Introduction
As of August 22, 2025, the mortgage landscape feels like a calm lake with just a few ripples—a welcome pause in what’s been a whirlwind of rate changes this year. If you’ve been watching the market closely, today’s data from Credit Unions, Zillow, and the Federal Reserve brings some steady footing for your home financing plans. Whether you're thinking about refinancing or locking in a new purchase loan, there’s good news to spark optimism. The lowest refinance rate we see today is 5.125% on a 15-year fixed loan at Digital Credit Union, showing a slight dip that could mean savings on your monthly payments. Over at Zillow, jumbo loan rates nudged up but remain manageable, with the 15-year fixed jumbo rate at 6.344% catching attention for those eyeing bigger purchases. Inflation expectations are inching upward but remain moderate, giving buyers and refinancers alike reason to act without fear of sudden spikes. Here’s what you need to know before locking in a rate—because every fraction counts when it comes to your home and your wallet.
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)
A
5.50%
5.50%
5.50%
5.75%
+25 bps
5.75%
+25 bps
Affinity Plus
5.75%
5.75%
5.75%
6.00%
+25 bps
6.00%
+25 bps
Digital
5.13%
5.25%
+12.5 bps
5.13%
5.38%
+25 bps
5.38%
+25 bps
5.38%
+25 bps
Dupaco Community
5.63%
5.63%
5.63%
5.63%
Knoxville Tva Employees
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
Mountain America
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
Randolph Brooks
5.75%
5.75%
5.75%
5.75%
5.88%
+12.5 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)
A
6.38%
6.38%
6.25%
-12.5 bps
6.50%
+12.5 bps
6.50%
+12.5 bps
Affinity Plus
6.38%
6.38%
6.38%
6.63%
+25 bps
6.63%
+25 bps
Digital
6.00%
6.00%
6.00%
6.13%
+12.5 bps
6.25%
+25 bps
6.25%
+25 bps
Dupaco Community
6.50%
6.38%
-12.5 bps
6.38%
-12.5 bps
6.50%
Knoxville Tva Employees
6.13%
6.38%
+25 bps
6.38%
+25 bps
6.38%
+25 bps
6.38%
+25 bps
6.38%
+25 bps
Mountain America
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
Randolph Brooks
6.63%
6.63%
6.63%
6.75%
+12.5 bps
6.88%
+25 bps
A
As of August 22, 2025, 15-Year Fixed Refinance rates remain steady at 5.50%, unchanged over the past week but down 25 basis points compared to 30 days ago, reflecting a modest easing in borrowing costs for shorter-term refinancing. Meanwhile, the 30-Year Fixed Refinance rate holds at 6.375%, stable week-over-week with a 12.5 basis point decrease from one month prior. These yield spreads suggest improved affordability for borrowers prioritizing long-term fixed payments. Members considering refinancing can benefit from these lower rates to potentially reduce monthly obligations or overall interest expense. Evaluating fixed-rate options may provide financial predictability amid market fluctuations, supporting informed mortgage strategy adjustments aligned with individual financial goals and timelines.
Affinity Plus
On August 22, 2025, 15-Year Fixed-Rate Conventional Refinance loans remain at a competitive 5.75%, unchanged over the past week, maintaining a stable borrowing cost for homeowners seeking shorter-term refinancing. This rate is currently the lowest among available options, offering reduced yield spreads relative to longer terms. The 30-Year Fixed-Rate Conventional Refinance stands steady at 6.375%, with no change in the last seven days, preserving affordability for borrowers prioritizing lower monthly payments despite a longer amortization period. The absence of recent rate fluctuations suggests a stable mortgage environment; members should consider fixed-rate options if they value payment predictability. Evaluating refinancing strategies now could optimize long-term interest expenses, especially given these consistent rates and current market conditions.
Digital
On August 22, 2025, the 15 Years Fixed Refinance rate decreased by 12.5 basis points to 5.125%, marking a notable easing in borrowing costs over the past week and a 25 basis point decline versus 30 days ago. This reduction benefits members prioritizing shorter-term debt payoff and lower cumulative interest. Conversely, the 30 Years Fixed Refinance rate held steady at 6.00%, unchanged from last week but down 12.5 basis points compared to one month prior, maintaining stable yield spreads for long-term refinancing.
Members considering refinancing should evaluate fixed-rate options if they seek payment predictability amid recent rate volatility. The lower cost on the 15-year product may offer meaningful savings for those able to accelerate repayment, while the 30-year’s stability supports long-term financial planning. A data-driven review of your mortgage strategy remains essential given these nuanced rate movements.
Dupaco Community
On August 22, 2025, 15-Year Fixed Conventional Refinance rates remain steady at 5.625%, showing no change over the past 7 and 30 days. This stable yield supports borrowers seeking to reduce loan duration without increased cost of borrowing. Conversely, the 30-Year Fixed Conventional Refinance rate rose by 12.5 basis points to 6.50% compared to last week, while holding flat month-over-month. The widening yield spread on the 30-year term signals higher long-term borrowing costs, impacting those prioritizing lower monthly payments. Members aiming for predictability might favor the unchanged 15-year fixed option, whereas those evaluating extended amortization should consider recent rate upticks. Given current movements, it is prudent to evaluate refinancing strategies carefully, especially if targeting long-term savings or cash flow management amid rising longer-term rates.
