Introduction

As of July 9, 2025, the mortgage landscape is showing subtle shifts that could make a real difference for savvy homebuyers and homeowners alike. Whether you’re stepping into the market or thinking about refinancing, today’s rates offer some promising opportunities to lock in favorable terms. Notably, Ent Credit Union’s 15-year FHA fixed rate sits at a competitive 5.25%, giving shorter-term buyers an attractive edge. Meanwhile, for those eyeing longer horizons, American Heritage Credit Union holds steady with a 30-year FHA purchase loan at 5.99%. Zillow’s jumbo loan rates have nudged slightly higher, with the 30-year fixed jumbo climbing by nearly 10 basis points this week to 6.678%, reflecting broader economic influences echoed by rising inflation expectations from the Federal Reserve data. Here’s what you need to know before locking in a rate: small movements can significantly impact your monthly payment and long-term costs, so staying informed helps you seize the right moment.

New Purchase - FHA 15 yrs Fixed

Lender
2025-07-09
(Current Day)
2025-07-02
(7 Days Ago)
2025-06-24
(15 Days Ago)
2025-06-09
(30 Days Ago)
2025-05-25
(45 Days Ago)
2025-05-10
(60 Days Ago)
American Heritage
5.88%
6.00%
+12.5 bps
6.00%
+12.5 bps
Chartway
5.88%
5.88%
6.00%
+12.5 bps
6.00%
+12.5 bps
6.00%
+12.5 bps
6.00%
+12.5 bps
Ent
5.25%
5.25%
5.38%
+12.5 bps
Goldenwest
5.49%
Schoolsfirst
5.63%
5.75%
+12.5 bps
5.75%
+12.5 bps
5.75%
+12.5 bps
5.75%
+12.5 bps
Washington State Employees
5.88%
5.88%

New Purchase - FHA 30 yrs Fixed

Lender
2025-07-09
(Current Day)
2025-07-02
(7 Days Ago)
2025-06-24
(15 Days Ago)
2025-06-09
(30 Days Ago)
2025-05-25
(45 Days Ago)
2025-05-10
(60 Days Ago)
American Heritage
5.99%
5.99%
6.12%
+13.4 bps
Chartway
6.50%
6.00%
-50 bps
6.50%
6.63%
+12.5 bps
6.63%
+12.5 bps
6.50%
Desert Financial
5.99%
5.99%
5.99%
6.13%
+13.5 bps
6.13%
+13.5 bps
6.00%
+1 bps
Ent
6.00%
5.88%
-12.5 bps
6.13%
+12.5 bps
Goldenwest
5.88%
Hapo Community
6.13%
Hughes
5.99%
Nasa
6.25%
Nuvision
6.00%
Schoolsfirst
6.38%
6.38%
6.50%
+12.5 bps
6.50%
+12.5 bps
6.38%
6.38%
Washington State Employees
6.13%
6.13%
6.13%

American Heritage

On July 09, 2025, the 15 Year FHA Purchase rate decreased by 12.5 basis points, settling at a competitive 5.875%, marking a reduced cost of borrowing for members targeting shorter-term government-backed loans. Conversely, the 30 Year FHA Purchase rate remained stable at 5.99%, showing no change over the past week and indicating steady yield spreads for longer-term financing.
First-time buyers may find enhanced affordability in the 15 Year FHA option due to this rate decline, while those considering extended terms maintain predictable costs with the unchanged 30 Year FHA rate. Members should evaluate their mortgage horizon carefully; shorter terms offer savings on interest expense, whereas longer terms provide consistent payment structures.
Given current trends, borrowers valuing stability might prioritize fixed-rate FHA products, and those eligible for these programs should consider refinancing or new purchases aligned with their financial goals to optimize long-term borrowing costs.

Chartway

On July 09, 2025, the 15-year FHA Purchase mortgage remains at a competitive 5.875% with a slight decrease of 12.5 basis points compared to 30 days ago, indicating modest improvement in the cost of borrowing for short-term government-backed loans. Meanwhile, the 30-year FHA Purchase rate rose by 50 basis points week-over-week to 6.5%, reflecting increased yield spreads that may affect long-term affordability for first-time buyers.
Members seeking stable monthly payments might consider the 15-year FHA fixed rate at 5.875%, currently the lowest available option, while those evaluating financing strategies should monitor the recent upward trend in longer-term rates. Given these dynamics, it is prudent to assess your mortgage plan carefully—evaluate refinancing opportunities or fixed-rate options to manage interest costs effectively amid fluctuating market conditions.

Desert Financial

On July 09, 2025, the FHA 30 Year Fixed Purchase mortgage rate remains steady at 5.99%, unchanged from one week ago but down 13.5 basis points compared to 30 days prior. This slight yield spread compression indicates a modest reduction in the cost of borrowing for first-time buyers relying on government-backed financing. Stability in these rates supports predictable monthly payments, particularly valuable for members prioritizing long-term budget planning. Given this environment, members considering home purchases with an FHA loan should evaluate fixed-rate options to lock in current yields. Additionally, those with existing loans may want to assess refinancing strategies to capitalize on lower rates observed over the past month, potentially reducing overall interest expenses.

