Introduction
As we step into August 18, 2025, the mortgage landscape is holding steady with just subtle shifts that savvy homebuyers and homeowners should watch closely. If you’re thinking about locking in a rate, today’s data brings a mix of calm and opportunity. Among Credit Unions, Navy Federal Credit Union’s Conventional 15-Year Fixed Rate at 5.125% stands out as the lowest rate available for those looking to buy or refinance with a shorter-term loan. Meanwhile, Zillow’s jumbo loans show slight dips over the past week, with the 30-year fixed jumbo rate easing to 6.605%, hinting at some breathing room for buyers eyeing higher-priced homes. Inflation expectations remain modestly lower, according to the Federal Reserve’s breakeven rates, which can help keep long-term borrowing costs more predictable. Here’s what you need to know before locking in a rate—whether it’s your first home or your next investment property—to make sure you’re timing your move just right.
New Purchase - Conventional 15 yrs Fixed
Lender
2025-08-18
(Current Day)
(Current Day)
2025-08-11
(7 Days Ago)
(7 Days Ago)
2025-08-03
(15 Days Ago)
(15 Days Ago)
2025-07-19
(30 Days Ago)
(30 Days Ago)
2025-07-04
(45 Days Ago)
(45 Days Ago)
2025-06-19
(60 Days Ago)
(60 Days Ago)
2025-05-20
(90 Days Ago)
(90 Days Ago)
Americas First
5.25%
5.25%
5.25%
Eastrise
5.88%
5.88%
6.00%
+12.5 bps
6.00%
+12.5 bps
Goldenwest
5.25%
5.25%
5.49%
+24 bps
5.50%
+25 bps
5.38%
+12.5 bps
Logix
5.38%
5.50%
+12.5 bps
5.63%
+25 bps
5.63%
+25 bps
5.63%
+25 bps
Navy Federal Credit Union
5.13%
5.13%
5.25%
+12.5 bps
5.38%
+25 bps
5.25%
+12.5 bps
5.38%
+25 bps
5.50%
+37.5 bps
Newport News Shipbuilding Employees
6.00%
6.00%
6.13%
+12.5 bps
6.13%
+12.5 bps
Northwest
5.38%
5.50%
+12.5 bps
5.75%
+37.5 bps
5.75%
+37.5 bps
5.63%
+25 bps
5.88%
+50 bps
5.88%
+50 bps
Nuvision
5.25%
5.25%
5.38%
+12.5 bps
5.38%
+12.5 bps
5.38%
+12.5 bps
Tower
5.38%
5.38%
5.50%
+12.5 bps
5.50%
+12.5 bps
5.38%
New Purchase - Conventional 30 yrs Fixed
Lender
2025-08-18
(Current Day)
(Current Day)
2025-08-11
(7 Days Ago)
(7 Days Ago)
2025-08-03
(15 Days Ago)
(15 Days Ago)
2025-07-19
(30 Days Ago)
(30 Days Ago)
2025-07-04
(45 Days Ago)
(45 Days Ago)
2025-06-19
(60 Days Ago)
(60 Days Ago)
2025-05-20
(90 Days Ago)
(90 Days Ago)
Americas First
6.50%
6.50%
6.50%
Eastrise
6.25%
6.25%
6.50%
+25 bps
6.50%
+25 bps
Goldenwest
6.00%
6.00%
6.25%
+25 bps
6.25%
+25 bps
6.13%
+12.5 bps
Logix
6.38%
6.38%
6.63%
+25 bps
6.63%
+25 bps
6.50%
+12.5 bps
Navy Federal Credit Union
6.00%
6.00%
6.13%
+12.5 bps
6.25%
+25 bps
6.13%
+12.5 bps
6.25%
+25 bps
6.38%
+37.5 bps
Newport News Shipbuilding Employees
6.63%
6.63%
6.88%
+25 bps
6.88%
+25 bps
Northwest
7.25%
6.38%
-87.5 bps
7.63%
+37.5 bps
7.63%
+37.5 bps
7.50%
+25 bps
7.63%
+37.5 bps
7.75%
+50 bps
Nuvision
6.13%
6.13%
6.38%
+25 bps
6.38%
+25 bps
6.25%
+12.5 bps
Tower
6.38%
6.38%
6.50%
+12.5 bps
6.50%
+12.5 bps
6.38%
Americas First
On August 18, 2025, 15 Yr Fixed Rate In-House Purchase Loans remain at a competitive 5.25%, showing no change over the past week and maintaining the lowest yield among available products. The 30 Yr Fixed Rate Purchase Loan holds steady at 6.50%, with no movement in the last seven days. These stable rates imply consistent borrowing costs for homebuyers, particularly benefiting those prioritizing predictable payments such as first-time buyers seeking long-term affordability with the 15-year fixed option. Veterans and refinancing borrowers are not reflected in today’s data, focusing attention on purchase loans. Members should consider fixed-rate programs for payment stability amid unchanged market yields and evaluate mortgage strategies to align term length with financial goals given current cost structures.
