+25 bps
5.75%
+37.5 bps
5.75%
+37.5 bps
5.25%
-12.5 bps
Navy Federal Credit Union
5.25%
5.25%
5.25%
5.38%
+12.5 bps
5.13%
-12.5 bps
5.13%
-12.5 bps
Washington State Employees
6.13%
6.00%
-12.5 bps
6.38%
+25 bps

New Purchase - VA 30 yrs Fixed

Lender
2025-07-08
(Current Day)
2025-07-01
(7 Days Ago)
2025-06-23
(15 Days Ago)
2025-06-08
(30 Days Ago)
2025-05-24
(45 Days Ago)
2025-05-09
(60 Days Ago)
Affinity Plus
6.88%
6.88%
7.13%
+25 bps
7.25%
+37.5 bps
7.13%
+25 bps
7.00%
+12.5 bps
Chartway
6.38%
6.38%
6.63%
+25 bps
6.63%
+25 bps
6.63%
+25 bps
6.63%
+25 bps
Connexus
6.50%
6.50%
7.50%
+100 bps
7.50%
+100 bps
7.50%
+100 bps
Ent
6.00%
5.88%
-12.5 bps
6.13%
+12.5 bps
Goldenwest
5.88%
Hapo Community
6.13%
Mountain America
5.88%
5.75%
-12.5 bps
6.12%
+24.9 bps
6.12%
+24.9 bps
6.12%
+24.9 bps
5.99%
+11.5 bps
Nasa
6.00%
Navy Federal Credit Union
5.88%
5.88%
5.88%
6.00%
+12.5 bps
5.75%
-12.5 bps
5.63%
-25 bps
Nuvision
6.00%
Washington State Employees
6.13%
6.00%
-12.5 bps
6.13%

Affinity Plus

On July 8, 2025, 15-Year VA Fixed-Rate loans for purchase hold the lowest yield at 5.875%, unchanged over the past week but down 37.5 basis points compared to 30 days ago. Similarly, 30-Year VA Fixed-Rate loans remain steady at 6.875%, reflecting no weekly change and a month-over-month decline of 37.5 basis points. These stable rates indicate consistent cost of borrowing for veterans pursuing home purchases, with meaningful decreases over the last month potentially lowering long-term interest expenses. For members prioritizing predictable payments, the 15-year VA fixed option offers reduced rates and shorter amortization, while the 30-year term provides extended affordability despite a higher rate. Given current trends, veterans should evaluate their mortgage strategy carefully—consider fixed-rate options for stability or assess refinancing opportunities to optimize financial outcomes amid favorable rate shifts.

Chartway

On July 8, 2025, VA Purchase loans show nuanced rate dynamics. The 15-year VA fixed-rate mortgage increased by 25 basis points from last week to 6.25%, marking the lowest rate in today's offerings. This uptick slightly raises the cost of borrowing for veterans seeking shorter-term financing but remains below rates from one month ago, suggesting some easing in yield spreads over the longer term. Conversely, the 30-year VA fixed-rate purchase loan holds steady at 6.375%, unchanged over seven days but down 25 basis points compared to 30 days prior, offering veterans favorable conditions for extended financing.
Members should carefully evaluate their mortgage horizons: those prioritizing payment stability might lean toward the consistent 30-year rate, while others could consider the 15-year option despite recent increases. Given these fluctuations, assessing refinancing strategies or purchase timing based on current yield trends is advisable for cost-effective borrowing decisions.

Connexus

On July 8, 2025, VA purchase mortgage rates remain steady at 5.75% for the 15-year fixed and 6.50% for the 30-year fixed programs, showing no change from one week ago. Compared to 30 days prior, yields have compressed by 37.5 basis points on the 15-year and a significant 100 basis points on the 30-year term, lowering the cost of borrowing for veteran homebuyers. These stable short-term rates combined with notable month-over-month declines may benefit veterans considering new purchases or refinancing. For members prioritizing predictable payments, fixed-rate VA loans offer yield stability amid recent market shifts. Evaluating these trends can inform decisions on locking rates or exploring refinancing to optimize long-term financial outcomes.

Ent

On July 8, 2025, VA 15-Year Fixed Purchase rates increased by 12.5 basis points, rising to 5.25% from last week’s 5.125%. Similarly, the VA 30-Year Fixed Purchase rate climbed by 12.5 basis points to 6.00% compared to 5.875% seven days prior. These upward adjustments indicate a modest widening in yield spreads affecting veterans pursuing homeownership through VA loans. For veteran buyers prioritizing lower monthly payments and long-term stability, the VA 15-Year Fixed at 5.25% remains the lowest available rate today but with a slightly higher cost of borrowing than last week.
Members should assess how these incremental rate increases impact their purchasing power and consider fixed-rate options if they value predictability amid rising rates. Evaluating refinancing strategies may also help mitigate long-term interest expenses as market conditions evolve.

