October 1, 2025 | Fixed 15-Year Purchase Loan at a New Low of 4.875%

As of October 1, 2025, 30-year fixed purchase mortgage rates have decreased significantly by 75 basis points over the past week, now at 5.25% with 2.0 points. This reduction lowers the cost of borrowing for long-term homebuyers seeking rate stability. Meanwhile, the 15-year fixed purchase rate remains steady at 5.25% with 1.0 point, unchanged from last week and representing the lowest available rate option today. For members prioritizing lower overall interest expense and faster equity build-up, the stable 15-year fixed may be advantageous despite a similar nominal rate to the 30-year product.

Given recent yield shifts, first-time buyers should assess affordability within these prevailing rates, while those considering refinancing might explore locking in fixed terms to mitigate future volatility. Evaluating your mortgage strategy with a focus on current rate trends can optimize long-term financial outcomes.

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

As of October 01, 2025, FHA 15-Year Fixed Purchase rates have increased by 12.5 basis points, now at 5.125%, up from 5.0% a week ago but slightly lower by 12.5 basis points compared to 30 days prior. Meanwhile, the FHA 30-Year Fixed Purchase rate stands at 5.75%, reflecting a similar weekly rise of 12.5 basis points yet a notable decline of 37.5 basis points over the past month.

These fluctuations suggest a modest uptick in borrowing costs for short-term fixed FHA loans, which may impact first-time buyers seeking lower monthly payments through 15-year terms. Conversely, longer-term borrowers benefit from a downward trend in the 30-year FHA fixed rates over the last month, potentially reducing lifetime interest expenses.

Members should evaluate their mortgage horizon; those prioritizing payment stability might consider fixed-rate options despite recent increases, while others could assess refinancing opportunities if long-term savings exceed associated fees.

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

As of October 1, 2025, the 30-year Fixed FHA Purchase mortgage rate at FIRST COMMUNITY remains steady at 5.25%, unchanged from one week ago but down by 37.5 basis points compared to 30 days prior. This decline in yield spreads lowers the cost of borrowing for first-time homebuyers relying on government-backed loans. Veterans and refinancing applicants should note that no VA or refinance options are currently listed, focusing decisions on purchase loans. Members prioritizing rate stability may find the fixed FHA purchase rate at 5.25% favorable amid recent market fluctuations. Given this trend, consider evaluating your mortgage strategy, especially if your purchase timeline aligns with these rates or if refinancing could reduce long-term expenses.

For details, visit https://fccu.org/rates/home-loan-rates.

As of October 1, 2025, 15 Year Fixed FHA Mortgage purchase rates hold steady at 5.0%, unchanged from a week ago but down 12.5 basis points compared to 30 days prior. This rate remains the lowest among today’s offerings, favoring members seeking shorter-term, government-backed financing with predictable payments. The 30 Year Fixed FHA Mortgage rate also remains stable at 5.375%, showing no change over the past week and a decline of 25 basis points month-over-month. For first-time buyers and those relying on FHA programs, these yield spreads suggest a modest reduction in borrowing costs over the last month, enhancing affordability in fixed-rate options.

Members should consider fixed-rate FHA loans for long-term payment stability; evaluating refinancing opportunities may be beneficial if potential savings exceed associated costs.

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

On October 1, 2025, the 30-year FHA Fixed Purchase mortgage rate remains steady at 5.625%, with no change over the past week. This stability in rates indicates consistent borrowing costs for first-time homebuyers relying on government-backed loans. Since there is no movement in yield spreads or points, members considering an FHA purchase loan can expect predictable payment structures without increased financing expenses. For buyers prioritizing long-term fixed-rate security, this steady rate environment supports strategic planning without immediate pressure to lock in rates. Given this data, members should evaluate fixed-rate options if they value payment consistency and consider their purchase timing relative to market trends. For details, visit https://www.wellbyfinancial.com/loan/home-loans/#Rates.

As of October 1, 2025, the 15-year FHA fixed-rate purchase mortgage remains steady at 5.00%, showing no change over the past week and holding its position as the lowest rate available among FHA options. Similarly, the 30-year FHA fixed-rate purchase loan holds firm at 5.375%, unchanged from seven days ago. The stability in these rates implies consistent yield spreads and borrowing costs for members considering government-backed loans.

For first-time buyers or those seeking long-term financing with predictable payments, maintaining a fixed rate near current levels supports clearer budgeting without exposure to market volatility. Members evaluating refinancing should analyze whether locking in a 15-year FHA fixed loan at this rate aligns with their financial goals, especially if they prioritize accelerated principal reduction.

Given the current data, members may benefit from reviewing their mortgage strategies with a focus on fixed-rate FHA products, ensuring cost-effectiveness in line with personal timelines and risk tolerance. Consider refinancing only if projected savings exceed associated costs.

For details, visit https://www.macu.com/rates/home.

