October 21, 2025 | Lowest VA Purchase Rate Falls to 4.75% Fixed

As of October 21, 2025, 15-year VA Loans and 30-year VA Loans for purchase remain stable at 5.125% and 5.625%, respectively. Both rates are unchanged over the past week, reflecting consistent yield spreads in government-backed mortgage products. Compared to 30 days ago, these fixed-rate VA loans have decreased by 37.5 basis points, reducing the cost of borrowing for veterans and first-time buyers seeking long-term financing security. This downward trend may enhance affordability for those prioritizing predictable payments. Members should consider fixed-rate options if they value stability in their mortgage expenses or evaluate refinancing opportunities where rate reductions exceed associated costs. For details, visit https://www.cu1.org/rates#real-estate-rates.

On October 21, 2025, the 15-Year Fixed Purchase mortgage rate at CREDIT UNION WEST remains steady at 5.125%, unchanged from one week ago but up by 13.5 basis points compared to 30 days prior. This rise in yield spread increases the cost of borrowing for homebuyers locking in shorter-term fixed rates. For members prioritizing predictable payments, this rate stability over the past week provides a clear benchmark for budgeting. First-time buyers and those seeking to purchase with a fixed-rate loan should assess whether current rates align with their financial plans, especially given the recent upward trend. Evaluating fixed-rate options is advisable if payment consistency is a priority; consider refinancing only if long-term savings exceed associated costs. For details, visit https://www.cuwest.org/borrowing/mortgages/purchasing-a-home.

As of October 21, 2025, mortgage rates for purchase loans show a slight decrease in yield spreads over the past week. The 15-year Fixed program is now at 5.0%, down 12.5 basis points from seven days ago, maintaining the lowest rate among today’s options. Similarly, the 30-year Fixed purchase rate decreased by 12.5 basis points to 5.5%, holding steady compared to a month ago.

For members prioritizing long-term cost predictability, locking in the 15-year Fixed at 5.0% can reduce overall interest expenses despite higher monthly payments. Meanwhile, first-time buyers may find the 30-year Fixed at 5.5% offers manageable monthly obligations with stable rates amid recent fluctuations.

Given these trends, members should evaluate their mortgage strategy carefully; consider fixed-rate options if stability is paramount or assess refinancing possibilities where potential savings exceed transaction costs. For details, visit https://www.ecu.com/personal-banking/home-loans/buy-a-home/#rates.

As of October 21, 2025, VA 15-Year Fixed Purchase rates have decreased by 25 basis points, now at 4.875%, matching the rate from 30 days ago. This reduction lowers the cost of borrowing for veterans seeking shorter-term stability and faster equity buildup. Conversely, the VA 30-Year Fixed Purchase rate also declined by 25 basis points over the past week to 5.5%, though it remains slightly above its level from 30 days ago, up by 12.5 basis points. This yield spread indicates a modest increase in long-term borrowing costs compared to a month ago, affecting affordability for buyers prioritizing lower monthly payments over loan term length.

Members should consider these shifts carefully; those valuing payment predictability may benefit from locking in current fixed rates, while evaluating refinancing options if potential savings outweigh associated expenses. For details, visit https://www.ent.com/rates/#:~:text=Mortgage%20purchase%20rates

As of October 21, 2025, the VA 15 Year Fixed Purchase mortgage remains steady at a competitive 5.25%, marking the lowest rate available today. This rate has inched up by 12.5 basis points compared to 30 days ago, indicating a modest increase in borrowing costs for shorter-term veterans loans. Meanwhile, the VA 30 Year Fixed Purchase rate has decreased by 12.5 basis points over the past week to 5.75%, reflecting improved yield spreads for long-term financing options.

For veterans and first-time buyers weighing their mortgage strategies, the stable 15-year fixed rate offers predictable payments, while the recent decline in the 30-year fixed rate could reduce monthly obligations and overall interest burden. Members should evaluate refinancing feasibility or new purchase timing based on these nuanced shifts, particularly if locking in long-term stability or minimizing immediate cash flow impact is a priority.

Consider fixed-rate products if you value payment consistency; assess refinancing only when potential savings outweigh associated costs. For details, visit https://www.hfcu.org/rates/mortgage-rates.html.

As of October 21, 2025, the 15-year VA fixed-rate mortgage remains steady at a competitive 5.125%, unchanged from both one week and one month ago, maintaining its position as the lowest rate available for veterans seeking purchase loans. Conversely, the 30-year VA fixed-rate mortgage has declined by 11.5 basis points over the past seven days to 5.375%, reflecting a notable reduction in borrowing costs for long-term financing compared to rates a month ago, which were higher by the same margin. These shifts suggest improved yield spreads on longer terms, potentially benefiting veterans prioritizing lower monthly payments over extended durations. Members should assess whether locking in a fixed rate aligns with their financial horizon and consider refinancing strategies if current rates offer meaningful savings relative to closing costs. For details, visit https://www.macu.com/rates/home.

