Introduction
As of July 29, 2025, mortgage rates are showing subtle shifts that could make a difference for anyone thinking about buying or refinancing a home. Whether you’re scanning credit union offers, tracking Zillow’s jumbo loan averages, or keeping an eye on inflation signals from the Federal Reserve, there’s a story unfolding beneath the numbers. If you’ve been waiting for a sign to lock in your rate, here it is: the lowest purchase rate we found today is a 15-year VA fixed at 5.125% from Navy Federal Credit Union, perfect for veterans and military families looking to save on interest. Meanwhile, jumbo loan rates on Zillow ticked up slightly, with the 30-year fixed jumbo edging higher by 6 basis points this week to 6.633%. Inflation expectations are also nudging up a bit, with the 10-year breakeven inflation rate rising to 2.44%, hinting at steady economic pressure ahead. Here’s what you need to know before locking in a rate — small movements now can add up big over time.
New Purchase - VA 15 yrs Fixed
Lender
2025-07-29
(Current Day)
(Current Day)
2025-07-22
(7 Days Ago)
(7 Days Ago)
2025-07-14
(15 Days Ago)
(15 Days Ago)
2025-06-29
(30 Days Ago)
(30 Days Ago)
2025-06-14
(45 Days Ago)
(45 Days Ago)
2025-05-30
(60 Days Ago)
(60 Days Ago)
5.88%
5.88%
5.88%
5.88%
6.25%
+37.5 bps
6.25%
+37.5 bps
5.63%
5.63%
5.38%
5.25%
-12.5 bps
5.25%
-12.5 bps
5.25%
-12.5 bps
6.00%
6.00%
6.00%
5.63%
5.38%
-25 bps
5.50%
-12.5 bps
5.25%
-37.5 bps
5.50%
-12.5 bps
5.75%
+12.5 bps
5.13%
5.13%
5.25%
+12.5 bps
5.25%
+12.5 bps
5.38%
+25 bps
5.13%
5.38%
5.25%
-12.5 bps
New Purchase - VA 30 yrs Fixed
Lender
2025-07-29
(Current Day)
(Current Day)
2025-07-22
(7 Days Ago)
(7 Days Ago)
2025-07-14
(15 Days Ago)
(15 Days Ago)
2025-06-29
(30 Days Ago)
(30 Days Ago)
2025-06-14
(45 Days Ago)
(45 Days Ago)
2025-05-30
(60 Days Ago)
(60 Days Ago)
6.88%
6.88%
6.88%
6.88%
7.25%
+37.5 bps
7.13%
+25 bps
6.13%
6.13%
6.13%
6.00%
-12.5 bps
6.00%
-12.5 bps
6.00%
-12.5 bps
5.99%
5.99%
5.99%
5.99%
6.00%
5.99%
-1 bps
5.99%
-1 bps
5.88%
-12.5 bps
6.12%
+12.4 bps
6.12%
+12.4 bps
6.00%
6.00%
6.00%
6.88%
5.75%
-112.5 bps
5.88%
-100 bps
5.88%
-100 bps
6.00%
-87.5 bps
5.75%
-112.5 bps
5.99%
5.99%
6.25%
6.25%
Affinity Plus
As of July 29, 2025, 15-Year VA Fixed-Rate Purchase loans remain at a stable 5.875%, showing no change over the past week or month. This rate represents the lowest yield spread among today’s VA purchase options, supporting veterans seeking shorter-term financing with predictable costs. Meanwhile, the 30-Year VA Fixed-Rate Purchase loan holds steady at 6.875%, unchanged from both one week and one month ago, maintaining consistent borrowing costs for those prioritizing longer amortization periods.
For members considering home purchases, these flat rate trends indicate a stable cost of borrowing in the VA market segment. Veterans evaluating mortgage strategies should assess fixed-rate options to secure long-term payment certainty amid current market conditions. Given rate stability, it is prudent to evaluate your mortgage strategy carefully, especially when balancing term length against monthly obligations and total interest paid.
