Introduction
On July 16, 2025, the mortgage landscape is offering a blend of stability and subtle shifts that savvy homebuyers and homeowners will want to watch closely. Whether you’re eyeing a new purchase or considering refinancing, today’s data from Credit Unions, Zillow, and the Federal Reserve provides a helpful snapshot. The standout? The lowest rate available right now is a 5.25% FHA 15-year fixed loan at Ent Credit Union, perfect for those looking to pay off their home sooner without breaking the bank on points. Meanwhile, Jumbo loan rates on Zillow show minor movement with the 30-year fixed rate inching down slightly to 6.668%, signaling some easing for higher-balance buyers. Inflation expectations are nudging up a bit, with the 10-year breakeven inflation rate climbing by eight basis points, hinting at potential future impacts on borrowing costs. Here’s what you need to know before locking in a rate: small changes can ripple into big savings or costs over time—so let’s dive into what these numbers mean for your next mortgage move.
New Purchase - FHA 15 yrs Fixed
Lender
2025-07-16
(Current Day)
(Current Day)
2025-07-09
(7 Days Ago)
(7 Days Ago)
2025-07-01
(15 Days Ago)
(15 Days Ago)
2025-06-16
(30 Days Ago)
(30 Days Ago)
2025-06-01
(45 Days Ago)
(45 Days Ago)
2025-05-17
(60 Days Ago)
(60 Days Ago)
American Heritage
5.88%
5.88%
6.00%
+12.5 bps
Broadview
5.75%
5.75%
5.75%
Chartway
5.88%
5.88%
5.88%
6.00%
+12.5 bps
6.00%
+12.5 bps
6.13%
+25 bps
Ent
5.25%
5.25%
5.13%
-12.5 bps
Goldenwest
5.50%
5.38%
-12.5 bps
Grow Financial
6.13%
Mountain America
5.38%
5.25%
-12.5 bps
5.13%
-25 bps
5.25%
-12.5 bps
5.50%
+12.5 bps
5.50%
+12.5 bps
New Purchase - FHA 30 yrs Fixed
Lender
2025-07-16
(Current Day)
(Current Day)
2025-07-09
(7 Days Ago)
(7 Days Ago)
2025-07-01
(15 Days Ago)
(15 Days Ago)
2025-06-16
(30 Days Ago)
(30 Days Ago)
2025-06-01
(45 Days Ago)
(45 Days Ago)
2025-05-17
(60 Days Ago)
(60 Days Ago)
American Heritage
5.99%
5.99%
5.99%
Broadview
6.13%
6.13%
6.00%
-12.5 bps
Chartway
6.13%
6.38%
+25 bps
6.00%
-12.5 bps
6.63%
+50 bps
6.63%
+50 bps
Desert Financial
5.99%
5.99%
5.75%
-24 bps
6.13%
+13.5 bps
6.13%
+13.5 bps
6.13%
+13.5 bps
Ent
6.00%
6.00%
5.88%
-12.5 bps
Goldenwest
6.00%
5.88%
-12.5 bps
Grow Financial
6.38%
Hughes
5.99%
5.99%
Mountain America
5.99%
5.75%
-24 bps
5.75%
-24 bps
5.88%
-11.5 bps
6.00%
+1 bps
6.00%
+1 bps
Nuvision
6.00%
6.00%
Schoolsfirst
6.38%
6.38%
6.38%
6.50%
+12.5 bps
6.38%
6.38%
American Heritage
On July 16, 2025, 15 Year FHA Purchase loans remain at a stable 5.875%, showing no change over the past week. Similarly, the 30 Year FHA Purchase rate holds steady at 5.99% with no movement in the last seven days. This stability in rates means the cost of borrowing for first-time buyers using FHA programs remains consistent, supporting predictable monthly payments and budgeting. With no recent yield spread fluctuations, members considering government-backed purchase loans can assess fixed-rate options without concern for immediate rate volatility. Given the current environment, borrowers should evaluate their mortgage strategy carefully—those prioritizing payment stability may favor the 15 Year FHA option, while longer-term planning could benefit from locking in the 30 Year FHA rate before potential future increases.
Broadview
As of July 16, 2025, FHA Purchase mortgage rates remain steady. The 15-year Fixed FHA loan holds at 5.75%, unchanged over the past week, maintaining the lowest yield among today’s options. Meanwhile, the 30-year Fixed FHA rate stands at 6.125%, also stable week-over-week but up by 12.5 basis points compared to 15 days ago, indicating a modest increase in borrowing costs for longer terms.
For first-time buyers prioritizing affordability and shorter-term repayment, the stable 15-year Fixed FHA rate offers predictable payments without recent yield fluctuations. Those considering longer financing horizons should note the slight uptick in the 30-year FHA fixed rate, which may affect total interest expense over time.
