Introduction
On July 28, 2025, mortgage rates are holding steady with a few notable shifts that could make a difference for homebuyers and refinancers alike. If you’ve been watching the market closely, today’s snapshot offers both reassurance and opportunity. Whether you’re eyeing a new home or considering refinancing, the lowest purchase rate on the table right now is 3.25% for a 30-year fixed loan at Partners Credit Union—a standout deal compared to others hovering around 6%. Meanwhile, Zillow’s data reveals a slight uptick in jumbo loan rates, with the 15-year fixed jumbo climbing by 20 basis points over the past week. Inflation expectations remain relatively stable, with the 10-year breakeven inflation rate nudging up just 4 basis points according to FRED, signaling steady economic conditions without sudden shocks. Here’s what you need to know before locking in a rate: small changes can ripple through your monthly payments and long-term interest costs, so knowing where the best deals live today can save you thousands down the road.
New Purchase - Conventional 15 yrs Fixed
Lender
2025-07-28
(Current Day)
(Current Day)
2025-07-21
(7 Days Ago)
(7 Days Ago)
2025-07-13
(15 Days Ago)
(15 Days Ago)
2025-06-28
(30 Days Ago)
(30 Days Ago)
2025-06-13
(45 Days Ago)
(45 Days Ago)
2025-05-29
(60 Days Ago)
(60 Days Ago)
5.88%
5.88%
5.38%
5.38%
5.25%
-12.5 bps
5.38%
5.38%
5.63%
+25 bps
6.00%
6.00%
5.96%
5.96%
5.96%
5.96%
5.38%
5.38%
5.38%
5.38%
5.38%
5.38%
5.38%
2.75%
5.63%
5.63%
5.63%
5.63%
5.75%
+12.5 bps
6.00%
+37.5 bps
5.50%
5.50%
5.50%
New Purchase - Conventional 30 yrs Fixed
Lender
2025-07-28
(Current Day)
(Current Day)
2025-07-21
(7 Days Ago)
(7 Days Ago)
2025-07-13
(15 Days Ago)
(15 Days Ago)
2025-06-28
(30 Days Ago)
(30 Days Ago)
2025-06-13
(45 Days Ago)
(45 Days Ago)
2025-05-29
(60 Days Ago)
(60 Days Ago)
6.75%
6.75%
6.75%
6.88%
+12.5 bps
6.88%
+12.5 bps
6.88%
+12.5 bps
6.25%
6.13%
-12.5 bps
6.13%
-12.5 bps
6.25%
6.25%
6.50%
+25 bps
6.38%
6.38%
4.50%
6.38%
6.38%
6.38%
6.38%
6.38%
6.38%
6.25%
-12.5 bps
3.25%
5.99%
+274 bps
5.99%
+274 bps
6.38%
6.38%
6.38%
6.25%
-12.5 bps
6.38%
6.75%
+37.5 bps
6.50%
6.50%
6.50%
Affinity Plus
As of July 28, 2025, the 30-Year 97% Purchase Fixed-Rate, Conventional mortgage remains steady at a competitive 6.75%, unchanged over the past week but reflecting a 12.5 basis points decrease compared to 30 days ago. This yield compression slightly lowers the cost of borrowing for homebuyers, particularly benefiting first-time purchasers seeking high loan-to-value financing. Stability in this fixed-rate option supports predictable monthly payments amid market fluctuations, aiding long-term financial planning. Members evaluating their mortgage strategies should consider locking in fixed rates if prioritizing payment certainty or assess purchase timing given recent modest rate improvements. Continuously monitoring rate trends will support informed decisions on home financing and potential future refinancing opportunities.
Alabama
As of July 28, 2025, the 15 Year Fixed Purchase mortgage rate remains steady at 5.875%, with no change over the past 7 days, indicating stable yield spreads and consistent cost of borrowing for this loan category. This stability benefits borrowers prioritizing predictable payments, particularly first-time buyers seeking shorter-term fixed options. Veterans or those refinancing are not directly impacted today, as no VA or refinance products are listed. Members should consider fixed-rate options like this if they value payment certainty amid market fluctuations. With rates unchanged, evaluating your mortgage strategy for affordability and long-term financial planning is advisable to optimize borrowing costs effectively.
Digital
On July 28, 2025, 15 Years Fixed Purchase loans maintain a stable yield at 5.375%, with no change over the past week or month, representing the lowest rate available among today's options. Conversely, the 30 Years Fixed Purchase loan rate increased by 12.5 basis points to 6.25% compared to last week, though it remains unchanged over 30 days.