Eastrise
On August 18, 2025, 15-Year Fixed Purchase mortgage rates remain steady at 5.875%, holding firm over the past week but down 12.5 basis points compared to 30 days ago. Meanwhile, the 30-Year Fixed Purchase rate stabilizes at 6.25%, unchanged weekly yet decreased by 25 basis points month-over-month. These yield spreads indicate a modest easing in long-term borrowing costs, beneficial for buyers prioritizing predictable payments and those planning larger purchases requiring longer terms. First-time homebuyers may find value in the lower 15-year fixed cost, while borrowers seeking extended amortization can evaluate the reduced 30-year rate impact on total interest expenses. Members should consider fixed-rate options if stability is paramount and assess refinancing strategies where applicable to optimize their mortgage cost structure amid recent rate fluctuations.
Goldenwest
As of August 18, 2025, 15 Year Fixed Loan Purchase rates remain steady at a competitive 5.25%, unchanged from last week but down 25 basis points compared to 30 days ago. Similarly, the 30 Year Fixed Loan Purchase rate holds at 6.00%, also unchanged weekly and decreased by 25 basis points month-over-month. These yield spreads indicate a slight easing in the cost of borrowing over the past month, benefiting borrowers prioritizing long-term stability.
For first-time buyers seeking lower monthly payments, the 30-year fixed offers predictable costs amid stable rates, while those able to commit to shorter terms may find the 15-year fixed advantageous for faster equity building at the lowest available rate today. Members should evaluate their mortgage strategy accordingly—consider fixed-rate options if valuing payment certainty or reassess refinancing opportunities to capitalize on recent declines in rates.
Logix
On August 18, 2025, 15-Year Fixed Purchase rates decreased by 12.5 basis points to 5.375%, improving borrowing costs for buyers seeking shorter-term stability. Over the past 30 days, this product has dropped 25 basis points, signaling a modest easing in yield spreads that benefits borrowers aiming to minimize interest expense.
Conversely, the 30-Year Fixed Purchase rate held steady at 6.375%, showing no weekly change but a notable 25 basis point decline over the last month. This stable trend supports long-term financing options for members prioritizing predictable monthly payments despite elevated overall rates.
Members should consider fixed-rate loans if they value rate certainty amid recent fluctuations. Evaluating refinancing strategies may reduce total interest outlays, particularly where rate declines exceed 20 basis points. Careful analysis of term length and cost implications remains essential for optimizing mortgage decisions in current market conditions.
Navy Federal Credit Union
On August 18, 2025, Conventional 15-Year Fixed Purchase loans maintain the lowest rate at 5.125%, unchanged over the past week but down 25 basis points compared to 30 days ago. Meanwhile, the Conventional 30-Year Fixed Purchase rate holds steady at 6.00%, also flat week-over-week and reduced by 25 basis points from one month prior. These stable yield spreads reflect modest easing in borrowing costs for homebuyers seeking long-term fixed-rate security. For members prioritizing lower interest expenses and faster equity build-up, the 15-year fixed option remains advantageous. Conversely, those needing extended amortization may find the consistent 30-year fixed rate appropriate despite its higher cost. Given recent trends, members should evaluate refinancing opportunities or locking in rates now to manage long-term financial exposure effectively.
Newport News Shipbuilding Employees
On August 18, 2025, 15-Year Fixed Purchase mortgage rates hold steady at 6.0%, unchanged over the past week but down 12.5 basis points compared to 30 days ago. This represents a modest reduction in borrowing costs for buyers prioritizing shorter-term fixed stability. Meanwhile, the 30-Year Fixed Purchase rate remains at 6.625%, stable week-over-week with a notable decline of 25 basis points from one month prior, easing long-term financing expenses for those seeking extended amortization.
For members weighing mortgage options, these rate trends suggest that locking in a 15-year fixed loan may optimize interest savings amid slight yield compression. Conversely, the decreased cost on the 30-year fixed product enhances affordability for purchasers requiring lower monthly payments. Evaluating your mortgage strategy with current rate movements can aid in aligning your financing with your financial goals and risk tolerance.
Northwest
As of August 18, 2025, the 15 Year Fixed Rate Purchase mortgage offers the most competitive cost of borrowing at 5.375% with 1.0 point, reflecting a 12.5 basis point decrease from last week and a notable 37.5 basis point decline over the past 30 days. This yield spread reduction benefits borrowers seeking shorter-term fixed stability.
Conversely, the HomeBuyer's Edge 100% 30 Year Fixed Purchase rate rose sharply by 87.5 basis points week-over-week, now at 7.25% with minimal points (0.25), despite a modest 37.5 basis point drop since 30 days ago. The higher rate significantly impacts first-time buyers leveraging full financing.
Members should consider locking in fixed-rate loans like the 15 Year Fixed to capitalize on recent declines if prioritizing payment certainty, while carefully evaluating long-term affordability for high-rate products such as the HomeBuyer's Edge program. Data-driven mortgage strategy adjustments remain essential amid evolving market yield spreads.