Members are advised to evaluate fixed-rate products if stability aligns with their financial goals and to monitor market trends for refinancing opportunities that could lower long-term costs amid evolving yield spreads.
Chartway
On July 16, 2025, the 15-year FHA Purchase loan holds the lowest rate at 5.875%, unchanged from last week but down 12.5 basis points over the past month, indicating a modest easing in borrowing costs for shorter-term FHA buyers. Meanwhile, the 30-year FHA Purchase rate decreased by 25 basis points week-over-week to 6.125%, reflecting improved yield spreads for longer-term financing despite some recent volatility.
For first-time buyers and those prioritizing lower monthly payments, the stable 15-year FHA fixed rate offers predictable costs with a slight reduction from six weeks ago. Veterans and others considering longer terms may find the recent drop in the 30-year FHA Purchase rate advantageous for managing cash flow.
Members should evaluate their mortgage horizon carefully: consider fixed-rate options if stability is paramount or assess refinancing possibilities to capitalize on tightening spreads and reduce long-term expenses.
Desert Financial
As of July 16, 2025, the FHA 30 Year Fixed Purchase mortgage rate remains steady at 5.99%, unchanged from a week ago and representing a decline of 13.5 basis points over the past 30 days. This narrowing in yield spreads slightly reduces the cost of borrowing compared to one month prior, benefiting first-time homebuyers who rely on government-backed financing. Stability in these rates supports predictable monthly payments, a critical factor for members prioritizing long-term budgeting. Given this environment, members should consider fixed-rate FHA loans if they value payment consistency. Additionally, evaluating current mortgage terms against prevailing rates may reveal opportunities to optimize debt service costs through refinancing strategies aligned with individual financial goals.
Ent
On July 16, 2025, FHA 15-Year Fixed Purchase loans hold steady at 5.25%, unchanged from last week, maintaining a consistent cost of borrowing for borrowers prioritizing shorter terms. Meanwhile, the FHA 30-Year Fixed Purchase rate remains at 6.00%, also stable week-over-week. These static yield spreads suggest minimal volatility in government-backed FHA loan markets recently. For first-time buyers or those seeking longer amortization, the FHA 15-Year Fixed offers the lowest rate option today, favoring accelerated equity buildup with predictable payments. Given this stability, members should consider fixed-rate FHA products to lock in current yields and evaluate refinancing strategies if rates shift upward. Maintaining awareness of these trends supports informed mortgage decisions aligned with individual financial goals.
Goldenwest
On July 16, 2025, FHA Purchase loans exhibited an upward adjustment in rates. The 15 Year Fixed FHA Purchase rate increased by 12.5 basis points, rising to 5.50%, now representing the lowest rate available among today’s options. Similarly, the 30 Year Fixed FHA Purchase rate climbed by 12.5 basis points to 6.00%. These yield spread expansions translate into a higher cost of borrowing for prospective homebuyers utilizing government-backed FHA financing.
First-time buyers relying on FHA products should assess how these incremental rate changes impact monthly payments and overall affordability. With limited product variation today, members prioritizing payment stability may consider locking in fixed-rate terms promptly to mitigate further increases. Evaluating refinancing strategies remains prudent for existing homeowners seeking to optimize long-term financing costs amid evolving market yields.
Hughes
As of July 16, 2025, the 30-year FHA Purchase Loan remains steady at 5.99%, reflecting no change over the past week. This stability in rates means consistent borrowing costs for first-time buyers leveraging government-backed financing, preserving affordability amid fluctuating markets. With no recent movement in yield spreads, cost of borrowing for FHA loans holds firm, offering predictability for members evaluating home purchase options. Veterans and refinancing borrowers are advised to monitor these trends closely, as any future rate shifts could impact monthly payments and long-term financial planning. Given current conditions, members should consider fixed-rate FHA options if prioritizing payment stability and evaluate mortgage strategies regularly to optimize borrowing costs based on evolving market dynamics.
Mountain America
On July 16, 2025, 15-year FHA Purchase loans carry the lowest rate at 5.375%, reflecting a 12.5 basis point increase week-over-week and month-over-month, indicating a modest rise in borrowing costs for shorter-term government-backed financing. Meanwhile, the 30-year FHA Purchase program rose by 24 basis points over seven days to 5.99%, marking a notable uptick in yield spreads that impacts affordability for long-term borrowers. These movements suggest higher debt service expenses, particularly relevant for first-time buyers relying on FHA options. Members should carefully assess whether locking in fixed rates aligns with their financial horizon or if adjusting mortgage strategies could mitigate rising costs. Evaluating refinancing alternatives may be prudent to optimize loan terms amid evolving market conditions.
