Introduction
On September 29, 2025, mortgage rates show subtle shifts that could influence your next move in the housing market. Whether you’re a first-time buyer or looking to refinance, today’s data from Credit Unions, Zillow, and the Federal Reserve reveal some steady trends with a few notable rate changes. The lowest rate for a purchase loan is found at Hawaii State Credit Union with a 15-year fixed at 4.875%, offering a solid option for shorter-term financing. Meanwhile, Zillow reports the 30-year fixed jumbo rate edging up slightly to 6.374%, reflecting broader market movements. Inflation expectations remain stable, which might keep borrowing costs from jumping sharply. Here’s what you need to know before locking in a rate, small differences now can mean big savings over time.
New Purchase - Conventional 15 yrs Fixed
Lender
2025-09-29
(Current Day)
(Current Day)
2025-09-22
(7 Days Ago)
(7 Days Ago)
2025-09-14
(15 Days Ago)
(15 Days Ago)
2025-08-30
(30 Days Ago)
(30 Days Ago)
2025-08-15
(45 Days Ago)
(45 Days Ago)
2025-07-31
(60 Days Ago)
(60 Days Ago)
2025-07-01
(90 Days Ago)
(90 Days Ago)
5.13%
5.13%
5.25%
+12.5 bps
5.38%
+25 bps
5.63%
+50 bps
5.75%
+62.5 bps
5.63%
+50 bps
New Purchase - Conventional 30 yrs Fixed
Lender
2025-09-29
(Current Day)
(Current Day)
2025-09-22
(7 Days Ago)
(7 Days Ago)
2025-09-14
(15 Days Ago)
(15 Days Ago)
2025-08-30
(30 Days Ago)
(30 Days Ago)
2025-08-15
(45 Days Ago)
(45 Days Ago)
2025-07-31
(60 Days Ago)
(60 Days Ago)
2025-07-01
(90 Days Ago)
(90 Days Ago)
6.25%
6.13%
-12.5 bps
6.38%
+12.5 bps
6.75%
+50 bps
6.75%
+50 bps
6.75%
+50 bps
6.75%
+50 bps
6.00%
5.88%
-12.5 bps
5.88%
-12.5 bps
6.13%
+12.5 bps
6.25%
+25 bps
6.50%
+50 bps
6.50%
6.38%
-12.5 bps
6.38%
-12.5 bps
6.63%
+12.5 bps
6.63%
+12.5 bps
6.88%
+37.5 bps
5.88%
6.88%
+100 bps
7.00%
+112.5 bps
7.13%
+125 bps
6.50%
+62.5 bps
7.63%
+175 bps
7.50%
+162.5 bps
AFFINITY FEDERAL CREDIT UNION
As of September 29, 2025, 15-Year Fixed Rate Purchase loans stand at 5.125%, reflecting a modest increase of 12.5 basis points compared to last week but remain down by 62.5 basis points from 30 days ago. Similarly, the 30-Year Fixed Rate Purchase loan rose by 12.5 basis points week-over-week to 5.75%, also marking a decline of 62.5 basis points versus a month prior. These yield spread adjustments indicate a slight uptick in borrowing costs over the past week after a longer-term easing trend.
For members prioritizing shorter-term commitments, the 15-Year Fixed Rate offers lower overall interest despite recent increases, benefiting those seeking faster equity buildup. Meanwhile, first-time buyers or those needing extended terms might consider the 30-Year Fixed Rate, balancing monthly payment stability against rate fluctuations.
Given this data, members should evaluate their mortgage horizon and consider fixed-rate options if stability is a priority; alternatively, reviewing refinancing opportunities could reduce long-term costs if current rates align favorably with existing loans.
For details, visit https://www.affinityfcu.com/about-us/rates#:~:text=Mortgages,-Loan%20Type.
AFFINITY PLUS FEDERAL CREDIT UNION
As of September 29, 2025, the 30-Year 97% Purchase Fixed-Rate Conventional mortgage stands at 6.25%, marking an increase of 12.5 basis points compared to one week ago. Over the past 30 days, this rate has declined by 50 basis points, reflecting a notable easing in borrowing costs for homebuyers. This fixed-rate option offers predictability in monthly payments, which benefits first-time buyers seeking budget stability amid recent fluctuations. While veterans and refinance applicants are not represented in today’s data, prospective purchasers should assess the impact of this moderate short-term rise against the longer-term downward trend. Members may find value in locking fixed rates now if they prioritize payment certainty or reevaluating purchase timing given recent yield spread movements. For details, visit https://www.affinityplus.org/rates/mortgage-rates.