Nuvision
On August 18, 2025, 15-Year Conforming Fixed Purchase rates hold steady at 5.25% with 1.125 points, marking no change over the past week but a notable decrease of 12.5 basis points compared to 30 days ago. Similarly, the 30-Year Conforming Fixed Purchase rate remains unchanged from last week at 6.125%, down by 25 basis points month-over-month.
These yield improvements reduce the cost of borrowing for borrowers prioritizing long-term stability, particularly benefiting first-time homebuyers aiming for predictable payments. The decline in rates enhances affordability, potentially lowering monthly obligations and total interest paid.
Members should consider locking in fixed-rate mortgages to capitalize on favorable yield spreads. Evaluating refinancing strategies may also be prudent for those with higher-rate loans seeking to optimize their mortgage portfolio amid these downward trends.
Tower
As of August 18, 2025, 15-Year Fixed Purchase mortgages hold the lowest rate at 5.375%, unchanged over the past week but down 12.5 basis points compared to 30 days ago. Similarly, 30-Year Fixed Purchase loans with 100% financing remain steady at 6.375%, also flat week-over-week yet decreased by 12.5 basis points month-over-month. These stable yield spreads reflect a modest easing in borrowing costs since last month, potentially benefiting first-time buyers aiming for predictable payments and those requiring full financing. Members considering long-term affordability should evaluate fixed-rate options for rate stability amid current market conditions. Additionally, homeowners may find it timely to assess refinancing strategies, given the recent downward trend in rates, to optimize their mortgage costs moving forward.
Zillow National Average
As summer winds down, mortgage rates are experiencing a mixed bag of trends, with the 30-Year Fixed Rate Jumbo seeing a sharp rise of 0.20% in just one day. For first-time buyers looking to secure their dream home, even small shifts can be significant; a mere quarter-point increase can add thousands to your total interest over the life of the loan. Meanwhile, those eyeing refinancing or investment opportunities may find solace in the 15-Year Fixed Rate Jumbo, which has dropped 0.67% over the past month—offering potential savings for long-term planners.
With the Fed hinting at future rate hikes, now might be the time to act. Don’t miss out on today’s potential savings! Consult with a mortgage advisor to explore your best options and stay ahead as market conditions evolve. Remember, every basis point counts when it comes to your financial future!
Federal Reserve Economic Trends
In a dramatic turn of events, mortgage rates have taken a significant plunge, with Mortgage 30Yr Jumbo Average Rates dropping by an astonishing 6.68 points in just one day. This sharp decline signals shifting dynamics in the housing market, influenced heavily by current inflation trends. As inflation expectations fluctuate—today’s Breakeven Inflation Rate for 10 Years remains steady at 2.380%—mortgage costs can either rise or fall accordingly.
For homebuyers and investors, these changes are crucial. A mere 1% increase in mortgage rates can translate to hundreds of dollars more each month on a 30-year loan. For instance, locking in a rate today could save you thousands over the life of your loan compared to waiting for potentially higher rates.
With the largest movements seen in jumbo loans recently, those looking to buy or refinance should act quickly. First-time buyers, particularly, might find this as an opportune moment to enter the market while rates remain favorable.
As you navigate these fluctuations, staying connected with reliable sources like FRED can provide valuable insights. It's wise to consult with a mortgage advisor and consider locking in a rate now—especially given the volatility we’ve witnessed lately.
Keep an eye on economic indicators and Fed decisions that may affect future rates; being proactive could make all the difference in your financial journey. Remember, timing is everything!
LendMesh
A mortgage should open doors, not close them. That’s why LendMesh was created—to make the home financing process straightforward, supportive, and free from unnecessary stress. We’ve listened to stories from first-time buyers, seasoned investors, and growing families, and we’ve woven those experiences into every tool and feature on our site. Here, you can compare rates from banks you know and credit unions you might not have discovered yet—all in a single, transparent view. Our resources are written by real financial advisors who care about your future. Curious to learn more? Dive into our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans and find out how easy homeownership can really be.
Conclusion
Looking ahead, remember that even small changes in mortgage rates—like the few basis points’ movement we’ve seen this week—can have a meaningful impact on your monthly payments and total interest paid over the life of your loan. For example, dropping from 6.25% to 6% on a 30-year fixed could save you hundreds each month and thousands overall. If you’re ready to buy or refinance, consider options like Navy Federal Credit Union’s low 15-year fixed rate at 5.125% for faster payoff and less interest, or keep an eye on jumbo loan trends if your needs fall in that category. Above all, take a moment to assess your financial goals and how today’s rates align with them—sometimes waiting a few days or weeks can pay off, but so can acting confidently when you find a strong offer. Keep these insights close as you navigate the market; smart timing combined with trusted lenders can turn today’s mortgage choices into tomorrow’s home sweet home.