Mountain America

On July 08, 2025, 15-year VA Purchase loans edged higher by 12.5 basis points to 5.375%, reversing a recent downward trend seen over the past month. Similarly, the 30-year VA Purchase rate increased by 12.5 basis points to 5.875%, though it remains below its rate from 30 days ago by nearly 25 basis points. These shifts imply a modest rise in the cost of borrowing for veterans seeking new home financing, with shorter-term fixed options still offering relatively lower yields. Members planning purchases should weigh these movements against their financial timelines; those valuing payment stability might prioritize fixed-rate VA products now, while others could assess potential refinancing benefits if rates decline further. Monitoring yield spreads will be critical to optimizing mortgage strategies in this evolving rate environment.

Navy Federal Credit Union

On July 8, 2025, VA Purchase loans show stable borrowing costs with the 15-Year fixed at 5.25% and the 30-Year fixed at 5.875%, both unchanged over the past week. Compared to 30 days ago, yields narrowed by 12.5 basis points, reflecting a modest decline in cost of borrowing for veterans seeking home purchases. The steady rates suggest limited short-term volatility in VA loan yield spreads, benefiting members prioritizing predictable payments. For first-time buyers or those valuing payment stability, the 15-Year VA fixed rate at 5.25% remains the most competitive option. Members should consider fixed-rate programs if seeking long-term certainty or evaluate refinancing possibilities in response to these moderate declines in mortgage costs to optimize their financing strategy.

Washington State Employees

On July 8, 2025, VA Purchase Loans exhibit a slight uptick in borrowing costs. The 30-Year Fixed Rate VA Purchase stands at 6.125%, up by 12.5 basis points from last week, reflecting a modest increase in yield spreads that could impact long-term affordability for veterans and first-time buyers seeking stability. Similarly, the 15-Year Fixed Rate VA Purchase matches this rate at 6.125%, also rising by 12.5 basis points over seven days, potentially increasing monthly payments but offering quicker equity buildup.
These rate adjustments suggest borrowers should carefully evaluate their mortgage strategy: consider fixed-rate options if you prioritize payment predictability amid rising costs, or assess refinancing possibilities to mitigate long-term expenses. Staying informed on yield movements enables more precise financial planning tailored to individual goals and risk tolerance.

Zillow National Average

As summer heats up, mortgage rates are following suit, with a sharp rise in the 15-Year Fixed Rate Jumbo loan, which jumped by 0.48% in just one day. The current climate shows mixed trends; while the 30-Year Fixed Rate Jumbo remains relatively stable at 6.740%, it still reflects an upward trajectory compared to last month. This could spell out significant implications for first-time homebuyers and refinancers alike—just a small uptick can translate into thousands of dollars over the life of a loan.
For those eyeing their first home, even slight rate changes can impact monthly payments dramatically. Investors should consider whether current rates align with their long-term goals, potentially focusing on rental yields and property appreciation. Now might be the time to strike while rates are still favorable!
With the Fed hinting at future rate hikes, it’s wise to stay informed. Speak with a mortgage advisor today to explore your best options and navigate this evolving landscape.

Federal Reserve Economic Trends

In a surprising twist, Mortgage 30-Year Jumbo Average Rates have plunged by an impressive 6.77 points in just one week, signaling significant shifts in the housing market. As inflation expectations—measured by the Breakeven Inflation Rates—remain relatively stable at around 2.35% for the next decade, interest rates are also adjusting, impacting mortgage costs across the board.
For homebuyers and refinancers, even a small dip in rates can translate into substantial savings. For instance, a 1% decrease on a $300,000 mortgage could save you over $100 a month! With Jumbo loans now more accessible due to these drops, this is an opportune moment for first-time buyers and seasoned investors alike.
Stay vigilant: keep an eye on these inflation trends and consult with a mortgage advisor to determine the right time to lock in your rate. The economic landscape is ever-changing, and understanding how these fluctuations affect your finances can lead to smarter decisions.
As we look ahead, be prepared for potential Federal Reserve adjustments that may influence future rates. Now is the time to act!

LendMesh

A mortgage isn’t just a loan—it’s a stepping stone to a new beginning. At LendMesh, we know every decision matters, from choosing the right lender to locking in a rate that fits your goals. That’s why our platform was built to give you real options, not just the lowest rates but also trusted advice and lender partnerships that value your long-term success. With LendMesh, you can compare offers from leading credit unions and banks side by side, get answers to the questions you didn’t even know to ask, and find support every step of the way. Take control of your homebuying journey by visiting our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans . Let’s make your dream home a reality—together.

Conclusion

Looking ahead, even small shifts in mortgage rates can have a big impact on your monthly payments and total interest over time. For instance, a quarter-point increase might seem minor but can add hundreds to your monthly mortgage bill or thousands over a 15- or 30-year term. That’s why it pays to stay informed and move decisively when you spot favorable rates like Affinity Plus’ steady 15-year VA fixed at 5.875% or Mountain America’s competitive 30-year VA fixed at 5.875%. Whether you’re buying now or planning to refinance later this year, weigh your options carefully and consider locking in while rates remain relatively stable across top credit unions. Remember, securing your dream home or investment at the right rate isn’t just about today—it shapes your financial comfort for decades to come. Stay curious, keep an eye on market trends, and don’t hesitate to reach out for personalized advice tailored to your goals.