Introduction
August 9, 2025 — If you’ve been watching mortgage rates lately, you know they’ve been playing a subtle game of tug-of-war. Today’s numbers show pockets of stability mixed with slight nudges here and there. For those ready to buy or refinance, this could be your moment to make a move before the landscape shifts again. The good news? The lowest purchase rate we spotted comes from Baxter Credit Union’s 5/1 ARM at 5.00% with 1 point, offering a smart option for buyers who want initial savings paired with flexibility. Meanwhile, Zillow’s jumbo loan rates are holding steady around 6.60%, and FRED data reveals a modest decline in average 30-year fixed rates, now hovering near 6.63%. Inflation expectations ticked up just a bit, signaling that lenders are keeping a close eye on the economy. Here’s what you need to know before locking in a rate: whether you’re aiming for an adjustable-rate mortgage or considering a jumbo loan, understanding these subtle shifts can help you time your decision and potentially save thousands over the life of your loan.
New Purchase - Adjustable
Lender
Term
2025-08-09
(Current Day)
(Current Day)
2025-08-02
(7 Days Ago)
(7 Days Ago)
2025-07-25
(15 Days Ago)
(15 Days Ago)
2025-07-10
(30 Days Ago)
(30 Days Ago)
2025-06-25
(45 Days Ago)
(45 Days Ago)
2025-06-10
(60 Days Ago)
(60 Days Ago)
2025-05-11
(90 Days Ago)
(90 Days Ago)
Affinity Plus
5 yrs
7 yrs
5.25%
5.50%
5.25%
5.50%
5.25%
5.50%
5.25%
5.50%
5.38% +12.5 bps
5.63%
5.50% +25 bps
5.75% +12.5 bps
5.38% +12.5 bps
5.63%
Baxter
5 yrs
5.00%
4.88% -12.5 bps
N/A
N/A
N/A
N/A
N/A
Eastrise
30 yrs
5.13%
5.50%
6.25%
5.13%
5.50%
6.25%
5.13%
N/A
N/A
N/A
N/A
Navy Federal Credit Union
0 yrs
5 yrs
30 yrs
5.25%
5.50%
5.25%
5.50%
N/A
5.25%
5.50%
5.38% +12.5 bps
5.63%
5.50%
5.75% +25 bps
5.50%
5.75% +25 bps
Newport News Shipbuilding Employees
10 yrs
15 yrs
20 yrs
30 yrs
5.00%
5.00%
5.25%
5.50%
5.75%
6.00%
5.00%
5.00%
5.25%
5.50%
5.75%
6.00%
N/A
N/A
N/A
N/A
N/A
Nuvision
5 yrs
5.5 yrs
6.5 yrs
30 yrs
5.00%
5.25%
5.50%
5.13% +12.5 bps
5.38% +12.5 bps
5.63% +12.5 bps
5.13%
5.38%
5.63%
5.25%
5.38%
5.75% +12.5 bps
N/A
N/A
N/A
State Department Federal Credit Union
5 yrs
6 yrs
7 yrs
10 yrs
15 yrs
5.75%
5.75%
5.88%
6.00%
5.75%
5.75%
5.88%
6.00%
5.75%
5.75%
5.88%
6.00%
5.63% -12.5 bps
5.75%
5.88% -12.5 bps
5.88%
5.63% -12.5 bps
5.63% -12.5 bps
5.88% -12.5 bps
5.88%
5.88% +12.5 bps
5.88%
6.13% +12.5 bps
7.75% +187.5 bps
6.13%
6.38%
Affinity Plus
On August 9, 2025, the 7/6m ARM Adjustable-Rate Conventional Purchase mortgage holds steady at 5.5%, unchanged over both the past week and month. This stability in the cost of borrowing means no increase in yield spreads, providing predictable short-term financing conditions for borrowers considering adjustable-rate options. First-time buyers can maintain their purchasing power without rate pressure, while homeowners evaluating refinancing should note the consistent rate environment limits immediate savings from switching loans. Given this rate plateau, members prioritizing payment stability might explore fixed-rate alternatives to mitigate future market fluctuations. For those comfortable with periodic adjustments, maintaining or initiating a 7/6m ARM could balance initial affordability with potential rate shifts ahead. Careful evaluation of individual financial goals remains essential when assessing mortgage strategies under stable but moderately elevated rates.
