Introduction
On August 22, 2025, the mortgage landscape feels like a calm harbor amidst a sea of change. For those watching rates closely, today’s data from Credit Unions, Zillow, and the Federal Reserve offers a hopeful glimpse. If you’re thinking about refinancing or buying, here’s what you need to know before locking in a rate. The lowest refinance offer on the table is from Langley Credit Union with an attractive 4.99% on their 30-year fixed refinance, standing out as a rare sub-5% rate in today’s market. Meanwhile, Zillow reports jumbo loan rates nudging upward but still manageable — the 15-year fixed jumbo at 6.344% shows only a slight increase over last week. On the inflation front, subtle upticks in breakeven rates suggest markets are steady but watchful. Whether you’re a homeowner aiming to lower your monthly payment or a buyer weighing your options, these snapshots can guide your next move with confidence.
Refinance - Conventional 15 yrs Fixed
Lender
2025-08-22
(Current Day)
(Current Day)
2025-08-15
(7 Days Ago)
(7 Days Ago)
2025-08-07
(15 Days Ago)
(15 Days Ago)
2025-07-23
(30 Days Ago)
(30 Days Ago)
2025-07-08
(45 Days Ago)
(45 Days Ago)
2025-06-23
(60 Days Ago)
(60 Days Ago)
2025-05-24
(90 Days Ago)
(90 Days Ago)
5.25%
5.38%
+12.5 bps
5.38%
+12.5 bps
5.38%
+12.5 bps
5.38%
+12.5 bps
5.38%
+12.5 bps
5.50%
5.50%
5.38%
-12.5 bps
6.74%
+124 bps
6.74%
+124 bps
6.74%
+124 bps
6.74%
+124 bps
Refinance - Conventional 30 yrs Fixed
Lender
2025-08-22
(Current Day)
(Current Day)
2025-08-15
(7 Days Ago)
(7 Days Ago)
2025-08-07
(15 Days Ago)
(15 Days Ago)
2025-07-23
(30 Days Ago)
(30 Days Ago)
2025-07-08
(45 Days Ago)
(45 Days Ago)
2025-06-23
(60 Days Ago)
(60 Days Ago)
2025-05-24
(90 Days Ago)
(90 Days Ago)
6.13%
6.38%
+25 bps
6.38%
+25 bps
6.38%
+25 bps
6.38%
+25 bps
6.38%
+25 bps
6.38%
6.38%
6.38%
6.49%
+11.5 bps
6.49%
+11.5 bps
6.62%
+24.9 bps
6.75%
+37.5 bps
A+ FEDERAL CREDIT UNION
On August 22, 2025, 15-Year Fixed Refinance rates remain stable at 5.5%, unchanged from last week but down 25 basis points compared to 30 days ago. This lower yield spread reduces the cost of borrowing for members seeking shorter-term refinancing solutions, benefiting those aiming to build equity faster. Conversely, the 30-Year Fixed Refinance rate holds steady at 6.375%, showing no change over the past week but a modest decline of 12.5 basis points from one month prior. Members with longer loan horizons may find this gradual decrease advantageous for extending loan terms while managing monthly payments. Given current trends, members should consider fixed-rate options if valuing payment stability and evaluate refinancing opportunities to optimize long-term financial outcomes based on their individual timelines and goals.
AFFINITY PLUS FEDERAL CREDIT UNION
On August 22, 2025, 15-Year Fixed-Rate Conventional Refinance loans remain at a stable 5.75%, showing no change over the past 7 days. This rate represents the lowest yield spread compared to the 30-Year Fixed-Rate Conventional Refinance option at 6.375%, which also held steady week-over-week. For members prioritizing reduced cost of borrowing and shorter payoff periods, the 15-year fixed offers a financially efficient solution without recent volatility in rates. Conversely, those seeking longer terms face consistent borrowing costs with the 30-year fixed program. Given these unchanged yields, members should evaluate refinancing strategies based on term preference and long-term financial goals, considering fixed-rate options if stability is paramount amid current market conditions.