Educators
On July 29, 2025, VA 15 Year Fixed Purchase loans remain at a stable 5.625%, matching last week’s yield with no change in basis points. Similarly, the VA 30 Year Fixed Purchase rate holds steady at 6.125% over the same period. These unchanged rates indicate consistent borrowing costs for veterans seeking long-term financing options. The VA 15 Year Fixed, offering the lowest rate, may benefit those prioritizing accelerated equity build-up and reduced total interest expense. For members evaluating their mortgage strategies, these stable yields suggest that locking in current fixed rates could provide predictable payment structures without exposure to market volatility. Veterans and first-time buyers should consider these terms carefully when assessing affordability and long-term financial planning in today’s environment.
Ent
On July 29, 2025, VA 15-Year Fixed Purchase rates increased by 12.5 basis points to 5.375%, representing the lowest yield among today's offerings. Similarly, the VA 30-Year Fixed Purchase rate rose by 12.5 basis points to 6.125% over the past week. These upward shifts in yield spreads signal a modest rise in the cost of borrowing for veterans seeking long-term financing options. First-time VA buyers may experience slightly higher monthly payments, while existing borrowers should assess the impact on refinancing feasibility. Given these movements, members valuing payment stability might consider locking in fixed-rate products promptly, and those exploring refinancing are advised to evaluate current rates against their loan terms carefully to optimize financial outcomes.
Goldenwest
On July 29, 2025, VA 30 Year Fixed Purchase rates remain steady at 5.99% with minimal movement over the past week, indicating stable borrowing costs for veterans seeking long-term financing. The VA 15 Year Fixed Purchase rate also holds firm at 6.00%, showing no change in yield spreads compared to seven days ago. These unchanged rates suggest consistent market conditions, benefiting members prioritizing predictable payments and lower interest expenses over time. Veterans evaluating home purchase options can rely on these fixed-rate programs for cost certainty without recent volatility. Given the current stability, members should consider fixed-rate VA loans if they value payment consistency and evaluate their mortgage strategy in light of steady borrowing costs to optimize long-term financial planning.
Mountain America
On July 29, 2025, 15-year VA Purchase loans rose by 25 basis points, increasing the cost of borrowing to a lowest rate of 5.625%, compared to last week’s 5.375%. The 30-year VA Purchase rate showed a marginal uptick of 1 basis point, now at 6.0%, reflecting relatively stable yield spreads over the past month with a moderate increase of 12.5 basis points.
Veterans considering shorter-term financing face higher monthly payments but benefit from locking in historically low fixed rates amid rising yields. Those opting for 30-year terms experience minimal rate volatility, favoring long-term budget stability.
Members should evaluate refinancing opportunities carefully in light of recent upward shifts in VA loan rates and consider fixed-rate options if prioritizing predictable payments over the life of the loan. Data-driven mortgage planning remains crucial as borrowing costs adjust within tight market ranges.
Nasa
On July 29, 2025, the 30-Year Fixed Rate VA Purchase Loan remains steady at 6.0%, with no change over the past 7 days. This stability indicates unchanged yield spreads and consistent borrowing costs for veterans seeking to purchase homes. For first-time buyers and veteran borrowers, this static rate environment provides predictable monthly payments without upward pressure on financing expenses. While the lack of movement limits short-term refinancing incentives, members should continue to evaluate their mortgage strategy in the context of long-term market trends. Those prioritizing payment certainty may find fixed-rate options advantageous as they avoid interest rate volatility. Maintaining awareness of rate trends supports informed decisions around home purchasing or refinancing timing.
Navy Federal Credit Union
As of July 29, 2025, the VA 15 Year Purchase mortgage maintains the lowest rate at 5.125% with a slight decrease of 12.5 basis points over 30 days, indicating a modest reduction in borrowing costs for veterans seeking shorter-term financing. Conversely, the Military Choice 30 Year Purchase rate has risen sharply by 112.5 basis points compared to last week, now at 6.875%, reflecting increased yield spreads on longer-term VA loans. This notable rise may impact veterans considering extended loan terms, increasing monthly payment obligations and overall financing expenses. Members should carefully assess their mortgage horizon; those prioritizing payment stability might consider fixed-rate options like the VA 15 Year, while others may evaluate refinancing strategies to mitigate rising costs amid fluctuating rates. Data-driven decisions remain essential to optimize long-term financial outcomes in this evolving rate environment.