Ent

On July 09, 2025, FHA 15-Year Fixed Purchase loans maintain the lowest rate at 5.25%, stable over the past week with no change in yield spreads. Conversely, the FHA 30-Year Fixed Purchase rate increased by 12.5 basis points to 6.00%, reflecting a higher cost of borrowing for longer terms. This shift impacts first-time buyers prioritizing lower monthly payments, as the extended term now carries increased financing costs. Members considering shorter-term commitments benefit from steady rates, while those seeking 30-year FHA loans should evaluate how rising yields affect long-term affordability. Given these dynamics, it is prudent to consider fixed-rate options if stability is essential and to assess refinancing opportunities to mitigate elevated rates on longer-term loans.

Schoolsfirst

On July 9, 2025, the 30-Year FHA Purchase mortgage rate remains steady at 6.375%, unchanged from one week ago but down 12.5 basis points compared to 30 days prior. This stabilization in rates suggests a marginally lower cost of borrowing for first-time homebuyers relying on government-backed financing. For members considering home purchases, the current yield spread reflects relative market stability, allowing for clearer budgeting on long-term payments. Given this data, borrowers prioritizing predictable payments may find fixed-rate FHA loans advantageous. Additionally, those who locked rates over a month ago might evaluate refinancing options to capitalize on recent rate improvements and reduce overall interest expenses. Monitoring these trends supports informed mortgage strategies aligned with individual financial goals.

Washington State Employees

As of July 09, 2025, the 30-Year Fixed Rate FHA Purchase loan remains steady at 6.125%, showing no change over the past 7 days and consistent since 15 days ago. This stability in yield spreads implies a steady cost of borrowing for first-time homebuyers utilizing government-backed financing, with no immediate upward pressure on monthly payments or qualification thresholds. Veterans and refinance applicants should note that while no current rate shifts are reported, ongoing market conditions warrant periodic evaluation. Members prioritizing payment predictability may consider locking in fixed rates now, given the absence of recent fluctuations. Monitoring this rate for any future movement is advisable to align mortgage strategy with long-term financial goals.

Zillow National Average

As summer settles in, mortgage rates are displaying a mixed bag of trends, with the 15-Year Fixed Rate Jumbo dropping slightly by 0.06% just yesterday. This minor shift can make a significant impact on first-time buyers eager to find their dream home. For those considering refinancing or investing, the 30-Year Fixed Rate Jumbo has seen a gentle rise of 0.09% over the past week, signaling potential caution for long-term commitments.
Even small fluctuations like these can translate into substantial costs; for instance, a mere 0.25% hike could add tens of thousands to your total mortgage payment over three decades. So, should you lock in now? If you’re looking for stability, it might be wise to secure today’s rates before they climb further. Meanwhile, savvy investors may want to keep an eye on market trends and rental yields.
Stay informed as Zillow’s reliable data reflects ongoing changes—now could be the perfect moment to speak with a mortgage advisor and explore your best options. With whispers of future rate hikes from the Fed, don’t miss out on today’s potential savings!

Federal Reserve Economic Trends

As we dive into today’s economic landscape, mortgage rates are making waves, particularly for 30-year jumbo loans, which have dropped by 0.08 points over the past week. This movement reflects broader trends in inflation expectations, with the 10-year breakeven inflation rate holding steady at 2.350%.
When inflation expectations stabilize, mortgage rates often follow suit or decline slightly. For example, a mere 0.25% increase in your mortgage rate can add hundreds to your monthly payments, making timing crucial for buyers and investors alike.
Over the last month, 30-year average rates have fallen by 6.76 points, signaling potential opportunities for first-time buyers and those considering refinancing. If you’re eyeing a new home or looking to lock in a lower rate, now might be the time to act.
Stay tuned for any shifts from the Fed that could impact these rates further—consult with a mortgage advisor today to make informed decisions!

LendMesh

Have you ever wished someone would just simplify the mortgage process? That’s the inspiration behind LendMesh. Our team of advisors has helped buyers and homeowners from all walks of life, and we know how confusing all those rates, terms, and lender choices can be. That’s why we work with a network of credit unions and banks who share our commitment to clarity and transparency. On LendMesh, you’ll find straightforward tools, easy comparisons, and the kind of personalized support that takes the stress out of home loans. Whether you’re buying, refinancing, or just exploring your options, you’re invited to our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans where your questions are always welcome.

Conclusion

Looking ahead, remember that even modest changes—like the quarter-point drop seen in some 15-year FHA loans—can trim hundreds off your monthly payments or save thousands over the life of your mortgage. If you’re buying soon, consider exploring credit unions like Ent or American Heritage where some of today’s lowest purchase rates live. For homeowners contemplating refinancing, keep an eye on inflation trends and jumbo loan shifts as they often signal what might be coming next in interest rates overall. Above all, don’t rush—use these insights to weigh your options carefully and talk through scenarios with your lender or financial advisor. With patience and a clear plan, you’ll turn today’s market moves into tomorrow’s smart savings, making your home financing journey not just affordable but empowering.