As of October 1, 2025, the 30-year Fixed FHA Purchase Loan remains steady at a rate of 5.25% with 1.0 point, showing no change over the past week. This stability in yield spreads implies consistent borrowing costs for first-time homebuyers and those utilizing government-backed financing options. While this rate matches last week’s figures, it is slightly elevated compared to mid-September rates near 5.125%, reflecting modest upward pressure on long-term fixed mortgage yields.

Members considering home purchases with FHA loans can expect predictable monthly payments due to the unchanged fixed rate environment. Given the absence of recent declines, it is advisable to evaluate whether locking in a fixed-rate FHA loan aligns with your financial strategy, especially if you prioritize payment certainty amid market fluctuations.

For details, visit https://www.penfed.org/mortgage/mortgage-rates?_ga=GA1.1.113342144.1749209030&mcid=44478617903031329443022793571867311851.

As of October 1, 2025, 15-Year Fixed Purchase mortgage rates remain steady at 4.875%, holding firm with no change over the past week. This rate represents the lowest cost of borrowing among available purchase options, beneficial for members seeking shorter-term stability and accelerated equity buildup. Meanwhile, the 30-Year Fixed Purchase mortgage rate is unchanged at 5.375%, maintaining a consistent yield spread relative to the 15-year term. For first-time buyers or those prioritizing manageable monthly payments, these static rates suggest stable borrowing costs without recent upward pressure.

Members should evaluate their mortgage strategies in light of these stable rates; consider fixed-rate options if predictability is a priority or explore refinancing only if potential savings exceed associated costs. For details, visit https://www.p1fcu.org/personal/mortgage-rates.

On October 1, 2025, FHA fixed-rate purchase loans showed stability in borrowing costs. The 15-year FHA fixed rate remains at 5.125%, unchanged from last week and down 37.5 basis points compared to 30 days ago, indicating a modest easing in yield spreads for shorter-term borrowers. The 30-year FHA fixed purchase rate also held steady at 6.0%, with no change over seven days and a decline of 25 basis points versus one month prior. These consistent rates suggest stable cost of borrowing for first-time buyers seeking government-backed options, with the 15-year FHA fixed loan offering the lowest current rate among available products. Members should consider fixed-rate options if they prioritize payment predictability or assess refinancing alternatives when potential savings outweigh associated fees. For details, visit https://www.schoolsfirstfcu.org/rates/mortgage-purchase/.

As of October 1, 2025, 15-Year Fixed Rate Purchase loans offer the lowest yield at 5.25%, reflecting a notable decline of 37.5 basis points compared to one week and one month ago. This reduction in cost of borrowing may benefit members prioritizing shorter-term commitments and faster equity build-up. Conversely, the 30-Year Fixed Rate Purchase loans remain steady at 5.625%, unchanged from last week but down by 36.5 basis points over 30 days, providing a stable option for those seeking predictable payments over a longer horizon. Members considering new purchases should evaluate whether locking in the current lower rates on shorter terms aligns with their financial goals, while those favoring extended amortization might maintain their strategy given recent stability. Assess your mortgage approach carefully; consider fixed-rate options if you value payment certainty or explore refinancing if potential savings outweigh associated costs. For details, visit https://wsecu.org/loans/mortgage-purchase.

As of October 1, 2025, mortgage rates have generally increased, with the 15-Year Fixed Rate Jumbo rising to 6.334%, up 21 basis points from yesterday and 23 basis points over the past week. The 30-Year Fixed Rate Jumbo also saw an increase to 6.471%, reflecting a 16 basis point rise in just one day. Borrowers should note that these upward trends could indicate higher costs of borrowing, affecting affordability for new loans. With the current environment, it may be beneficial to assess financial readiness and explore options before committing to a mortgage product.

Current inflation expectations, as indicated by the Breakeven Inflation Rates, suggest a stable outlook, with the 10-Year rate at 2.360% and the 5-Year rate at 2.420%. This stability may influence mortgage rates, which have seen significant movements recently; notably, the 30-Year FHA Average Rate decreased by 0.16 points over the past 30 days. Conversely, the 30-Year VA Average Rate increased by 0.12 points in the last week, reflecting shifting borrowing costs. The lowest mortgage rate currently reported is the 15-Year Average Rate, which remains unchanged at 0.000%, indicating potential opportunities for borrowers to explore favorable lending conditions. Monitoring these trends can help borrowers make informed decisions in this evolving market landscape.

Imagine waking up in your dream home, knowing you made a smart financial decision to get there. At LendMesh, that’s the kind of experience we want every homebuyer to have. We’ve built partnerships with credit unions and respected banks across the country, so you can compare rates and programs all in one place—without the usual confusion or fine print. Whether you’re taking your first steps into homeownership or considering a refinance, our resources are designed to answer your questions and help you feel confident at every turn. Ready to start your journey? Explore today’s top mortgage rates, find helpful tips, and see how much you could save by visiting our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . Your story deserves a strong beginning, and we’re here to help you write it.