BAXTER CREDIT UNION
As of September 29, 2025, 15 Year Fixed purchase loans are holding steady at a competitive 5.25% with 0.875 points, unchanged from both last week and one month ago. This represents the lowest rate available today, maintaining a favorable yield spread compared to longer terms. Meanwhile, the 30 Year Fixed purchase rate remains at 6.00% with 0.875 points, stable over the past seven days but down by 25 basis points from 30 days prior, indicating a modest easing in long-term borrowing costs.
For members prioritizing predictable payments and lower total interest, the stable 15 Year Fixed option continues to offer cost efficiency. Those considering extended repayment may benefit from the recent decline in 30 Year Fixed rates; evaluating refinancing could reduce overall costs if rate differentials justify closing expenses.
Consider your mortgage strategy carefully; fixed-rate options provide certainty amid market fluctuations. For details, visit https://www.bcu.org/legal/rates?ids=Loans%2cMortgages.
EASTRISE FEDERAL CREDIT UNION
As of September 29, 2025, EASTRISE reports that the 15-Year Fixed Purchase mortgage holds the lowest rate at 5.75%, unchanged from one week ago but down by 12.5 basis points compared to 30 days prior. Conversely, the 30-Year Fixed Purchase mortgage rose by 12.5 basis points over the past week to 6.00%, though it remains slightly lower than a month ago by the same margin. These yield movements indicate a modest tightening in longer-term borrowing costs, which may affect affordability for new homebuyers prioritizing extended loan terms. Members seeking predictability might consider locking in a 15-year fixed rate, while those with longer horizons should evaluate if current rates justify refinancing or new purchase financing. Careful assessment of cost versus long-term savings is advised to optimize mortgage strategy. For details, visit https://www.eastrise.com/rates/mortgage/.
FIRST COMMONWEALTH FEDERAL CREDIT UNION
As of September 29, 2025, FIRST COMMONWEALTH reports stable mortgage rates for purchase loans in fixed-rate categories. The 15-year fixed purchase loan holds at 5.125% with 2.0 points, unchanged from one week ago, indicating no recent movement in yield spreads for shorter-term fixed financing. Meanwhile, the 30-year fixed purchase loan remains steady at 5.625% with 2.0 points, also showing no change over the past seven days.
These rates suggest consistent cost of borrowing for homebuyers prioritizing rate stability. First-time buyers and those planning long-term ownership might consider the 15-year fixed option, which currently offers the lowest rate and can reduce total interest expense despite higher monthly payments. For those seeking longer amortization, the 30-year fixed provides predictable payments without recent rate volatility.
Given the static rate environment, members should evaluate their mortgage strategy carefully; consider fixed-rate options if you value payment certainty or explore refinancing only if potential savings outweigh associated costs. For details, visit https://www.firstcomcu.org/rates/homeloans.html.
HAWAII STATE FEDERAL CREDIT UNION
As of September 29, 2025, Hawaii State credit union reports stable mortgage rates for purchase loans in fixed-rate categories. The 15-year fixed purchase loan holds steady at 4.875% with 2.0 points, showing no change from one week ago. Similarly, the 30-year fixed purchase loan remains unchanged at 5.875% with 2.0 points over the past seven days. These consistent yield spreads indicate no immediate shifts in borrowing costs for homebuyers seeking fixed terms.
For members prioritizing predictable payments and long-term budgeting, the 15-year fixed rate at 4.875% offers the lowest current yield, which may appeal to those aiming to minimize interest expense over time despite higher monthly payments. Conversely, the 30-year fixed at 5.875% provides extended amortization but at a higher rate, affecting overall financing costs.
Given the stable rate environment, members should evaluate their mortgage strategy carefully; consider fixed-rate options if you value payment stability or assess refinancing only if potential savings clearly exceed associated costs.
For details, visit https://hawaiistatefcu.com/personal/loans/home-loans/mortgage/#rates.
NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION
As of September 29, 2025, 15-Year Fixed Purchase mortgage rates remain steady at 6.00%, matching last week’s level with no change in yield spreads. This fixed rate option continues to offer the lowest borrowing cost among today's products, favoring members seeking predictable payments and faster equity build-up.
Conversely, the 30-Year Fixed Purchase rate rose by 12.5 basis points to 6.50% compared to seven days ago, though it decreased by 12.5 basis points relative to 30 days prior. This increase indicates slightly higher long-term financing costs for borrowers prioritizing lower monthly payments over shorter terms.
Members evaluating their mortgage strategy should consider fixed-rate options if stability is a priority; first-time buyers may benefit from locking in the stable 15-year rate. For those weighing refinancing, assess whether current rate shifts justify potential cost savings given your loan term and financial goals.
