October 15, 2025 | Lowest 4.875% Fixed Purchase Rate Holds Steady

On October 15, 2025, the 15-Year Fixed Purchase mortgage rate at 4.875% increased by 12.5 basis points compared to last week, reflecting a modest rise in borrowing costs for homebuyers. Over the past 30 days, this rate is down by 12.5 basis points, indicating some recent easing in yield spreads. This movement impacts buyers seeking shorter-term fixed loans by slightly increasing monthly payments and overall interest expense. Members prioritizing payment stability should note this is currently the lowest rate offered among available options. Given these fluctuations, first-time buyers might consider locking rates promptly to avoid further increases, while those with existing variable loans may evaluate fixed-rate alternatives for predictability. Assessing refinancing opportunities remains prudent if potential savings outweigh associated fees.

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

On October 15, 2025, FHA 15-Year Fixed Purchase loans hold the lowest rate at 5.125%, unchanged from last week but up 25 basis points from 30 days ago. Meanwhile, the FHA 30-Year Fixed Purchase rate remains steady at 5.75%, showing no weekly change and a moderate increase of 12.5 basis points over the past month. These rate movements indicate a modest rise in borrowing costs compared to one month prior, affecting affordability for new homebuyers. First-time buyers relying on FHA programs should weigh the benefits of shorter-term fixed loans against their higher monthly payments, while longer-term options provide more manageable cash flow but at slightly elevated rates. Members are advised to evaluate their mortgage strategy carefully; those valuing payment stability may consider fixed-rate terms, whereas others might explore refinancing if current rates offer meaningful savings relative to closing costs. For details, visit https://www.ent.com/rates/#:~:text=Mortgage%20purchase%20rates.

As of October 15, 2025, the 30-year Fixed FHA Purchase mortgage rate remains steady at 5.25%, unchanged over the past week but down 37.5 basis points compared to 30 days ago. This decline reduces the cost of borrowing for first-time homebuyers relying on government-backed loans, potentially improving affordability in a rising-rate environment. Stability over the last week suggests limited short-term volatility in this segment, allowing members to better plan their financing strategies. For buyers prioritizing predictable payments and access to lower down payment options, the current fixed FHA rate remains a competitive choice. Members should evaluate their mortgage approach carefully; considering fixed-rate options can provide long-term budget certainty, while refinancing may be advantageous if rate reductions offset closing costs. For details, visit https://fccu.org/rates/home-loan-rates.

As of October 15, 2025, 30 Year Fixed FHA Mortgage rates remain stable at 5.375%, showing no change over the past week or month. This steady yield supports predictable borrowing costs for first-time buyers seeking long-term financing with government-backed security. Meanwhile, the 15 Year Fixed FHA Mortgage rate holds at 5.49%, unchanged from last week but elevated by 49 basis points compared to 30 days ago. This increase reflects a higher cost of borrowing for those pursuing shorter-term loans aiming to build equity faster.

Members should consider fixed-rate options if they prioritize payment stability amid current market steadiness. Evaluating refinancing opportunities may be prudent, particularly if future rates decline or if reducing loan duration aligns with financial goals. For details, visit https://www.gwcu.org/rates/homeloans.

As of October 15, 2025, 15-year FHA purchase loans remain at a stable 5.00%, unchanged over the past week but up 25 basis points compared to 30 days ago. This rate represents the lowest among today’s FHA options, reflecting a moderate increase in borrowing costs for members seeking shorter-term fixed financing. The 30-year FHA purchase rate holds steady at 5.375%, also unchanged week-over-week, yet up 12.5 basis points from one month prior, indicating a slight upward yield spread impacting long-term affordability.

For first-time buyers prioritizing manageable monthly payments, these steady rates provide clarity on budget planning; however, rising trends suggest monitoring refinancing opportunities or considering fixed-rate terms to lock in current yields. Evaluating mortgage strategy against these incremental changes can help optimize long-term financial outcomes.

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

As of October 15, 2025, the 30-year Fixed FHA Purchase Loan rate remains steady at 5.25%, showing no change over the past 7 and 30 days. This stability in yield spreads indicates a consistent cost of borrowing for first-time buyers or those utilizing government-backed financing options. For members considering new home purchases, this rate environment supports predictable monthly payments without upward pressure on interest costs. Veterans and refinancing borrowers should note that no recent fluctuations have occurred, maintaining current affordability levels. Given this rate consistency, members may want to evaluate fixed-rate mortgage options to lock in long-term stability. Additionally, reviewing your mortgage strategy could be beneficial if you anticipate market shifts that might impact future rates.

