Introduction
August 23, 2025 — If you’ve been keeping an eye on mortgage rates lately, today brings a mix of stability and small shifts that could impact your homebuying or refinancing plans. Whether you’re hunting for the perfect starter home or eyeing that investment property, knowing where rates stand can make a world of difference. The good news? Some adjustable-rate mortgages (ARMs) from credit unions are holding steady or even dipping slightly, like Northwest Credit Union’s 3/3 ARM at 5.25%, offering a competitive option for buyers comfortable with variable terms. On the fixed side, Zillow reports the 30-year jumbo fixed rate nudged up just a smidge to 6.42%, while Federal Reserve data shows national averages mostly steady, with minor fluctuations in inflation expectations hinting at what’s ahead. If locking in means balancing today’s rates with tomorrow’s economic moves, here’s what you need to know before making that call.
New Purchase - Adjustable
Lender
Term
2025-08-23
(Current Day)
(Current Day)
2025-08-16
(7 Days Ago)
(7 Days Ago)
2025-08-08
(15 Days Ago)
(15 Days Ago)
2025-07-24
(30 Days Ago)
(30 Days Ago)
2025-07-09
(45 Days Ago)
(45 Days Ago)
2025-06-24
(60 Days Ago)
(60 Days Ago)
2025-05-25
(90 Days Ago)
(90 Days Ago)
5 yrs
7 yrs
5.25%
5.50%
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
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%
5.00%
5.00%
5.25%
5.50%
5.75%
6.00%
N/A
N/A
N/A
N/A
3 yrs
5 yrs
7 yrs
10 yrs
5.25%
5.38%
5.50%
6.00%
5.38% +12.5 bps
5.50% +12.5 bps
5.63% +12.5 bps
6.13% +12.5 bps
5.25%
5.38%
5.50%
6.00%
5.63% +37.5 bps
5.75%
5.88%
6.38%
5.88% +62.5 bps
6.00% +25 bps
6.13% +25 bps
5.88% +62.5 bps
6.00% +25 bps
6.13% +25 bps
6.25% +100 bps
6.38% +62.5 bps
6.50% +62.5 bps
5 yrs
5.5 yrs
6.5 yrs
30 yrs
5.00%
5.25%
5.50%
5.00%
5.25%
5.50%
5.00%
5.25%
5.50%
5.13%
5.38%
5.63%
5.25%
5.38%
5.75% +12.5 bps
N/A
N/A
AFFINITY PLUS FEDERAL CREDIT UNION
On August 23, 2025, the 7/6m ARM Adjustable-Rate, Conventional Purchase mortgage remains steady at 5.5%, unchanged over the past week and month. This stability in yield spreads means the cost of borrowing has held firm at current levels. For potential homebuyers considering adjustable-rate options, this consistent rate environment may offer predictable initial payments before adjustments begin. Veterans and first-time buyers should note that while ARM rates are stable, evaluating fixed-rate alternatives could provide long-term payment certainty. Given no recent rate movement, members should assess refinancing opportunities to optimize their mortgage terms and consider locking in rates if market volatility increases. Maintaining awareness of basis point trends supports informed mortgage strategy decisions aligned with individual financial goals.
BAXTER CREDIT UNION
On August 23, 2025, the 5/1 Year Adjustable Rate Mortgage (ARM) for purchase loans remains steady at a rate of 5.00% with 1.000 point. This reflects no change over the past week but marks an increase of 12.5 basis points compared to 30 days ago, indicating a modest rise in borrowing costs. For buyers considering adjustable options, this slight uptick affects initial yield spreads and could influence short-term affordability.
First-time buyers should assess potential payment adjustments after the fixed period, while veterans and those with stable incomes might find value in this ARM’s current pricing despite recent increases. Given the incremental rate movement, members are advised to evaluate refinancing strategies or consider fixed-rate alternatives if seeking long-term payment stability amid evolving market conditions.
EASTRISE FEDERAL CREDIT UNION
On August 23, 2025, the 7-year adjustable rate mortgage (ARM) for purchase loans remains at a steady 6.125%, showing no change over the past 7 days. However, compared to 30 days ago, this represents a significant increase of 100 basis points, reflecting rising borrowing costs over the last month. This yield spread expansion may impact buyers’ monthly payments and overall affordability, particularly for those sensitive to interest rate fluctuations. First-time homebuyers should carefully evaluate their long-term financial plans given the upward trend, while veterans and other eligible groups might consider fixed-rate alternatives if prioritizing payment stability. Members considering adjustable products are advised to monitor rate movements closely and assess refinancing options to mitigate potential cost increases.
NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION
On August 23, 2025, adjustable-rate mortgages (ARMs) for new purchases at Newport News Shipbuilding Employees Credit Union remain stable across all terms. The 15-year and 10-year (3-year ARM) programs hold the lowest rates at 5.00%, unchanged from one week ago, indicating no increase in yield spreads or borrowing costs for short-term adjustable options. The 20-year (3-year ARM) rate stays steady at 5.25%, while the 30-year (10-year ARM) remains at 6.00%, reflecting consistent market conditions without recent volatility.
For members prioritizing initial lower payments, these unchanged ARMs maintain predictable cost structures in the near term. First-time buyers and those seeking flexibility should monitor potential rate adjustments post-fixed periods. Given current stability, members may consider locking in these rates or evaluating fixed-rate alternatives if long-term payment certainty is preferred. Staying informed on ARM resets is crucial to optimizing mortgage strategy amid evolving market dynamics.