As of October 21, 2025, the 30-year Fixed VA Loan for Purchase remains steady at a rate of 5.25% with 1.0 point. There has been no change in this rate over the past week or month, indicating stable yield spreads and borrowing costs for veterans seeking to purchase homes with government-backed support. This consistency benefits veteran homebuyers by providing predictable financing costs amid broader market fluctuations. Members considering this option can anticipate steady monthly payments without rate volatility. Given the unchanged rate environment, veterans evaluating mortgage strategies should consider fixed-rate products if they prioritize long-term payment stability. Additionally, it is prudent to review refinancing opportunities only if potential savings clearly outweigh associated fees.

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

As of October 21, 2025, 15-Year Fixed Purchase mortgage rates stand at 4.75%, reflecting a 12.5 basis point decrease from one week ago and holding steady over the past month. Similarly, the 30-Year Fixed Purchase rate is 5.25%, also down by 12.5 basis points compared to last week, with no change over 30 days. These declines in yield spreads signal a modest reduction in the cost of borrowing for fixed-rate homebuyers.

For members prioritizing predictable payments and long-term stability, the 15-Year Fixed option offers the lowest rate today, benefiting those aiming to reduce interest expense over time. Meanwhile, the 30-Year Fixed remains suitable for buyers seeking lower monthly payments despite a higher overall cost.

Given recent movements, members should evaluate their mortgage strategy carefully; consider fixed-rate loans if stability aligns with financial goals or explore refinancing opportunities where savings exceed associated costs.

For details, visit https://www.p1fcu.org/personal/mortgage-rates.

As of October 21, 2025, 15-Year Fixed Rate Purchase loans remain at 5.25%, holding steady over the past week but down 62.5 basis points compared to 30 days ago, indicating a notable reduction in borrowing costs for shorter-term fixed commitments. Conversely, the 30-Year Fixed Rate Purchase loans maintain a consistent rate of 5.875%, unchanged over both the past week and month, reflecting stability in long-term mortgage yields.

For members prioritizing lower interest expenses and faster principal repayment, the 15-Year Fixed Rate presents a reduced cost of borrowing relative to a month ago. Meanwhile, those seeking predictable monthly payments with longer terms face unchanged rate conditions. Evaluating your mortgage strategy with these trends can inform decisions on locking rates or exploring refinancing options where applicable.

Consider fixed-rate products if payment stability aligns with your financial goals; refinancing may be advantageous when long-term savings exceed associated costs. For details, visit https://wsecu.org/loans/mortgage-purchase.

As of October 21, 2025, VA 15-Year Fixed Purchase loans hold the lowest rate at 4.875%, unchanged over the past week but up 12.5 basis points compared to 30 days ago. This steady rate supports veterans seeking shorter-term financing with predictable monthly payments and potential interest savings. Meanwhile, the VA 30-Year Fixed Purchase rate has decreased by 25 basis points in the last week to 5.5%, a notable reduction that lowers long-term borrowing costs for those prioritizing extended payment terms. This yield spread adjustment may benefit first-time buyers or veterans planning longer amortization horizons. Members should assess their financial goals; consider fixed-rate options like the VA 15-year for stability or evaluate refinancing strategies if current rates undercut existing loan terms by a meaningful margin. For details, visit https://www.wecu.com/homeloans/purchase/.

As of October 21, 2025, mortgage rates have shown a mixed trend. The 15-Year Fixed Rate Jumbo increased to 6.127%, up by 0.09 basis points from yesterday, while the 30-Year Fixed Rate Jumbo rose to 6.361%, reflecting an increase of 0.08 basis points over the same period. Over the last month, however, the 15-Year Fixed Rate Jumbo has decreased by 0.22 basis points, indicating a slight easing in borrowing costs for this product. Borrowers should consider these fluctuations when deciding on loan options, as current rates remain relatively high compared to historical averages.

Current inflation expectations, as indicated by the Breakeven Inflation Rates for 10-year and 5-year periods, remain relatively stable at 2.260% and 2.280% respectively. In contrast, significant declines in various mortgage rates have been observed, particularly in the Mortgage 30Yr Jumbo Average Rates, which fell by 6.34 points in just one day and has dropped a total of 6.52 points over the past month. The lowest mortgage rate currently available is the Mortgage 30Yr VA Average Rate at 5.750%. These changes signal a potential easing in borrowing costs, making it an opportune moment for borrowers to reassess their financing options amidst fluctuating rates and inflation outlooks.

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