Introduction
As of August 18, 2025, the mortgage landscape offers some bright spots for homebuyers and refinancers ready to make a move. While national averages from Zillow show a slight dip in jumbo loan rates — with the 30-year fixed jumbo rate easing to 6.605% and the 15-year fixed jumbo dropping to 6.255% — several credit unions are holding steady with competitive options that could save you money over time. Notably, Navy Federal Credit Union is offering one of the lowest purchase rates with a 15-year conventional fixed at 5.125%, while Goldenwest’s 15-year fixed comes in just as attractive at 5.25%. Meanwhile, broader economic indicators from the Federal Reserve hint at modest declines in inflation expectations, which may help keep rates from climbing further. Here’s what you need to know before locking in a rate—whether you’re buying your first home or eyeing that refinance opportunity, understanding these subtle shifts can mean real savings down the road.
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)
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
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
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)
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
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
AMERICA'S FIRST FEDERAL CREDIT UNION
On August 18, 2025, fixed-rate purchase mortgages remain stable at 5.25% for the 15-year fixed rate in-house and 6.5% for the 30-year fixed rate, both carrying 1.0 point. There has been no change over the past week, indicating steady yield spreads and borrowing costs for members considering home purchases. The 15-year fixed product offers the lowest rate, benefiting buyers seeking lower long-term interest expenses and faster equity build-up. Stability in rates supports predictable budgeting for first-time buyers and those prioritizing payment certainty. Members evaluating financing strategies should consider fixed-rate options if prioritizing cost stability, while monitoring market trends to optimize timing. Given current trends, reviewing mortgage plans against personal financial goals is advisable to manage borrowing costs effectively.
EASTRISE FEDERAL CREDIT UNION
On August 18, 2025, 15-Year Fixed Purchase mortgage rates remain steady at 5.875%, unchanged over the past week but down 12.5 basis points from 30 days ago, reflecting a moderate easing in borrowing costs for short-term fixed loans. Meanwhile, the 30-Year Fixed Purchase rate holds at 6.25%, also unchanged weekly but decreased by 25 basis points month-over-month, indicating improved yield spreads for long-term financing.
These stable yet slightly lower rates may benefit first-time homebuyers seeking predictable payments and borrowers prioritizing long-term cost savings. Given the current trends, members should consider fixed-rate options if stability is a priority and evaluate refinancing strategies to capitalize on recent declines in long-term rates. Monitoring these modest rate shifts is essential for informed mortgage planning in today’s evolving market environment.
GOLDENWEST FEDERAL CREDIT UNION
On August 18, 2025, 15 Year Fixed Loan Purchase rates remain at a competitive 5.25%, unchanged over the past week but down 25 basis points compared to 30 days ago. Similarly, the 30 Year Fixed Loan Purchase rate holds steady at 6.00%, also unchanged week-over-week and reduced by 25 basis points month-over-month. These stable yield spreads suggest modest easing in borrowing costs, benefiting buyers prioritizing predictability and long-term financial planning. First-time homebuyers may find the 15-year fixed option’s lower rate advantageous for faster equity build-up, while those seeking affordability over time might consider the 30-year fixed loan for manageable monthly payments. Given these trends, members should evaluate fixed-rate loans to lock in current favorable rates and consider refinancing strategies to optimize cost efficiency amid stable market conditions.
LOGIX FEDERAL CREDIT UNION
On August 18, 2025, the 15-Year Fixed Purchase mortgage rate stands at 5.375% with 2.0 points, marking a decline of 12.5 basis points over the past week and a more substantial 25 basis points decrease compared to 30 days ago. This reduction lowers the cost of borrowing for buyers prioritizing shorter loan terms, improving affordability for those aiming to build equity faster. Meanwhile, the 30-Year Fixed Purchase rate remains steady at 6.375% with 2.0 points, unchanged week-over-week but down by 25 basis points month-over-month, offering consistent yield spreads for long-term financing.
Borrowers seeking rate stability may find value in fixed-rate options amid these modest declines. Evaluating current rates against personal financial goals can help optimize mortgage strategies, particularly for first-time purchasers weighing term lengths and cost implications.
NAVY FEDERAL CREDIT UNION
As of August 18, 2025, Conventional 15-Year Fixed Purchase loans hold the lowest rate at 5.125% with minimal movement over the past week (+0.0 bps) and a notable decline of -25 bps compared to 30 days ago. Similarly, the Conventional 30-Year Fixed Purchase rate remains steady at 6.0%, unchanged week-over-week but down 25 basis points month-over-month, reflecting easing yield spreads.
For members prioritizing predictability and faster amortization, the 15-year fixed option offers reduced cost of borrowing with historically lower rates. Meanwhile, those seeking longer terms benefit from the stable 30-year fixed rate, maintaining affordability amid recent market adjustments.
Given these trends, members should consider fixed-rate products to lock in current yields, while evaluating refinancing opportunities that may lower long-term interest expenses in light of recent rate softening.
NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION
As of August 18, 2025, 15-Year Fixed Purchase mortgage rates remain stable at 6.0%, unchanged over the past week but down 12.5 basis points compared to 30 days ago. This rate represents the lowest borrowing cost among available options, benefiting buyers seeking quicker equity buildup and lower total interest. Meanwhile, the 30-Year Fixed Purchase rate holds steady at 6.625%, with no weekly change but a notable decline of 25 basis points versus one month prior, improving affordability for long-term homeownership.
These modest declines in yield spreads suggest a slight easing in borrowing costs, particularly advantageous for first-time buyers prioritizing predictable payments. Members should evaluate fixed-rate products for cost stability amid market fluctuations and consider refinancing strategies to capitalize on recent rate improvements and reduce overall debt servicing expenses.
