September 24, 2025 | Lowest Conventional 15-Year Fixed Rate at 4.875% Today

On September 24, 2025, the 15-Year Fixed Purchase mortgage rate at CREDIT UNION WEST increased by 25 basis points, reaching a yield of 5.25% with 0.875 points. This marks a notable rise from last week’s rate of 5.00%, reflecting tightening yield spreads and higher borrowing costs for short-term fixed loans. For members considering home purchases, especially those prioritizing shorter loan terms, this increase may impact monthly payment calculations and overall affordability. First-time buyers should carefully assess budget flexibility, while others might evaluate whether locking in current rates aligns with their financial strategy. Given the upward trend in fixed-rate products, members seeking predictability may consider fixed-rate options now to mitigate future volatility. Consider refinancing if projected savings outweigh associated closing costs.

For details, visit https://www.cuwest.org/borrowing/mortgages/purchasing-a-home.

As of September 24, 2025, the FHA 30 Year Fixed Purchase mortgage rate stands at 5.49% with 1.25 points, marking an increase of 11.5 basis points compared to one week ago. This rise reflects a modest uptick in borrowing costs after recent stability. Compared to 30 days prior, rates have decreased by 13.5 basis points, indicating some easing over the month.

For first-time buyers relying on FHA-backed loans, this means slightly higher monthly payments than last week, though still more favorable than rates seen two months ago. Borrowers seeking predictable payments may continue to benefit from fixed terms despite recent fluctuations. Members should evaluate how short-term rate increases affect affordability and consider locking in rates if they prioritize payment stability.

Given these dynamics, it is prudent to review your mortgage strategy regularly and consider refinancing options if long-term savings outweigh associated costs. For details, visit https://www.desertfinancial.com/en/rates#a_ref_2187.

As of September 24, 2025, FHA 15-Year Fixed Purchase rates stand at 5.00%, marking a notable increase of 25 basis points compared to one week ago, while decreasing by the same margin over the past 30 days. This shift signals a recent rise in short-term borrowing costs for buyers prioritizing quicker loan payoff and lower interest exposure. Meanwhile, the FHA 30-Year Fixed Purchase rate is at 5.625%, up by 12.5 basis points week-over-week but down 50 basis points from 30 days prior, indicating some easing in longer-term fixed borrowing costs despite recent upward pressure.

These fluctuations influence affordability differently; first-time homebuyers may face increased monthly payments on shorter-term loans due to recent rate hikes, while those considering longer terms might still benefit from lower yields relative to a month ago. Members should evaluate their mortgage strategy carefully, consider fixed-rate options for payment stability or assess refinancing opportunities if potential savings exceed associated costs.

For details, visit https://www.ent.com/rates/#:~:text=Mortgage%20purchase%20rates

As of September 24, 2025, the 30-year Fixed FHA Purchase mortgage rate remains steady at 5.25%, unchanged from one week ago. This represents a notable decline of 37.5 basis points compared to 30 days prior, indicating a reduced cost of borrowing for eligible buyers. For first-time homebuyers and those seeking government-backed financing, this stable rate environment supports predictable monthly payments and mitigates interest rate risk. Veterans and other borrowers considering FHA loans should monitor these trends as yield spreads have compressed over the past month. Given the current stability, members valuing long-term certainty may find fixed-rate FHA purchase loans at 5.25% advantageous. It is prudent to evaluate your mortgage strategy regularly and consider refinancing only if potential savings outweigh associated costs. For details, visit https://fccu.org/rates/home-loan-rates.

As of September 24, 2025, the 15 Year Fixed FHA Mortgage remains steady at 5.00%, marking a 25 basis points decrease over the past 30 days. Similarly, the 30 Year Fixed FHA Mortgage holds at 5.375%, also reflecting a 25 basis points decline compared to one month ago. These lower yields reduce borrowing costs for first-time buyers and those seeking long-term affordability under government-backed programs. Stability in rates over the past week suggests limited short-term volatility, benefiting members prioritizing predictable payments. Veterans and refinance candidates should note these trends when evaluating loan options; fixed-rate FHA mortgages offer cost certainty amid shifting market conditions. Consider fixed-rate loans if payment stability is a priority, and evaluate refinancing opportunities where interest savings exceed associated fees.

For details, visit https://www.gwcu.org/rates/homeloans.

