Introduction
July 22, 2025 — If you’ve been watching mortgage rates lately, today brings a breath of fresh air for many homebuyers and veterans ready to make a move. While markets often feel like a rollercoaster, this week’s updates from Credit Unions, Zillow, and the Federal Reserve show some encouraging signs. The lowest purchase rate we spotted comes from Mountain America, offering a 15-year VA fixed-rate at an attractive 5.375%, down by a quarter-point just in the last week. Meanwhile, Jumbo loan seekers can breathe easier with Zillow reporting a 15-year fixed jumbo rate dipping to 6.62%—a notable drop of nearly 14 basis points in seven days. Inflation expectations remain relatively stable according to FRED data, helping keep long-term borrowing costs from surging unpredictably. Here’s what you need to know before locking in a rate: with these subtle but meaningful shifts, there’s a real opportunity to save on monthly payments or shorten your payoff timeline without stretching your budget too thin. Whether you’re buying your first home, upgrading, or refinancing for peace of mind, the timing might be better than it feels.
New Purchase - VA 15 yrs Fixed
Lender
2025-07-22
(Current Day)
(Current Day)
2025-07-15
(7 Days Ago)
(7 Days Ago)
2025-07-07
(15 Days Ago)
(15 Days Ago)
2025-06-22
(30 Days Ago)
(30 Days Ago)
2025-06-07
(45 Days Ago)
(45 Days Ago)
2025-05-23
(60 Days Ago)
(60 Days Ago)
Affinity Plus
5.88%
5.88%
5.88%
6.25%
+37.5 bps
6.25%
+37.5 bps
Connexus
5.75%
5.75%
6.13%
+37.5 bps
6.13%
+37.5 bps
6.13%
+37.5 bps
Educators
5.75%
Goldenwest
6.00%
6.13%
+12.5 bps
6.00%
Mountain America
5.38%
5.63%
+25 bps
5.38%
5.63%
+25 bps
5.50%
+12.5 bps
5.75%
+37.5 bps
Whatcom Educational
5.25%
New Purchase - VA 30 yrs Fixed
Lender
2025-07-22
(Current Day)
(Current Day)
2025-07-15
(7 Days Ago)
(7 Days Ago)
2025-07-07
(15 Days Ago)
(15 Days Ago)
2025-06-22
(30 Days Ago)
(30 Days Ago)
2025-06-07
(45 Days Ago)
(45 Days Ago)
2025-05-23
(60 Days Ago)
(60 Days Ago)
Affinity Plus
6.88%
6.88%
6.88%
7.25%
+37.5 bps
7.13%
+25 bps
Connexus
6.50%
6.50%
7.50%
+100 bps
7.50%
+100 bps
7.50%
+100 bps
Educators
6.25%
Goldenwest
5.99%
6.12%
+13.4 bps
5.88%
-11.5 bps
Mountain America
5.99%
6.00%
+1 bps
5.88%
-11.5 bps
6.00%
+1 bps
6.00%
+1 bps
6.12%
+13.4 bps
Newport News Shipbuilding Employees
5.99%
Nuvision
6.00%
6.00%
6.00%
Pentagon
5.75%
Selco Community
6.13%
Whatcom Educational
6.25%
Affinity Plus
On July 22, 2025, 15-Year VA Fixed-Rate Conventional Purchase Loans remain at a competitive 5.875%, holding steady with no change over the past week. This stability in yield spreads suggests consistent borrowing costs for veterans prioritizing shorter terms and faster equity buildup. Meanwhile, the 30-Year VA Fixed-Rate Conventional Purchase Loans also maintain their rate at 6.875%, unchanged from last week, though still reflecting a modest tightening compared to 30 days ago.
For members evaluating mortgage options, the lack of recent rate volatility supports considering fixed-rate VA loans to lock in predictable payments. Veterans and first-time buyers should assess these rates against their long-term financial goals, as stable fixed yields can mitigate interest risk amid broader market fluctuations. Given unchanged cost structures, now is an opportune time to review mortgage strategies aligned with your borrowing horizon.
Goldenwest
On July 22, 2025, the 30 Year Fixed VA Purchase rate stands at 5.99%, reflecting a notable decrease of 13.4 basis points compared to last week. Similarly, the 15 Year Fixed VA Purchase rate is at 6.00% with a reduction of 12.5 basis points over the same period. These downward shifts in yield spreads lower the overall cost of borrowing for veterans seeking to purchase homes, potentially improving affordability for this segment. First-time buyers and returning veterans might find enhanced opportunities by locking in these competitive fixed rates. Given these recent trends, members should consider fixed-rate VA loans if they prioritize payment stability or evaluate refinancing options to capitalize on decreased borrowing costs and optimize long-term financial outcomes.