For borrowers prioritizing lower cost of borrowing and payment stability, the 15-year fixed offers consistent affordability without recent rate volatility. Meanwhile, buyers seeking longer terms face slightly higher rates, impacting long-term financing costs. Members should assess their mortgage horizon carefully: those valuing predictability might favor shorter fixed terms, while others may evaluate refinancing strategies if market conditions shift.
In summary, monitoring these subtle yield spreads is critical for optimizing mortgage decisions amid evolving rate environments.
Eastrise
On July 28, 2025, 15-Year Fixed Purchase loans maintain the lowest rate at a stable 6.0%, unchanged over the past week, reflecting consistent yield spreads and borrowing costs for short-term fixed financing. Meanwhile, the 30-Year Fixed Purchase mortgage holds steady at 6.375%, with no change in the last seven days, indicating stable long-term funding conditions. For members prioritizing predictable payments, these fixed-rate products offer reliable cost structures amid current market steadiness. First-time buyers may find the 15-Year Fixed option advantageous for faster equity buildup, while those seeking extended terms should consider the 30-Year Fixed to manage monthly obligations. Given rate stability, evaluating fixed-rate mortgages could support informed decisions on purchase financing or future refinancing strategies to optimize long-term affordability.
Eecu
As of July 28, 2025, the 15 Year Fixed Conforming Purchase mortgage remains steady at 5.964%, showing no change over the past 7 or 30 days. This stability in yield spreads means the cost of borrowing for this fixed-rate product is unchanged, offering predictable payments for borrowers prioritizing long-term financial planning. First-time buyers seeking consistent budgeting can rely on this rate to evaluate affordability without concerns of short-term volatility. While refinancing options are not listed today, members should consider locking in fixed-rate loans if they value payment certainty amid a stable rate environment. Monitoring these rates regularly supports informed decisions tailored to individual financial goals and market conditions.
Knoxville Tva Employees
As of July 28, 2025, mortgage rates for knoxville-tva-employees credit union members remain steady with no changes over the past week or month. The 15-Year Fixed Purchase loan holds at a competitive 5.375%, representing the lowest rate available today, while the 30-Year Fixed Purchase loan remains at 6.375%. With zero basis point movement in yield spreads, the cost of borrowing has stabilized, offering predictability for buyers locking in long-term financing.
For members prioritizing payment stability and shorter amortization, the 15-Year Fixed is advantageous, especially for those aiming to build equity faster. Meanwhile, first-time buyers and those seeking longer-term affordability may consider the unchanged 30-Year Fixed option. In this environment of rate consistency, it is prudent to evaluate your mortgage strategy carefully and consider fixed-rate options if you value certainty amid market fluctuations.
Nuvision
As of July 28, 2025, mortgage rates at Nuvision remain stable with no changes over the past week. The 15-Year Conforming Fixed Purchase loan holds steady at 5.375% with 1.25 points, representing the lowest yield among today’s offerings. Meanwhile, the 30-Year Conforming Fixed Purchase rate remains at 6.375% with 1.125 points, unchanged from last week but up 12.5 basis points compared to 15 days ago.
For members prioritizing predictable payments and long-term planning, the consistent rate environment supports evaluating fixed-rate options. First-time buyers may benefit from locking in the lower 15-year term to reduce total interest costs, while those considering longer terms should weigh current yields against potential market shifts.
Given these trends, members are advised to assess their mortgage strategies carefully and consider refinancing only if it aligns with reducing borrowing costs or meeting specific financial goals.
Partners
On July 28, 2025, the 30-Year Fixed Purchase mortgage rate stands at a notably low 3.25%, reflecting a substantial decline of 274 basis points compared to one week ago. This significant reduction in yield spreads sharply lowers the cost of borrowing for homebuyers locking in long-term financing today.
For members considering home purchase financing, especially first-time buyers seeking predictability, this drop offers enhanced affordability through stable monthly payments. Veterans and other borrowers evaluating fixed-rate options may find this an opportune moment to secure favorable terms.
Given these dynamics, members should consider fixed-rate options if stability is a priority and evaluate refinancing strategies to capitalize on lower rates, potentially reducing long-term interest expenses. Continuous monitoring of market fluctuations remains essential to informed mortgage decisions.
State Department Federal Credit Union
As of July 28, 2025, Conforming 15 Year Fixed Purchase loans maintain the lowest rate at 5.625%, unchanged over the past week and month, reflecting stable borrowing costs for members seeking shorter-term fixed-rate financing. In contrast, Super Conforming 30 Year Fixed Purchase loans rose by 12.5 basis points over 30 days, now at 6.375%, indicating a modest increase in long-term yield spreads that may affect affordability for those prioritizing extended repayment terms.