On September 24, 2025, the 30-year Fixed FHA Purchase Loan shows a rate increase to 5.25%, rising by 12.5 basis points compared to one week ago. This upward movement slightly raises the cost of borrowing for first-time buyers and those relying on government-backed financing, potentially impacting monthly payments and overall affordability. Veterans and refinance applicants should note that no VA or refinance rates are currently listed, emphasizing limited options today in these categories. Members seeking stable payment structures might consider locking in fixed rates promptly due to this modest yield spread expansion. Evaluating your mortgage strategy with an eye on rate trends can help optimize long-term financial outcomes; specifically, weigh refinancing only if projected savings surpass associated costs. For details, visit https://www.penfed.org/mortgage/mortgage-rates?_ga=GA1.1.113342144.1749209030&mcid=44478617903031329443022793571867311851.

As of September 24, 2025, 15-Year Fixed Purchase loans are offered at a rate of 4.875%, marking an increase of 12.5 basis points compared to last week. Meanwhile, the 30-Year Fixed Purchase mortgage stands at 5.375%, also up by 12.5 basis points over the same period. These upward shifts in rates indicate a modest rise in the cost of borrowing for homebuyers opting for fixed-rate terms.

For members prioritizing predictability and long-term planning, the 15-Year Fixed option at 4.875% remains the lowest rate available today, potentially benefiting those seeking to minimize interest expenses over time despite slightly higher monthly payments. Conversely, the 30-Year Fixed mortgage at 5.375% provides extended amortization but with increased yield spreads relative to last week.

Given these movements, members should carefully evaluate their mortgage strategies; consider locking in fixed rates if stability is paramount or reassess refinancing opportunities when potential savings exceed associated costs. For details, visit https://www.p1fcu.org/personal/mortgage-rates.

As of September 24, 2025, FHA 15-year fixed purchase loans hold the lowest rate at 5.125%, unchanged over the past week but down by 37.5 basis points compared to 30 days ago. This reduction lowers the cost of borrowing for buyers seeking shorter-term financing with stable payments. Meanwhile, the FHA 30-year fixed purchase rate remains steady at 6.0%, also unchanged week-over-week and down by 25 basis points from one month prior, offering long-term affordability benefits for members prioritizing lower monthly payments.

For first-time homebuyers or those focused on budget certainty, these stable yet improved rates suggest evaluating fixed-rate options to lock in favorable yields. Given recent trends, members should consider their refinancing strategies carefully; even modest rate declines can translate into meaningful savings over loan terms.

For details, visit https://www.schoolsfirstfcu.org/rates/mortgage-purchase/.

As of September 24, 2025, 15-Year Fixed Rate Purchase loans offer the lowest yield at 5.25%, down 25 basis points from last week and 37.5 basis points below the rate 30 days ago. This reduction lowers the cost of borrowing for members seeking shorter-term fixed options, benefiting those aiming to build equity faster with predictable payments. Meanwhile, the 30-Year Fixed Rate Purchase loans stand at 5.625%, a decline of 25 basis points over the past week and nearly 37 basis points compared to a month ago, easing long-term financing costs.

Members evaluating mortgage strategies should consider these declining rates; locking in a fixed rate may provide payment stability amid market fluctuations. For those balancing affordability and term length, assessing the trade-offs between the 15- and 30-year options is prudent. Consider refinancing if potential savings surpass associated fees to optimize long-term financial outcomes.

For details, visit https://wsecu.org/loans/mortgage-purchase.

As of September 24, 2025, mortgage rates reflect a mixed trend. The 15-Year Fixed Rate Jumbo has decreased to 6.194%, down by 1 basis point from yesterday and 5 basis points over the past week. In contrast, the 30-Year Fixed Rate Jumbo has risen slightly to 6.402%, an increase of 1 basis point from the previous day. Over the last month, the 15-Year Fixed Rate Jumbo has decreased by 17 basis points, while the 30-Year Fixed Rate Jumbo remains relatively stable with a minor decline of 2 basis points. Borrowers should consider these fluctuations in rates when evaluating their mortgage options, particularly noting that the lowest rate currently available is for the 15-Year Fixed Rate Jumbo at 6.194%.

Recent trends in breakeven inflation rates suggest a stable outlook, with the 10-year rate at 2.370% and the 5-year rate at 2.420%, indicating modest inflation expectations. However, mortgage rates are showing significant fluctuations; for instance, the Mortgage 30Yr Average Rates have dropped by 6.74 points over the past 60 days, while the 30Yr Jumbo Average Rates increased by 0.23 points in the last week. The lowest recorded mortgage rate is for the 15-Year Average Rates, which remains at 0.000%, highlighting potential opportunities for borrowers seeking stability. Understanding these changes is crucial for borrowers, as they directly affect borrowing costs and financial planning strategies moving forward.

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