Mountain America
As of July 22, 2025, 15-year VA Purchase loans offer the most competitive rate at 5.375%, down by 25 basis points from both one week and one month ago, reducing borrowing costs for veterans seeking shorter-term commitments. The 30-year VA Purchase rate stands at 5.99%, showing a modest decline of 1 basis point over the past week and month, indicating relatively stable yield spreads for longer-term financing. These movements suggest improved affordability for veterans considering new home purchases, particularly those prioritizing lower monthly payments or faster equity building. Members should evaluate fixed-rate VA options to lock in current rates amid slight declines, while first-time buyers may benefit from these government-backed terms to manage interest expense effectively over their loan term.
Nuvision
As of July 22, 2025, the 30-Year VA Purchase mortgage rate remains steady at 6.0% with 1.125 points, showing no change over the past week. This stability in yield spreads indicates a consistent cost of borrowing for veterans seeking homeownership. For members considering VA loans, particularly first-time buyers or those leveraging veteran benefits, this rate environment offers predictability without upward pressure on monthly payments. While longer-term trends are not available for comparison, maintaining rates at this level supports disciplined budgeting and financial planning. Members are encouraged to evaluate fixed-rate VA options if they prioritize payment stability and to assess refinancing strategies when rates shift to optimize long-term affordability.
Zillow National Average
As summer unfolds, the mortgage market reflects a landscape of cautious optimism. Today, the 15-Year Fixed Rate Jumbo has seen a slight uptick to 6.620%, marking a 0.04% rise from yesterday. Over the past week, however, this loan program has experienced a notable decline of 0.14%, suggesting a gradual cooling trend that could benefit savvy buyers.
For first-time homebuyers, even small reductions in rates can mean substantial monthly savings—think of it as gaining a few extra dollars for weekend outings instead of steep interest costs. Meanwhile, long-term investors should remain vigilant; while rates fluctuate, potential rental yields and property appreciation are still within reach.
Given the Fed's hints at future rate hikes, now might be the time to act. Don’t let today’s potential savings slip away! Consult with a mortgage advisor to explore your options and keep an eye on these shifting trends for the best strategies moving forward.
Federal Reserve Economic Trends
In a surprising twist for the housing market, Mortgage 30-Year Jumbo Average Rates plummeted by 7.12 points just today, marking it as the most significant shift among various mortgage types. This drop could mean substantial savings for buyers looking to finance their dream homes. Meanwhile, inflation expectations remain stable, with the 10-Year Breakeven Inflation Rate holding steady at 2.400%.
As inflation trends play a pivotal role in shaping interest rates, even minor fluctuations can significantly impact mortgage costs. For instance, a mere 0.25% increase in rates can add hundreds to your monthly payment over a 30-year loan term—making timing crucial.
With such dramatic changes in jumbo rates, now may be an excellent time for first-time buyers and refinancers to consult with a mortgage advisor about locking in these lower rates.
Stay vigilant; economic conditions are ever-evolving, and future decisions by the Fed could reshape the landscape again soon. Keep an eye out for opportunities! Consider reaching out to your local credit union for personalized advice tailored to your financial goals.
LendMesh
Finding the right home loan can feel overwhelming, especially with so many banks and credit unions out there. That’s why LendMesh exists—to bring you the most competitive mortgage rates, side-by-side comparisons, and practical financial advice, all in one place. Our expert content breaks down complex terms so you can move forward with confidence, and our partnerships with lenders nationwide give you access to unique programs you might not discover elsewhere. When you’re ready to see the latest rates, calculate your affordability, or simply learn more about homeownership, visit our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . LendMesh is where home buying meets smart, user-friendly technology.
Conclusion
Looking ahead, the key takeaway is that even small changes in mortgage rates can ripple through your financial life more than you might expect. A drop of just a quarter-point on a 15-year VA loan could shave hundreds off your monthly payment or save thousands over the life of your mortgage—real money that stays in your pocket for vacations, college funds, or emergency savings. As always, stay informed and don’t rush; rates can shift quickly but tend to move gradually over weeks rather than days. Keep an eye on trusted sources like local Credit Unions offering competitive VA programs and national averages reported by Zillow and FRED for context. If you’re planning to buy or refinance soon, consider locking in a rate while these dips hold steady—especially if you qualify for specialized loans like VA or Jumbo options with historically low points. Your future self will thank you for balancing patience with decisiveness in today’s evolving market landscape.