Introduction
As of September 12, 2025, mortgage rates are showing a welcome dip, offering a breath of fresh air for those considering refinancing or buying a home. After weeks of steady numbers, many credit unions are trimming their rates, with some notable drops on 15- and 30-year fixed loans. For example, Credit Union A recently lowered its 15-year fixed refinance rate to 5.125%, down from 5.5% just a week ago — that’s a meaningful move that could save homeowners hundreds each month. Zillow’s jumbo loan averages also slid slightly this week, with the 30-year fixed jumbo rate easing to 6.314%. Meanwhile, the Federal Reserve's inflation indicators hint at modest easing pressures, which typically helps keep mortgage rates more favorable. Whether you’re refinancing or stepping into your first home, these shifts signal an opportune moment to act. Here’s what you need to know before locking in a rate — knowing where the lowest rates lie can make all the difference in your long-term financial comfort.
Refinance - Conventional 15 yrs Fixed
Lender
2025-09-12
(Current Day)
(Current Day)
2025-09-05
(7 Days Ago)
(7 Days Ago)
2025-08-28
(15 Days Ago)
(15 Days Ago)
2025-08-13
(30 Days Ago)
(30 Days Ago)
2025-07-29
(45 Days Ago)
(45 Days Ago)
2025-07-14
(60 Days Ago)
(60 Days Ago)
2025-06-14
(90 Days Ago)
(90 Days Ago)
5.50%
5.75%
+25 bps
5.75%
+25 bps
5.75%
+25 bps
5.75%
+25 bps
6.00%
+50 bps
5.38%
5.25%
-12.5 bps
5.50%
+12.5 bps
5.63%
+25 bps
5.75%
+37.5 bps
5.75%
+37.5 bps
5.00%
5.13%
+12.5 bps
5.13%
+12.5 bps
5.25%
+25 bps
5.38%
+37.5 bps
5.38%
+37.5 bps
5.25%
5.63%
+37.5 bps
5.63%
+37.5 bps
5.63%
+37.5 bps
5.63%
+37.5 bps
5.63%
+37.5 bps
Refinance - Conventional 30 yrs Fixed
Lender
2025-09-12
(Current Day)
(Current Day)
2025-09-05
(7 Days Ago)
(7 Days Ago)
2025-08-28
(15 Days Ago)
(15 Days Ago)
2025-08-13
(30 Days Ago)
(30 Days Ago)
2025-07-29
(45 Days Ago)
(45 Days Ago)
2025-07-14
(60 Days Ago)
(60 Days Ago)
2025-06-14
(90 Days Ago)
(90 Days Ago)
6.13%
6.38%
+25 bps
6.38%
+25 bps
6.38%
+25 bps
6.50%
+37.5 bps
6.75%
+62.5 bps
5.88%
6.13%
+25 bps
6.13%
+25 bps
6.38%
+50 bps
6.38%
+50 bps
6.38%
+50 bps
A+ FEDERAL CREDIT UNION
On September 12, 2025, 15-Year Fixed Refinance and 30-Year Fixed Refinance rates for Conventional loans have shown notable declines. The 15-Year Fixed Refinance rate dropped by 37.5 basis points to 5.125%, now representing the lowest yield among today's offerings. Similarly, the 30-Year Fixed Refinance rate decreased by 37.5 basis points over the past week and 50 basis points month-over-month, settling at 5.875%.
These reductions in cost of borrowing improve refinancing affordability for homeowners seeking shorter or longer-term commitments. Borrowers aiming to reduce monthly payments or accelerate equity growth may find these lower fixed yields advantageous. Given current rate trends, members should evaluate refinancing strategies carefully, particularly if locking in stability with fixed-rate terms aligns with their financial goals. Staying informed on yield spreads can aid in optimizing mortgage decisions amid evolving market conditions.
AFFINITY PLUS FEDERAL CREDIT UNION
On September 12, 2025, conventional refinance mortgage rates show a notable decline. The 15-year fixed-rate conventional loan decreased by 25 basis points, now at 5.5%, marking the lowest rate available today. Similarly, the 30-year fixed-rate conventional refinance dropped by 25 basis points to 6.125%. These yield spread compressions reduce the overall cost of borrowing for homeowners considering refinancing, potentially lowering monthly payments and total interest outlay. Borrowers focused on long-term stability may benefit from locking in current fixed rates, while those evaluating cash flow should assess term length impacts carefully. Given this downward trend, members are advised to evaluate refinancing options to optimize their mortgage strategy in response to these improved rate conditions.