NORTHWEST FEDERAL CREDIT UNION
On August 18, 2025, 15 Year Fixed Rate Purchase loans offer the lowest yield at 5.375% with 1.0 point, reflecting a 12.5 basis points decline over the past week and a 37.5 basis points reduction since 30 days ago. This decreased cost of borrowing benefits buyers seeking shorter-term stability and lower total interest expense. Conversely, the HomeBuyer's Edge 100% 30 Year Fixed Purchase program shows a rate increase to 7.25% (+87.5 bps week-over-week), despite a 37.5 bps decrease compared to one month prior, indicating heightened yield spreads for no-down-payment options.
Members targeting long-term affordability should consider these dynamics carefully: fixed-rate products remain advantageous for predictable payments, while recent shifts in the HomeBuyer's Edge program warrant close evaluation for upfront costs versus loan term goals. Analyzing current rates against personal financial plans is essential to optimize mortgage strategies amid evolving market conditions.
NUVISION FEDERAL CREDIT UNION
On August 18, 2025, 15-Year Conforming Fixed Purchase loans maintain the lowest rate at 5.25% with 1.125 points, unchanged from last week but down 12.5 basis points over 30 days, reflecting a modest easing in borrowing costs for shorter-term fixed commitments. Meanwhile, the 30-Year Conforming Fixed Purchase rate holds steady at 6.125% with 1.125 points, also flat week-over-week but improved by 25 basis points versus 30 days ago, signaling increased yield spread compression for longer-term borrowers.
For members prioritizing predictability, the stable rates on both terms suggest an opportunity to evaluate fixed-rate mortgages amid favorable long-term trends. First-time buyers may benefit from the lower 15-year yields, while those seeking extended payment horizons see gradual cost relief. Given these dynamics, members should consider their mortgage duration preferences and refinancing potential to optimize financial outcomes.
TOWER FEDERAL CREDIT UNION
On August 18, 2025, 15-Year Fixed Purchase loans maintain the lowest rate at 5.375%, unchanged over the past week but down 12.5 basis points from 30 days ago, reflecting a modest easing in borrowing costs for buyers prioritizing shorter terms. Meanwhile, the 30-Year Fixed Purchase with 100% Financing remains steady at 6.375%, also stable week-over-week yet decreased by 12.5 basis points month-over-month, offering full financing options without rate volatility.
These rate trends suggest that borrowers seeking predictability might consider locking in fixed rates, especially with recent yield spread compression lowering long-term costs. First-time homebuyers and those needing full financing can evaluate these stable fixed-rate options to manage future payment certainty amid subtle market shifts. Members should review their mortgage strategies with an emphasis on current spreads and refinancing feasibility to optimize financial outcomes.
Zillow National Average
As mortgage rates continue to fluctuate, today marks a notable moment for homebuyers and refinancers alike. The 30-Year Fixed Rate Jumbo has experienced a sharp rise of 0.20% in just one day, now sitting at 6.605%. This could signal an urgent moment for potential buyers who may want to lock in rates before further increases take hold. Conversely, the 15-Year Fixed Rate Jumbo has shown a gradual cooling trend over the past month, dropping 0.67%, making it an attractive option for those looking to pay off their homes faster.
For first-time buyers, even a slight dip in rates can mean significant savings on monthly payments—think thousands over the life of the loan. Investors should consider how these changes affect rental yields and long-term appreciation opportunities. With the Fed hinting at future rate hikes, now may be the time to act. Don’t miss out on today’s potential savings; consult a mortgage advisor to explore your best options! Staying informed will be key as we navigate this evolving landscape.
Federal Reserve Economic Trends
In a striking shift, today marks a significant downturn in mortgage rates, especially for 30-Year Jumbo Loans, which plummeted by 6.68 points in just one day. This rapid change underscores the ongoing interplay between inflation expectations and interest rates, a dynamic that can heavily influence mortgage costs. For instance, even a modest uptick in rates can add hundreds to your monthly payment on a 30-year loan—making timing critical for homebuyers.
The latest data reveals that over the past month alone, 30-Year Jumbo Rates have dropped by 7.12 points, presenting an opportunity for potential buyers and refinancers alike. As inflation trends stabilize around 2.38% for 10-year breakeven rates, those looking to secure favorable financing should consider locking in these rates now to avoid future volatility.
Whether you’re a first-time buyer or an experienced investor, it’s essential to stay informed about these shifts. Monitor both inflation and mortgage rates closely—consulting with a trusted mortgage advisor could be your best move during this fluctuating landscape. With uncertainty ahead regarding Federal Reserve decisions, now is the time to act if you're considering a new mortgage or refinancing option!
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, it’s clear that even small changes in mortgage rates can ripple through your monthly budget and long-term financial plans. For example, a quarter-point difference on a 30-year fixed loan could translate into hundreds of dollars saved each month or thousands less paid in interest over the life of your mortgage. With today’s rates showing pockets of stability—especially among trusted credit unions like Navy Federal and Goldenwest—it pays to shop around and consider shorter terms if you can afford higher payments upfront. Keep an eye on inflation trends too; easing expectations might give lenders more confidence to maintain or lower rates in coming months. Whether you’re locking in a purchase loan or refinancing an existing mortgage, taking advantage of these competitive rates near 5.125% to 6.25% on select fixed-rate products can set you up for stronger financial footing. Remember, timing and informed decisions matter—so stay patient but proactive to turn today’s market into tomorrow’s opportunity.