Baxter
On August 09, 2025, the 5/1 Year Adjustable Rate Mortgage (ARM) for purchase loans at Baxter Credit Union increased by 12.5 basis points, rising to a current rate of 5.00% from 4.875% one week ago. This upward movement reflects a modest increase in yield spreads, impacting the overall cost of borrowing for members opting for adjustable-rate products.
For buyers considering this ARM product with 1.0 point, the rate change may slightly elevate initial monthly payments after the fixed period, influencing budgeting strategies—particularly for first-time buyers weighing short-term affordability against potential rate adjustments. Veterans and refinancing candidates should closely monitor such fluctuations as they evaluate long-term cost implications versus fixed-rate alternatives.
Given the recent increase, members are advised to evaluate refinancing options or consider fixed-rate mortgages if they prioritize payment stability amid changing market conditions. A data-driven approach remains essential in aligning mortgage choices with individual financial goals and risk tolerance.
Eastrise
On August 9, 2025, the 7-year adjustable rate mortgage (ARM) for purchase loans remains steady at 6.25%, showing no change over the past week. This stability in yield spreads means the cost of borrowing has held firm, providing predictability for borrowers considering adjustable-rate options. While the rate is elevated compared to 15 days ago (up 1.125 percentage points), its current level reflects market adjustments that impact monthly payments for buyers planning longer-term homeownership with interest rate variability.
For members weighing their financing strategies, especially first-time buyers evaluating affordability against potential future rate shifts, maintaining awareness of these fixed points is crucial. Veterans or those pursuing refinancing should monitor for opportunities to lock in rates as market dynamics evolve.
In conclusion, given the present 6.25% rate and unchanged weekly movement, members should evaluate refinancing options to manage long-term costs and consider fixed-rate loans if interest rate stability is a priority amid market fluctuations.
Navy Federal Credit Union
As of August 09, 2025, the 5/5 Conforming Adjustable-Rate Mortgage (ARM) for purchase loans remains steady at 5.5%, reflecting no change over the past week and consistent yield spreads for new borrowers. This stability in the cost of borrowing benefits members seeking initial home financing without increased rate risk. First-time buyers can anticipate predictable initial payments, while veterans or refinancing applicants may find limited movement to affect timing strategies. With no recent volatility, members should evaluate their mortgage strategy by considering fixed-rate alternatives if they prioritize long-term payment certainty or reviewing adjustable options to capitalize on current stable rates before potential future adjustments. Data-driven decisions remain essential in aligning mortgage choices with individual financial goals.
Newport News Shipbuilding Employees
On August 9, 2025, adjustable-rate mortgages (ARMs) for new purchases remain stable with no change in yields over the past week. The 15-year and 10-year (3-year ARM) loans hold the lowest rates at 5.00%, maintaining consistent cost of borrowing. The 20-year (3-year ARM) stands at 5.25%, while the 30-year (10-year ARM) is priced at 6.00%—all unchanged from seven days prior.
For members, steady yield spreads suggest a predictable borrowing environment, benefiting those prioritizing short-term rate stability or planning early loan adjustments. First-time buyers might find the 15- and 10-year ARMs particularly cost-effective given their competitive rates.
Given current market steadiness, evaluate whether your mortgage strategy aligns with these fixed initial terms; consider fixed-rate options if you prioritize long-term payment certainty, or monitor ARM resets closely to mitigate future rate risk.
Nuvision
On August 09, 2025, the 30-year Adjustable 5/5 ARM Conforming Purchase mortgage rate stands at a competitive 5.50%, marking a 12.5 basis points decrease from last week’s 5.625%. This downward movement in yield spreads reduces the overall cost of borrowing for eligible buyers, notably benefiting those prioritizing lower initial payments such as first-time homebuyers or borrowers planning shorter ownership horizons. While refinance options are not listed today, members considering adjustable-rate products should carefully evaluate potential rate resets after the initial fixed period. Given current trends, borrowers may consider locking in this lower ARM rate if anticipating short- to medium-term ownership or evaluate fixed-rate alternatives for long-term rate stability to optimize their mortgage strategy effectively.