CITADEL FEDERAL CREDIT UNION
On September 12, 2025, Conventional Refinance rates show nuanced shifts. The 15 Year Easy Refinance Rate rose by 12.5 basis points to 5.375%, reflecting a modest uptick in borrowing costs over the past week but remains 25 basis points lower than 30 days ago, indicating easing yield spreads for shorter-term refinances. Meanwhile, the 30 Year Easy Refinance Rate held steady at 6.25% compared to last week but is down 50 basis points from 30 days prior, suggesting improved affordability for long-term refinancing.
Members considering refinancing should evaluate the trade-offs between rate stability and term length. For those prioritizing predictable payments, the lower fixed 15-year rate may offer cost savings despite recent increases. Conversely, the stable 30-year rate presents opportunities to lock in favorable long-term financing amid fluctuating market conditions. Careful assessment of current rates against individual financial goals remains essential.
DIGITAL FEDERAL CREDIT UNION
On September 12, 2025, Conventional Refinance rates show a downward trend. The 15-Year Fixed rate decreased by 12.5 basis points to 5.00%, the lowest available rate today, improving borrowing cost for those seeking shorter-term refinancing. Meanwhile, the 30-Year Fixed Rate fell by 25 basis points to 5.75%, reducing long-term yield spreads and potentially lowering monthly payments.
For members refinancing their mortgages, these rate declines signal an opportunity to reassess loan terms—particularly for those valuing stability with fixed-rate options. First-time buyers should note that refinancing trends can influence market rates broadly, impacting purchase loan pricing indirectly.
Given these movements, members are encouraged to evaluate refinancing strategies carefully and consider locking in competitive fixed rates to optimize long-term financial outcomes.
ENT CREDIT UNION
On September 12, 2025, the 15-Year Fixed-Rate Conventional Refinance mortgage holds steady at 5.375%, showing no change over the past week. This stability in rate means predictable borrowing costs for members prioritizing shorter-term refinancing without additional upfront points.
Meanwhile, the 30-Year Fixed-Rate Conventional Refinance rate decreased by 12.5 basis points to 6.125%, improving affordability for those seeking longer repayment terms. This narrowing yield spread may benefit borrowers aiming to reduce monthly payments or extend loan duration.
Members considering refinancing should evaluate how these shifts affect their cost of borrowing and long-term financial goals. Those valuing rate certainty might prefer fixed-rate options like the unchanged 15-year product, while others could leverage the recent dip in 30-year rates to optimize cash flow and overall mortgage strategy.
HAWAII STATE FEDERAL CREDIT UNION
On September 12, 2025, Conventional Refinance mortgage rates show a downward adjustment. The 15-year fixed refinance rate decreased by 12.5 basis points, now at 4.75% with 1.625 points, reflecting reduced borrowing costs for shorter-term refinancing. Similarly, the 30-year fixed refinance rate declined by 12.5 basis points to 5.875% with 1.375 points, representing the most accessible long-term rate currently available.
These shifts may benefit homeowners aiming to lower monthly payments or total interest through refinancing. Borrowers prioritizing rate stability might consider fixed-rate options given these favorable yields. Evaluating your mortgage strategy in light of these yield spreads can help optimize financing costs over your loan term, especially if refinancing within the conventional market segment aligns with your financial goals.
KNOXVILLE TVA EMPLOYEES CREDIT UNION
As of September 12, 2025, the 15-Year Fixed-Rate Conventional Refinance remains steady at 5.25%, showing no change over the past week but a notable 12.5 basis points decrease compared to 30 days ago. This stability benefits borrowers seeking to reduce their loan term without increased borrowing costs. Meanwhile, the 30-Year Fixed-Rate Conventional Refinance has declined by 25 basis points in one week to 5.875%, marking a substantial 50 basis points drop over 30 days. This decline enhances affordability for long-term refinancers by lowering monthly payments and total interest expense. Members prioritizing rate certainty may consider fixed-rate products given these downward yield spreads, while evaluating refinancing strategies could optimize cost savings in a fluctuating market environment.
LANGLEY FEDERAL CREDIT UNION
As of September 12, 2025, Langley reports stable mortgage rates in the refinance market. The 30-year Conventional Refinance rate remains steady at 4.99%, showing no change over the past 7 and 30 days, indicating consistent borrowing costs for long-term refinancing. Meanwhile, the 15-year Conventional Refinance rate has decreased by 37.5 basis points, now at 5.25%, representing a notable reduction in yield spreads that can lower monthly payments and total interest for borrowers seeking shorter terms.
For members considering refinancing, especially those aiming to shorten loan duration and reduce interest expense, the decline in the 15-year rate offers a cost-effective opportunity. Conversely, borrowers prioritizing payment stability might find the unchanged 30-year fixed rate suitable. Evaluating these movements carefully can inform your mortgage strategy to optimize long-term financial outcomes.