Nuvision
As of July 16, 2025, the 30-Year FHA Purchase mortgage rate remains steady at 6.0%, showing no change over the past week. This stability in yield spreads means the cost of borrowing for first-time homebuyers relying on government-backed financing has not fluctuated, providing predictability in monthly payments. Veterans and buyers seeking low down-payment options can expect consistent financing costs compared to last week. With no recent rate movement, members should consider fixed-rate loans if they prioritize payment stability. Additionally, evaluating refinancing opportunities remains prudent to optimize long-term expenses amid current market conditions. Maintaining awareness of such rate trends supports informed mortgage strategies tailored to individual financial goals.
Schoolsfirst
As of July 16, 2025, the 30-Year FHA Purchase mortgage rate remains steady at 6.375%, showing no change over the past week and a decline of 12.5 basis points compared to 30 days ago. This stability in yield spreads indicates a consistent cost of borrowing for members utilizing government-backed loans. For first-time homebuyers relying on FHA programs, the unchanged rate provides predictability in financing costs, while the month-over-month decrease may offer marginal savings. Members should consider fixed-rate options like this if they prioritize payment stability. Evaluating current mortgage strategies in light of these rates can help optimize long-term affordability, especially when planning new purchases or refinancing decisions within the FHA framework.
Zillow National Average
As the summer heats up, mortgage rates are showing a mixed bag of trends that could impact your home-buying journey. Today, the 30-Year Fixed Rate Jumbo has experienced a sharp rise of 0.04% from yesterday, indicating potential pressure for those looking to secure long-term financing. Meanwhile, the 15-Year Fixed Rate Jumbo has seen a slight uptick over the past week, with a notable increase of 0.11% in the last month, suggesting a gradual cooling period for borrowers seeking stability.
For first-time buyers, even minor rate fluctuations can make a significant difference in monthly payments—think of how a mere 0.25% increase can add thousands over 30 years! If you're considering refinancing or investing, now might be an ideal moment to lock in favorable rates before any potential hikes loom on the horizon.
With Zillow’s real-time data as your ally, speak with a mortgage advisor today to explore your best options and don’t miss out on today's potential savings. As market conditions evolve, staying informed is crucial—especially with whispers of future Fed rate hikes in the air.
Federal Reserve Economic Trends
As of July 16, 2025, inflation expectations are stirring the waters in the mortgage market, with the Breakeven Inflation Rate for 5 years climbing by 0.10 points over the past week and 0.16 points in the last month. This uptick signals potential future rate hikes, making it crucial for homebuyers and investors to pay attention.
Rising inflation often leads to higher interest rates, which can significantly impact mortgage costs. For instance, even a 0.25% increase in your mortgage rate could translate to hundreds more in total interest over a 30-year loan. Currently, Mortgage 30-Year Average Rates have dropped by a remarkable 6.81 points over the last two months, creating an enticing opportunity for those considering refinancing or purchasing a new home.
For first-time buyers or long-term investors, now may be the time to consult a mortgage advisor about locking in rates before potential hikes materialize. Monitoring trends from reliable sources like FRED is key to making informed decisions.
Stay alert for shifts in economic conditions and Fed actions that could further influence rates—now is not the time to be complacent! If you're looking at mortgages, consider acting soon as favorable terms might not last long.
LendMesh
Sometimes, the spark for a new home comes from an open house sign on a weekend drive or a conversation with a friend about their latest move. At LendMesh, we love seeing those sparks turn into plans and, ultimately, proud homeowners. Our mission is to connect you with top banks and trusted credit unions, so you get the best rates and honest answers, no matter your stage in the process. Whether you’re mapping out your dream neighborhood or just starting to explore mortgage rates, we’re here to help with guidance you can trust. Want to see your options? Visit our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans . LendMesh believes your homebuying adventure should feel exciting—and totally possible.
Conclusion
As we look ahead, it’s clear that even slight fluctuations in mortgage rates—like the recent uptick of 12 basis points on some FHA loans or the modest dips in Jumbo rates—can make a meaningful difference in your monthly payments and total interest paid. For buyers and refinancers alike, this means timing and strategy matter more than ever. If you’re targeting a shorter loan term, locking in an FHA 15-year fixed at around 5.25% through Ent could save thousands over the life of your loan. And if you’re handling larger balances, keep an eye on Jumbo rates hovering near 6.67%—they might just offer you some breathing room compared to last month. Don’t let minor rate moves catch you off guard; consider running the numbers or chatting with your credit union to see how today’s market fits your financial goals. Remember, a smart mortgage decision isn’t just about chasing the lowest number—it’s about finding the right fit that keeps your budget comfortable and your dreams within reach.