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

As of October 15, 2025, 15-Year Fixed Purchase mortgage rates have increased by 12.5 basis points to 4.875%, reflecting a modest rise in borrowing costs for shorter-term fixed loans. Meanwhile, the 30-Year Fixed Purchase rate remains steady at 5.375%, showing no change over the past week but up 12.5 basis points from a month ago. The uptick in the 15-year rate suggests slightly higher yield spreads impacting borrowers prioritizing faster principal payoff and lower total interest. First-time buyers and homeowners seeking predictable payments should consider these shifts carefully; the stable 30-year rate may still offer cost certainty despite its higher starting point. Members evaluating refinancing or new purchases should assess fixed-rate options for long-term budgeting and weigh potential savings against current rate trends. For details, visit https://www.p1fcu.org/personal/mortgage-rates.

As of October 15, 2025, FHA 15-Year Fixed Purchase rates remain steady at 5.125%, unchanged from one week ago and down 12.5 basis points compared to 30 days prior. This rate, currently the lowest among today’s offerings, may benefit borrowers seeking shorter-term financing with predictable payments. Meanwhile, the FHA 30-Year Fixed Purchase rate holds firm at 6.0%, consistent over the past month, reflecting stable yield spreads for longer-term FHA loans.

For first-time homebuyers prioritizing lower monthly payments, the unchanged FHA 30-Year Fixed rate maintains borrowing costs; veterans and other buyers can evaluate if locking in the slightly lower 15-year FHA fixed option aligns with their financial goals. Given these trends, members should consider fixed-rate loans if payment certainty is essential and assess refinancing opportunities when long-term savings surpass associated costs.

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

As of October 15, 2025, 15-Year Fixed Rate Purchase loans remain at a competitive 5.25%, unchanged from one week ago but down 25 basis points compared to 30 days prior, reflecting a moderate decline in borrowing costs for shorter-term fixed mortgages. Conversely, the 30-Year Fixed Rate Purchase loans hold steady at 5.625%, showing no weekly change but a slight increase of approximately 13.5 basis points over the past month, indicating a modest rise in long-term yield spreads.

For first-time buyers and those seeking predictability in payments, the stable 15-year fixed rate offers a lower cost of borrowing with reduced interest exposure. Homebuyers prioritizing longer terms should monitor the incremental upward trend in the 30-year fixed rate, as this could affect affordability over time.

Members are advised to evaluate fixed-rate options carefully based on their financial horizon and consider refinancing if potential savings surpass associated costs. For details, visit https://wsecu.org/loans/mortgage-purchase.

As of October 15, 2025, mortgage rates for 15-Year Fixed Rate Jumbo loans have decreased to 5.938%, down by 0.19 basis points from yesterday and 0.16 basis points over the past week. Similarly, the 30-Year Fixed Rate Jumbo has also seen a reduction to 6.188%, a decline of 0.10 basis points from one day ago. Both loan types reflect a downward trend in borrowing costs, particularly notable over the past month for the 15-Year Fixed Rate Jumbo, which dropped by 0.19 basis points. Borrowers may find more favorable conditions for securing financing with these lower rates; however, continuous monitoring is advisable as fluctuations can impact affordability.

Recent breakeven inflation rates indicate stable inflation expectations, with the 10-year rate at 2.300% and the 5-year rate at 2.330%. These expectations can influence mortgage rates, which are currently at historic lows; for instance, the lowest mortgage rate reported is the 15-year average, showing no recent data. Notably, the largest changes occurred in the Mortgage 30Yr Jumbo Average Rates, which dropped by 6.44 points over the past week and by 6.56 points over the past 30 days, impacting borrowing costs significantly. As these rates decline, potential borrowers may find more favorable lending conditions; however, remaining aware of economic signals is essential for informed financial decisions.

Over the years, we’ve heard from countless homebuyers who wish they’d started with better information. That’s what inspired the team at LendMesh to build a smarter, friendlier mortgage platform. Instead of searching through dozens of bank websites, you can now compare offers from respected credit unions and banks in one trusted place. We’re here to cut through the noise, offering real guidance, educational tools, and answers to the questions you might not even know to ask yet. If you’re curious about the next steps or just want to see today’s rates, check out our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage-loans . At LendMesh, your peace of mind comes first.