State Department Federal Credit Union
On August 9, 2025, Conforming 5/5 ARM Purchase loans maintain a competitive rate of 5.75%, unchanged over the past week but up 12.5 basis points (bps) from 30 days ago, indicating a modest rise in borrowing costs for short-term adjustable mortgages. Similarly, the Conforming 7/6 ARM Purchase rate remains steady at 5.75%, showing no weekly or monthly change, representing a stable yield spread for buyers seeking medium-term adjustment periods. The Conforming 10/6 ARM Purchase at 5.875% and the Conforming 15/15 ARM Purchase at 6.0% also hold steady week-over-week, with the latter increasing by 12.5 bps over 30 days, reflecting slight upward pressure on longer adjustment intervals.
For members prioritizing predictability, monitoring these ARM rate trends is crucial—consider evaluating fixed-rate alternatives if stability is preferred or reassessing refinancing strategies to mitigate incremental cost increases observed in certain terms.
Zillow National Average
As summer begins to wane, mortgage rates are holding steady, creating a unique opportunity for potential homebuyers. Today’s rates remain unchanged from yesterday, with the 15-Year Fixed Rate Jumbo at 6.413% and the 30-Year Fixed Rate Jumbo at 6.599%. While these figures reflect a mixed climate—particularly with the 15-Year rate experiencing a sharp 0.26% drop over the past month—they signal a gradual cooling that may benefit first-time buyers looking for affordability.
For those entering the market, even small shifts in rates can translate into significant savings; a mere 0.25% increase could add tens of thousands to your total mortgage costs. Now might be the perfect time to lock in these favorable rates, especially if you’re eyeing long-term investments or refinancing options. With Zillow’s real-time data at your fingertips, consider consulting a mortgage advisor to navigate this fluctuating landscape effectively.
Stay informed as the market evolves; with hints of future rate hikes from the Fed, acting now could be advantageous. Don’t miss out on today’s potential savings!
Federal Reserve Economic Trends
As we navigate the financial landscape today, mortgage rates are making headlines, particularly with the Mortgage 30Yr Jumbo Average Rates dropping by a notable 0.16 points over the past week. This shift reflects broader trends in inflation expectations—specifically, the Breakeven Inflation Rate for 10 years, which has remained stable at 2.390%.
When inflation trends stabilize, lenders often adjust interest rates accordingly. For instance, even a modest increase of just 0.10% can add hundreds to your total loan cost over 30 years. If you’re considering a 30-year mortgage, that translates to an additional $20 per month for every $100,000 borrowed.
With fluctuations like these, first-time buyers and refinancers should take note: locking in a rate now could save significant money down the line. It’s essential to stay vigilant about these changes; consult with a mortgage advisor to find the best strategy tailored to your financial goals.
As we look ahead, expect potential shifts driven by Fed decisions—stay alert! The economic landscape is ever-evolving, and being proactive can pave the way for smarter financial choices. Now is a great time to evaluate your options!
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
As you weigh your options today, remember that even small rate changes—like the tenth of a percent drops we’re seeing in 30-year fixed averages—can make a meaningful difference in your monthly payment and overall interest costs. If you’re buying, that attractive 5/1 ARM at 5.00% from Baxter might offer breathing room early on, especially if you plan to move or refinance within five years. Homeowners looking to refinance should keep an eye on tightening inflation trends; while they may nudge rates slightly higher soon, current conditions still favor locking in if your rate is above today’s averages. Above all, don’t rush without comparing programs tailored to your unique goals—whether it’s conventional, jumbo, or government-backed loans—and lean on trusted credit union offers where personalized service can make all the difference. Staying informed and acting thoughtfully will turn these shifting numbers into opportunities that fit your life and financial future perfectly.