DIGITAL FEDERAL CREDIT UNION
On August 22, 2025, 15 Years Fixed Refinance rates remain at a competitive 5.25% with a stable yield, showing no change over the past week and a modest 12.5 basis points decline compared to 30 days ago. This stability benefits borrowers seeking lower long-term costs and predictable payments. Conversely, the 30 Years Fixed Refinance rate increased by 12.5 basis points week-over-week to 6.125%, holding steady over the last month. This uptick raises the cost of borrowing for longer terms, affecting those prioritizing extended amortization schedules. Members considering refinancing should weigh fixed-rate options if they value payment certainty or assess their strategy amid recent rate shifts to optimize financial outcomes aligned with their goals.
DUPACO COMMUNITY CREDIT UNION
On August 22, 2025, 15-Year Fixed Conventional Refinance rates remain stable at 5.625%, showing no change over the past week or month, maintaining the lowest yield among available options. Conversely, the 30-Year Fixed Conventional Refinance rate increased by 12.5 basis points to 6.50% compared to seven days ago but held steady relative to 30 days prior. These movements indicate a slight rise in long-term borrowing costs while shorter-term fixed rates offer consistent pricing. Members refinancing short-term loans benefit from predictable payments and unchanged rates, whereas those considering longer terms should weigh the recent uptick’s impact on total interest paid. Evaluating mortgage strategies with an emphasis on fixed-rate stability or timing for refinancing could optimize financial outcomes amid these nuanced yield shifts.
KNOXVILLE TVA EMPLOYEES CREDIT UNION
On August 22, 2025, 15-Year Fixed-Rate Mortgage refinance rates declined by 12.5 basis points to 5.25%, marking the lowest yield among today's options and signaling a modest reduction in borrowing costs for short-term refinancers. Meanwhile, the 30-Year Fixed-Rate Mortgage refinance rate decreased by 25 basis points to 6.125%, improving affordability for borrowers prioritizing longer repayment horizons.
These shifts indicate a tightening in yield spreads relative to last week and the past month, potentially benefiting members aiming to lower monthly payments or total interest outlay. Borrowers with stable income profiles may find fixed-rate terms advantageous amid current market volatility.
Members should assess their mortgage strategy in light of these rate adjustments—consider fixed-rate options for predictable payments or evaluate refinancing opportunities to optimize long-term financial outcomes based on individual goals and loan terms.
LANGLEY FEDERAL CREDIT UNION
As of August 22, 2025, Langley reports stable mortgage rates with no changes over the past week or month. The 30-Year Fixed Refinance rate remains steady at 4.99%, while the 15-Year Fixed Refinance holds at 5.625%. This stability indicates no recent shifts in yield spreads, maintaining current borrowing costs for members considering refinancing.
For homeowners evaluating long-term financial planning, the unchanged rates support consistent payment expectations. The 30-Year Fixed option offers the lowest available refinance rate, ideal for those prioritizing lower monthly payments and predictability. Conversely, the 15-Year Fixed suits borrowers aiming to reduce overall interest expense despite higher monthly obligations.
Members should assess their individual financial goals and consider fixed-rate refinancing to secure current yields amid market steadiness, optimizing long-term cost efficiency without exposure to rate volatility.
MOUNTAIN AMERICA FEDERAL CREDIT UNION
On August 22, 2025, 15-Year Fixed (Refinance) and 30-Year Fixed (Refinance) mortgage rates at Mountain America remain unchanged from one week ago, holding steady at 5.5% and 6.375%, respectively. Compared to 30 days prior, these rates have decreased significantly by 124 basis points for the 15-year term and 11.5 basis points for the 30-year term, indicating a meaningful reduction in borrowing costs for members refinancing their mortgages. This sustained compression in yield spreads enhances affordability for homeowners looking to lower monthly payments or shorten loan duration. Members prioritizing predictable payments may find fixed-rate refinance options advantageous in today’s market environment. Evaluating current mortgage strategies against these trends can help optimize long-term financial outcomes amid evolving interest rate conditions.