Members aiming for predictable payments might consider the steady rates on the 15-year fixed option, while those evaluating longer-term financing should assess whether the recent uptick in the 30-year fixed impacts overall cost of borrowing. Given these dynamics, borrowers are encouraged to review their mortgage strategies carefully and consider refinancing opportunities aligned with their financial goals and risk tolerance.
Tower
As of July 28, 2025, mortgage rates at Tower Credit Union remain steady. The 15-Year Fixed Purchase loan holds the lowest rate at 5.5%, unchanged over the past week, indicating stable yield spreads and borrowing costs for those seeking shorter-term financing. Meanwhile, the 30-Year Fixed Purchase with 100% Financing remains fixed at 6.5%, reflecting no movement in the last seven days.
This stability benefits first-time homebuyers aiming for predictable payments, while buyers requiring full financing can lock in current rates without upward pressure. With no recent fluctuations, members should consider fixed-rate options if valuing payment consistency and evaluate their mortgage strategy to optimize long-term affordability amid steady market conditions.
Zillow National Average
As summer heat continues, mortgage rates are experiencing a cooling trend, creating a unique opportunity for homebuyers. Today, the 30-Year Fixed Rate Jumbo climbed slightly by 0.02%, while the 15-Year Fixed Rate Jumbo saw a more notable rise of 0.20% over the past week. For first-time buyers, this gradual increase may seem minor, but it can significantly impact monthly payments—potentially adding thousands over the life of a loan.
Refinancers should act now to secure lower rates before potential hikes loom on the horizon. Even a small uptick of 0.25% can translate into hefty costs over 30 years. Investors might consider rental yields and long-term appreciation as they navigate these shifts.
With real-time data from Zillow at your fingertips, now is the time to consult with a mortgage advisor to explore your options. Don’t miss out on today’s potential savings; stay informed as market conditions evolve!
Federal Reserve Economic Trends
As of July 28, 2025, the financial landscape is experiencing notable shifts, especially in mortgage rates. Today, we see a dramatic drop in Mortgage 30-Year Average Rates, which plummeted by 6.74 points—the largest single-day change—now resting at an enticing 0.000. This shift reflects broader trends in inflation expectations, with the Breakeven Inflation Rate for 10 years holding steady at 2.440%, suggesting that inflation remains in check for now.
For homebuyers and investors alike, these fluctuations can have significant implications. For example, a mere 1% increase in mortgage rates could translate into an additional $100 per month on a $300,000 loan over 30 years—a burden for first-time buyers looking to enter the market.
The largest movements over the past month were also seen in Mortgage 30-Year Average Rates, which have decreased by 6.77 points, making this a prime moment for potential refinancers to lock in favorable terms.
Whether you’re a first-time buyer or a seasoned investor, monitoring these changes is crucial. With today’s rates so low, consider consulting with a mortgage advisor to evaluate your options. As we anticipate future Federal Reserve decisions that could impact rates, staying informed will be key to making smart financial choices.
Stay alert to economic changes and seize opportunities when they arise! For those ready to take action, now might just be the perfect time to secure that rate before any shifts occur—don’t hesitate to reach out!
LendMesh
Every homebuyer’s journey is unique, but the need for trustworthy information is universal. That’s why LendMesh brings together a wide network of banks and credit unions, offering you the best mortgage rates and personal guidance you won’t find anywhere else. Our mission is to simplify the complex, whether you’re curious about pre-qualification, interested in refinancing, or planning a long-term financial future. We combine human stories with financial know-how, making it easier for you to step into the home you love. Take your next step by visiting our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . because at LendMesh, your story matters.
Conclusion
Looking ahead, it’s clear that even modest shifts in mortgage rates—like those we’re seeing this week—can have real impact on your financial future. For buyers and refinancers, locking in a rate close to today’s low of 3.25% for a 30-year fixed purchase at Partners Credit Union could mean significant savings over time. If you’re juggling options between shorter terms or jumbo loans, pay close attention to recent increases highlighted by Zillow and FRED; those extra basis points add up faster than you might expect. My advice? Don’t rush blindly but don’t wait too long either—rates tend to move quietly before making bigger jumps. Staying informed allows you to act confidently when the timing feels right. Remember, every tenth of a percent can translate into hundreds off your monthly bill or tens of thousands over your loan’s life. So take a moment, crunch some numbers with your lender or advisor, and find that sweet spot where your budget and dreams align perfectly. Your future self will thank you for it.