Newport News Shipbuilding Employees
As of July 29, 2025, the 30-Year VA Loan Purchase rate remains steady at 5.99%, showing no change over the past week. This stability in yield spreads means borrowing costs for veterans and eligible buyers have held firm, providing predictability for long-term home financing decisions. With no recent fluctuations in points or rates, first-time buyers and those utilizing VA benefits can evaluate their mortgage strategies without concerns of rising interest expenses. Given the unchanged rate environment, members should consider fixed-rate options if they prioritize payment consistency and assess current eligibility to optimize loan terms. Staying informed on these steady rates supports prudent financial planning amid evolving market conditions.
Whatcom Educational
As of July 29, 2025, the VA 15-Year Fixed Purchase rate increased by 12.5 basis points, rising to 5.375%, reflecting a modest uptick in borrowing costs for veterans seeking shorter-term stability. The VA 30-Year Fixed Purchase rate remains steady at 6.25%, with no change over the past week, maintaining its current yield spread.
For veterans prioritizing lower monthly payments and long-term planning, the unchanged 30-year fixed VA loan offers predictability amid market fluctuations. Meanwhile, the slight increase in the 15-year VA fixed rate may affect those aiming to minimize interest expense over a shorter term.
Members should assess their financial goals carefully—those valuing payment stability might consider fixed-rate options, while others could explore refinancing opportunities to optimize long-term cost efficiency given recent rate movements.
Zillow National Average
As the summer sun blazes on, mortgage rates are showing signs of a sharp rise, particularly for the 15-Year Fixed Rate Jumbo loans, which ticked up to 6.821% today—a jump of 0.09% in just one day. This uptick contrasts with the more stable 30-Year Fixed Rate Jumbo, which experienced a slight dip to 6.633%. For first-time homebuyers, even small shifts in rates can translate to significant changes in monthly payments, making it crucial to act fast. With every 0.25% increase potentially adding tens of thousands over the life of a loan, now could be an opportune moment to lock in favorable terms.
For refinancers and investors, consider your long-term strategies; while stability might appeal to homeowners, flexibility could benefit those looking at rental yields. As market conditions evolve—with whispers of future Fed rate hikes—don’t miss out on today’s potential savings. Speak with a mortgage advisor to explore your best options and stay informed as this dynamic landscape unfolds!
Federal Reserve Economic Trends
In a surprising turn, today’s economic landscape reveals significant fluctuations in mortgage rates, particularly for the 30-Year Jumbo Average Rates, which plummeted by an astounding 6.93 points in just one day. This rapid decline suggests a response to shifting inflation expectations, with the 10-Year Breakeven Inflation Rate remaining stable at 2.440%, reflecting investor sentiment about future price stability.
As inflation trends influence interest rates, even a minor uptick can dramatically affect monthly payments. For instance, a mere increase of 0.25% on a $300,000 mortgage could lead to over $50 more per month—a detail first-time buyers should be acutely aware of.
With mortgage costs adjusting rapidly, now is the time for potential buyers and investors to consider locking in rates before further shifts occur. Consulting with a mortgage advisor today could save you thousands down the line. As we monitor these changes closely, stay alert for upcoming Federal Reserve decisions that may impact your financial strategy moving forward.
LendMesh
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Conclusion
Looking ahead, it’s clear that even small shifts in mortgage rates—like those modest increases we’re seeing this week—can significantly impact your monthly payments and the total cost of your loan. For buyers and refinancers alike, staying informed and acting decisively is key. If you’re leaning toward a shorter-term loan, snagging that 15-year VA fixed at just over 5% through Navy Federal could save thousands in interest while building equity faster. For others considering jumbo loans or longer terms, keep an eye on those creeping upward trends and don’t hesitate to lock if rates align with your budget and goals. Remember, every basis point counts—think of it like choosing between a cup of coffee every day or saving that same money toward your future homeownership dreams. So take a moment to review your options carefully and consult trusted lenders who understand your unique situation. With smart timing and clear insight, you can turn today’s numbers into tomorrow’s financial peace of mind.