NORTHWEST FEDERAL CREDIT UNION
As of September 29, 2025, the 15 Year Fixed Rate Purchase mortgage remains steady at 5.125% with 1.0 point, reflecting no change over the past week but a decline of 25 basis points compared to 30 days ago. This stability benefits borrowers seeking shorter-term fixed-rate loans with predictable payments and lower overall interest costs.
Conversely, the 30 Year Fixed Rate Purchase mortgage has decreased significantly by 100 basis points from last week to 5.875% with 0.75 points, marking a substantial reduction of 125 basis points over the past month. This decline improves affordability for long-term borrowers, including first-time homebuyers aiming for manageable monthly payments.
Members evaluating mortgage options should consider these rate trends carefully; locking in a fixed rate could offer cost certainty amid market fluctuations, while refinancing might be advantageous if savings exceed associated fees. Monitoring yield spreads and borrowing costs remains crucial for informed decision-making.
NUVISION FEDERAL CREDIT UNION
On September 29, 2025, the 15-Year Conforming Fixed Purchase mortgage rate increased by 12.5 basis points to 5.125%, matching its level from 30 days ago but up slightly from last week’s 5.0%. This rise modestly raises the cost of borrowing for borrowers seeking shorter-term fixed loans. Meanwhile, the 30-Year Conforming Fixed Purchase rate held steady at 5.875%, unchanged over the past week and down 25 basis points from a month ago, indicating some easing in long-term yield spreads.
For members prioritizing rate stability, the 15-year fixed remains a competitive option despite recent upticks. First-time buyers and those locking in long-term financing may find value in the lower 30-year rate trend. Evaluating refinancing strategies could be beneficial if potential savings surpass associated costs.
For details, visit https://nuvisionfederal.com/lending/mortgage/rates.
ST. MARY'S BANK CREDIT UNION
On September 29, 2025, ST. MARY'S BANK reports a notable decline in the 15-Year Fixed Purchase mortgage rate to 5.125%, down by 100 basis points from one week ago. This reduction lowers the cost of borrowing for buyers seeking shorter-term fixed-rate loans, potentially benefiting those aiming to build equity faster with predictable payments. Meanwhile, the 30-Year Fixed Purchase (NH only) rate remains steady at 6.125%, maintaining yield stability over the past seven days.
First-time buyers prioritizing payment consistency may find the decreased 15-Year Fixed rate advantageous, while those requiring longer terms should note unchanged rates on the 30-Year Fixed option. Evaluating refinancing opportunities could be prudent for current borrowers facing higher rates previously.
Consider fixed-rate programs if you value payment certainty; weigh refinancing if your expected savings surpass associated costs. For details, visit https://www.stmarysbank.com/rates/mortgage-rates.
Zillow National Average
As of September 29, 2025, mortgage rates have shown a slight upward trend. The 15-Year Fixed Rate Jumbo increased to 6.232%, marking a rise of 2 basis points from the previous day and 6 basis points over the past week. Conversely, the 30-Year Fixed Rate Jumbo is at 6.374%, which is up by only 1 basis point from yesterday but has decreased by 1 basis point in the last month. This mixed movement suggests that borrowers may face slightly higher costs for fixed-rate loans, highlighting the importance of comparing options and locking in favorable rates when possible.
Federal Reserve Economic Trends
Current inflation expectations are reflected in the Breakeven Inflation Rates, with the 10-year rate at 2.380% and the 5-year rate at 2.420%. As mortgage rates have declined significantly, particularly the Mortgage 30Yr Jumbo Average Rates, which fell by 6.54 points today and 6.67 points over the past week, borrowers may find more favorable conditions for financing. The lowest recorded mortgage rate is currently 5.897% for 30-year VA loans. With these trends, potential homebuyers should consider locking in lower rates while they remain advantageous; however, remaining aware of inflation indicators is crucial as they can influence future borrowing costs.
LendMesh
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Conclusion
As mortgage rates hold steady with small weekly fluctuations, it’s worth paying close attention to the details that affect your bottom line. Even a quarter-point shift on a 30-year fixed loan can add hundreds to your monthly payment and thousands over the life of your mortgage. For buyers considering shorter terms, Hawaii State’s 4.875% 15-year fixed could be an efficient way to build equity faster without dramatically higher payments. Keep inflation trends in mind, they remain relatively stable but can influence future rates if they change unexpectedly. Whether purchasing or refinancing, shop around among local credit unions and national averages to find the best fit for your financial goals. Thoughtful timing and understanding these subtle changes help you make confident decisions in today’s evolving market.