NORTHWEST FEDERAL CREDIT UNION
On August 23, 2025, 3/3 Adjustable Rate Mortgage for purchase leads with the lowest rate at 5.25%, down 12.5 basis points from last week and 37.5 basis points from 30 days ago, reflecting a modest easing in borrowing costs. Other adjustable options—SOFR 5 Year ARM Conforming (5.375%), SOFR 7 Year ARM Conforming (5.5%), and SOFR 10 Year ARM Conforming (6.0%)—also declined by 12.5 bps over the week and 37.5 bps month-over-month, indicating a consistent downward trend across longer terms.
These reductions enhance affordability for buyers opting for adjustable rates, particularly benefiting those prioritizing initial lower payments or planning to refinance within adjustment periods. Members should evaluate their mortgage horizon carefully; shorter-term ARMs offer yield spread advantages now, while longer-term borrowers might assess fixed alternatives for cost stability amid rate fluctuations.
Given these shifts, consider reviewing your mortgage strategy to balance immediate savings against future rate risk exposure.
NUVISION FEDERAL CREDIT UNION
As of August 23, 2025, the 30-year Adjustable 5/5 ARM Conforming Purchase loan remains steady at a competitive rate of 5.5% with 1.25 points. This unchanged rate over the past week indicates stable yield spreads and borrowing costs in this segment. For prospective homebuyers considering an adjustable-rate mortgage, this consistency supports predictable initial payments, though future resets should be monitored closely.
Members prioritizing short-term affordability may find the 5/5 ARM suitable, while those seeking long-term predictability should evaluate fixed-rate alternatives if available. Given the current stability, it is advisable to review refinancing strategies regularly to optimize loan terms aligned with market movements and personal financial goals.
TRUSTONE FINANCIAL CREDIT UNION
On August 23, 2025, the 7/1 ARM Conforming Adjustable-Rate Mortgage (ARM) for new purchases remains steady at a competitive 6.00%, unchanged from one week ago. This stability in yield spreads suggests no immediate cost increase in borrowing for buyers favoring adjustable terms. First-time buyers and investors seeking lower initial rates can benefit from this consistency, while those prioritizing payment predictability might consider fixed-rate alternatives elsewhere. With no rate movement over the past seven days, members should closely monitor market trends to optimize timing. Evaluating mortgage strategies—such as locking in current rates or considering refinancing when spreads shift—remains crucial to managing long-term financing costs effectively.
Zillow National Average
As we dive into today's mortgage landscape, one thing is clear: the market is showing signs of both stability and subtle shifts. Mortgage rates remain unchanged today, with the 15-Year Fixed Rate Jumbo holding steady at 6.410%, while it experienced a sharp rise of 0.18% over the past week. For first-time buyers, these small fluctuations can be pivotal; even a quarter-point change can impact monthly payments significantly—potentially adding thousands to your total loan cost over 30 years.
If you’re considering refinancing or investing in property, now might be the time to act. Locking in these rates could save you money in the long run, especially with the Federal Reserve hinting at future rate hikes. Always consult with a mortgage advisor to explore your best options and stay informed as conditions evolve. Don't miss out on today’s potential savings—the right moment could slip away quickly!
Federal Reserve Economic Trends
Daily U.S. Economic Update: Inflation and Mortgage Rates Trends
As we analyze today’s economic landscape, one noteworthy trend stands out: Mortgage 30-Year VA Average Rates have seen a modest rise of 0.07 points over the past week. This shift highlights how inflation expectations can influence borrowing costs, making it crucial for potential buyers to stay informed.
Currently, the Breakeven Inflation Rate for 10 years sits at 2.410%, unchanged from yesterday but slightly higher than last week’s figure. Such stability can indicate that inflationary pressures are easing, which could keep mortgage rates in check. For instance, even a small increase in rates can add hundreds to your monthly payment on a 30-year loan.
The most significant long-term move is seen in the Mortgage 30-Year Jumbo Average Rates, which have decreased by 0.35 points over the last 30 days—a potential opportunity for investors and homebuyers to secure favorable financing conditions.
For first-time buyers, now may be an ideal time to lock in low rates as they remain historically attractive despite recent fluctuations. On the other hand, long-term investors should closely monitor these trends to strategize their financing options effectively.
With the Federal Reserve's upcoming decisions on interest rates looming, it's essential to remain vigilant about these economic indicators. Consult with a mortgage advisor to understand how today's rates affect your specific situation and explore potential opportunities for savings or refinancing strategies.
Stay alert for changes in both inflation expectations and mortgage rates—your future financial decisions may depend on them! Remember, locking in a rate today could save you significantly tomorrow!
LendMesh
Ever notice how some homebuyers seem to breeze through the mortgage process? Their secret is knowledge—and that’s what LendMesh is here to provide. We combine transparent mortgage rate comparisons, educational tools, and access to respected banks and community credit unions. Our resources help you ask the right questions and avoid costly mistakes, whether you’re buying your first home or refinancing for a better deal. We’re passionate about helping you make informed, confident choices on your journey to homeownership. For the latest home loan tips, expert guidance, and rate comparisons, check out our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . your trusted path to a smarter mortgage.
Conclusion
As you weigh your options in this nuanced market, remember that even tiny rate changes—just a tenth of a percent—can add up to hundreds more or less each month on your mortgage payment. With adjustable rates like those at Northwest dipping slightly, it might be worth considering ARMs if you plan to move or refinance within a few years. For those leaning toward long-term stability, keep an eye on the 30-year fixed jumbo rates hovering around 6.42%; while not the lowest historically, they reflect a relatively steady environment amid shifting inflation signals. Above all, take comfort in knowing that staying informed and timing your lock-in carefully can save thousands over time. So whether you’re buying your first home or refinancing to build equity faster, approach your next step with confidence—and maybe a little patience—to make the most of these evolving opportunities.