RANDOLPH-BROOKS FEDERAL CREDIT UNION
On August 22, 2025, 15-year fixed refinance loans remain at a stable 5.75%, showing no change over the past 7 and 30 days. This consistent rate maintains a low cost of borrowing for members seeking to shorten loan terms without increased yield spreads. Meanwhile, the 30-year fixed refinance rate holds steady at 6.625% compared to last week but has decreased by 12.5 basis points over the last 30 days, indicating modest easing in long-term financing costs.
Members aiming for long-term stability may find value in the 30-year fixed option's recent decline, while those focused on minimizing interest expense should note the unchanging 15-year fixed rate remains the most economical choice. Evaluating refinancing strategies now could optimize mortgage expenses amid these subtle shifts in yield curves.
Zillow National Average
As summer winds down, mortgage rates are experiencing a subtle yet noteworthy shift. Today, the 15-Year Fixed Rate Jumbo loan has seen a sharp rise of 0.04%, while the 30-Year Fixed Rate Jumbo remains relatively stable, inching up just 0.01%. For first-time buyers, these small increases might feel like a gentle nudge to act quickly before rates climb higher—every basis point can significantly impact your monthly payment and overall interest costs.
Refinancers should take note: even a modest increase can add thousands over the life of a mortgage. Meanwhile, long-term investors may want to focus on potential rental yields rather than just current rates. As you consider your options, now may be the time to lock in favorable terms before any anticipated Fed rate hikes come into play.
Zillow’s real-time data provides a reliable lens into these trends, making it crucial to stay informed. Speak with a mortgage advisor today to navigate your best path forward as market conditions continue to evolve—don’t miss out on today’s potential savings!
Federal Reserve Economic Trends
Daily U.S. Economic Update: Inflation and Mortgage Rates on the Move
As of August 22, 2025, mortgage rates are showing notable shifts that could impact homebuyers and investors alike. Most prominently, the Mortgage 30Yr VA Average Rates saw an increase of 0.12 points over the past week, indicating a potential uptick in borrowing costs. This rise comes amidst stable inflation expectations, with the 10-Year Breakeven Inflation Rate holding steady at 2.390%.
When inflation trends upward, interest rates typically follow suit, making mortgages more expensive. For instance, even a modest increase of just 0.25% in your mortgage rate can add hundreds to your monthly payments over a 30-year loan.
In terms of significant movements, the Mortgage 30Yr USDA Average Rates fell by 0.13 points over the last month—great news for first-time buyers looking for affordable options!
For those considering refinancing or purchasing, it's crucial to monitor these fluctuations closely and consult a mortgage advisor to determine the best time to lock in rates. With uncertainty surrounding future Fed decisions on interest rates, now is the time to stay alert and informed.
Whether you're a first-time buyer, long-term investor, or looking to refinance, understanding these trends can make all the difference in securing favorable terms for your mortgage.
LendMesh
Finding the right home loan can feel overwhelming, especially with so many banks and credit unions out there. That’s why LendMesh exists—to bring you the most competitive mortgage rates, side-by-side comparisons, and practical financial advice, all in one place. Our expert content breaks down complex terms so you can move forward with confidence, and our partnerships with lenders nationwide give you access to unique programs you might not discover elsewhere. When you’re ready to see the latest rates, calculate your affordability, or simply learn more about homeownership, visit our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . LendMesh is where home buying meets smart, user-friendly technology.
Conclusion
As we look ahead, remember that even small shifts in mortgage rates — like the quarter-point rise seen in some 30-year fixed refinance offers — can ripple through your budget over time. Locking in the Langley Credit Union’s 4.99% 30-year fixed refinance today could save hundreds monthly compared to higher rates just days ago. For buyers and refinancers alike, staying flexible and informed is key; keep an eye on national averages too, since jumbo and government-backed loans show subtle movements that might open new doors soon. The best strategy? Don’t rush but don’t wait for perfect either—rates may not drop drastically from here, but smart timing and choosing the right program can make all the difference in turning your homeownership dreams into lasting financial strength. Your journey deserves both patience and action—embrace both as you navigate this evolving market with confidence.