Knoxville Tva Employees
On August 22, 2025, 15-Year Fixed-Rate Mortgage refinance rates declined by 12.5 basis points, settling at 5.25%, marking the lowest yield among today's options. Similarly, the 30-Year Fixed-Rate Mortgage refinance rate decreased by 25 basis points to 6.125%, reflecting a notable narrowing in cost of borrowing compared to one month ago. These rate adjustments improve refinancing affordability for Knoxville TVA Employees members seeking reduced monthly payments or shorter loan durations. Borrowers prioritizing payment stability may find value in the fixed-rate structures, particularly with recent yield spread contractions. Members are advised to evaluate refinancing opportunities carefully, considering how lower rates can impact long-term interest expenses and overall financial strategy amid evolving market conditions.
Mountain America
On August 22, 2025, 15-Year Fixed Refinance rates hold steady at a lowest rate of 5.5%, unchanged over the past week but down 124 basis points compared to 30 days ago. This reduction significantly lowers borrowing costs for members aiming to shorten loan terms. Meanwhile, the 30-Year Fixed Refinance rate remains stable at 6.375%, unchanged weekly and decreased by 11.5 basis points over the last month, offering consistent long-term financing costs.
For members focused on refinancing, these trends suggest favorable yield spreads for locking in fixed rates now. First-time buyers and veterans should monitor these shifts closely to assess whether fixed-rate stability or longer-term flexibility aligns best with their financial goals. Evaluating your mortgage strategy based on recent rate movements can optimize cost savings and risk management amid evolving market conditions.
Randolph Brooks
On August 22, 2025, 15-year fixed refinance rates remain at a stable 5.75%, unchanged from both one week and one month ago, maintaining the lowest yield spread among current offerings. Conversely, the 30-year fixed refinance rate holds at 6.625%, steady over seven days but reflecting a 12.5 basis points decrease compared to 30 days prior, indicating modest easing in long-term borrowing costs.
For members prioritizing lower interest expense and quicker payoff, the 15-year fixed option continues to offer cost-effective refinancing without recent volatility. The slight reduction in the 30-year fixed rate benefits borrowers seeking extended terms with improved affordability.
Members should evaluate their mortgage strategy considering these trends—those valuing rate stability may favor fixed-rate refinance loans, while others might explore options to optimize long-term financial outcomes amid current yield movements.
Zillow National Average
As the summer sun begins to fade, mortgage rates are following suit with some notable shifts. Today, the 15-Year Fixed Rate Jumbo experienced a sharp rise of 0.04%, while its counterpart, the 30-Year Fixed Rate Jumbo, held steady with only a slight increase of 0.01%. This mixed bag means first-time buyers should seize this moment to explore options—small rate drops can significantly impact monthly payments and overall costs. For example, just a 0.25% increase could add thousands to a 30-year mortgage.
Refinancers might find opportunities here too, as even minor fluctuations can influence long-term savings. Investors should keep an eye on rental yields and long-term appreciation amidst these changes.
Now may be the time to lock in your rates before potential hikes; consult with a mortgage advisor to navigate your best options. With whispers of future Fed rate hikes, staying informed is crucial as market conditions evolve—don’t let today’s potential savings slip away!
Federal Reserve Economic Trends
As the U.S. economy navigates shifting waters, today’s mortgage rates tell a compelling story. The Mortgage 30Yr VA Average Rates saw the largest 7-day increase, climbing by 0.12 points, hinting at a tightening market for buyers and investors alike. This uptick underscores how inflation expectations—currently stable at around 2.39% for 10-year breakeven rates—can impact borrowing costs.
Even a modest rise in interest rates can significantly affect monthly payments on long-term loans. For example, an increase of just 0.25% on a $300,000 mortgage translates to about $50 more per month, adding up to thousands over the life of the loan.
With Mortgage 30Yr USDA Average Rates falling by 0.13 points in the past month, first-time buyers might find an opportunity to secure better terms. However, keeping an eye on inflation trends and upcoming Federal Reserve decisions is crucial.
For those contemplating refinancing or purchasing, now may be the time to act. Consulting with a mortgage advisor can provide tailored insights to navigate this landscape effectively. Stay alert—economic shifts could mean changes in mortgage rates ahead!
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
Looking ahead, it pays to keep an eye on these small shifts—they might seem minor, but even a quarter-point change can add up to hundreds of dollars over time. With the lowest 15-year fixed refinance rate holding steady at 5.125% from Digital Credit Union and national averages showing mixed movement, now is a prime moment to weigh your options carefully. If you’re buying or refinancing soon, consider how today’s rates fit into your long-term financial story. A slightly lower rate can shorten your loan term or free up cash for renovations or savings. And if you’re feeling unsure about timing, remember that steady inflation signals no abrupt surprises on the horizon—giving you room to plan confidently rather than rush blindly. Your best bet? Talk with your lender about locking in rates that suit your budget and goals because securing stability today can turn into peace of mind tomorrow. After all, it’s not just about numbers—it’s about making your house truly feel like home.