NAVY FEDERAL CREDIT UNION
As of September 12, 2025, refinance rates at Navy Federal Credit Union show a downward trend. The 15-year Conventional Fixed refinance rate decreased by 12.5 basis points, now at a competitive 4.875% with 0.25 points, marking the lowest rate in this update. Similarly, the 30-year Homebuyers Choice Loan refinance rate dropped by 12.5 basis points to 6.5% with 0.5 points. These tighter yield spreads reduce the cost of borrowing for members seeking to refinance, potentially lowering monthly payments and overall interest expense.
Members weighing refinancing options should consider locking in fixed-rate products for predictable payments amid current market shifts. Evaluating these declines can guide strategic decisions, particularly for those aiming to optimize long-term mortgage costs or adjust their loan terms to better suit financial goals.
WINGS FINANCIAL CREDIT UNION
On September 12, 2025, conventional refinance mortgage rates remain steady compared to last week, with the 15-year fixed-rate loan holding at 5.125% and the 30-year fixed-rate loan stable at 6.00%. Over the past 30 days, both terms have decreased by 37.5 basis points, reducing the overall cost of borrowing for homeowners seeking to refinance.
For members prioritizing lower monthly payments or long-term budgeting certainty, the 15-year fixed refinance option at 5.125% presents the lowest yield spread, potentially lowering interest expenses over time. Those considering longer amortization may find the 30-year fixed rate at 6.00% advantageous given recent downward trends.
Evaluating your mortgage strategy with these current rates can help optimize financing costs—consider fixed-rate loans if you value payment stability or assess refinancing opportunities to capitalize on recent rate declines and reduce long-term interest obligations.
Zillow National Average
As the mortgage landscape continues to shift, today’s rates tell a compelling story of subtle changes and potential opportunities. The 30-Year Fixed Rate Jumbo saw a slight uptick of 0.01% from yesterday, while over the past week, it has experienced a more notable decline of 0.06%. These small shifts can make a significant impact: even a minor increase can add tens of thousands to a borrower’s total interest over the life of a loan.
For first-time buyers, this is a crucial moment to consider locking in rates before they potentially rise again. Refinancers might find value in today's slight increases as they weigh their options against future rate hikes. Investors should remain vigilant, as these changes could affect rental yields and long-term appreciation.
With Zillow's reliable data at your fingertips, now may be the time to act—don’t let these small fluctuations slip away unnoticed. Speak with a mortgage advisor today to navigate your best options. Stay informed as market conditions evolve; with the Fed hinting at future rate adjustments, every day counts!
Federal Reserve Economic Trends
As we navigate the evolving economic landscape, today’s data reveals a noteworthy shift in mortgage rates, particularly for the 30-Year VA Average Rates, which have dropped by 0.29 points over the past month. This decline is significant, especially for buyers looking to lock in favorable terms.
With inflation expectations subtly influencing interest rates, we see a stable Breakeven Inflation Rate at 2.340%, indicating that while inflation remains steady, it’s not escalating dramatically. For instance, even a small increase in mortgage rates can significantly impact your monthly payments—on a $300,000 loan, just a 0.25% hike can cost you an additional $45 monthly.
For first-time buyers and refinancers alike, now might be an optimal time to consult with a mortgage advisor and consider locking in current rates before any potential Fed decisions shift the market again. Stay vigilant; every basis point counts!
Keep an eye on these trends as they unfold; understanding them can empower your financial decisions moving forward.
LendMesh
Sometimes, the best financial decisions are the ones you make with support and knowledge. That’s what LendMesh brings to the table for every homebuyer. Our platform was inspired by countless real-world stories—parents saving for a forever home, recent grads starting out, and even retirees downsizing to something just right. We partner with a trusted network of banks and credit unions to keep our rate comparisons honest and up to date. No matter your journey, our advisors have walked alongside buyers just like you, offering tools, tips, and a listening ear. Ready to see what’s possible in today’s market? Visit our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans and let’s plan your next move with confidence.
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Conclusion
Looking ahead, even small declines in mortgage rates—like the quarter-point drops we’ve seen recently—can translate into real savings over time. For instance, shaving just a fraction off your interest rate on a 30-year loan can lower your monthly payment by tens or even hundreds of dollars, freeing up cash for other priorities or helping you pay off your home sooner. If you’re in the market to refinance or buy, consider exploring options at credit unions like Hawaiistatefcu and Digital Credit Union, which offer competitive fixed-rate loans around the mid-4% to low-5% range on shorter terms. Staying informed about shifts in national averages from trusted sources like Zillow and FRED will help you spot trends early and seize opportunities before rates creep back up. Remember, timing is personal—trust your instincts but lean on data to guide decisions that feel right for your family’s future. With today’s encouraging rate moves and easing inflation signs, now might just be the perfect time to take that next step toward financial peace of mind with a smart mortgage choice.