October 22, 2025 | Lowest FHA Purchase Rate Hits 4.75% Fixed Today

As of October 22, 2025, the FHA 30 Year Fixed Purchase mortgage rate stands at 5.125%, marking a significant decrease of 36.5 basis points compared to one week ago and the past 30 days. This downward movement reduces the overall cost of borrowing for eligible homebuyers, particularly benefiting first-time buyers who rely on government-backed loans. The improved yield spread makes this an opportune moment to evaluate purchase strategies with a fixed-rate option that offers long-term payment stability.

Members considering financing with an FHA loan should assess how these lower rates impact their monthly obligations and total interest paid over the loan term. For those weighing refinancing, such a rate drop may justify reviewing current mortgage terms against potential savings.

Consider locking in fixed-rate products if prioritizing predictability or exploring refinancing opportunities where rate reductions surpass associated costs. For details, visit https://www.desertfinancial.com/en/rates#a_ref_2187.

On October 22, 2025, FHA 15-Year Fixed Purchase loans offer the most competitive rate at 4.875%, down 25 basis points from last week and 12.5 basis points lower than 30 days ago. Similarly, FHA 30-Year Fixed Purchase loans stand at 5.5%, reflecting a 25 basis point decrease over the past seven days and a modest 12.5 basis point drop since last month. These declines in yield spreads reduce the cost of borrowing for homebuyers, particularly benefiting first-time buyers seeking government-backed financing with predictable payments. Veterans and refinancing borrowers are not covered in today’s data; however, members should evaluate whether locking in fixed rates now aligns with their long-term housing plans. Given the current trend, consider fixed-rate options if you prioritize payment stability or assess refinancing opportunities when potential savings exceed associated costs. For details, visit https://www.ent.com/rates/#:~:text=Mortgage%20purchase%20rates

As of October 22, 2025, the 30-year Fixed FHA Purchase mortgage rate stands at 5.375%, marking an increase of 12.5 basis points compared to last week and a similar rise over the past 30 days. This upward shift indicates a modest increase in the cost of borrowing for first-time homebuyers relying on government-backed financing. The yield spread movement suggests that buyers should carefully assess affordability, especially in markets with rising home prices. Veterans and refinancing borrowers are unaffected today since VA or refinance programs are not listed. Members valuing payment stability may consider locking in fixed-rate options promptly to mitigate further rate volatility. Evaluating your mortgage strategy with current rates can help optimize long-term financial outcomes, particularly when deciding between purchase timing and loan terms. For details, visit https://fccu.org/rates/home-loan-rates.

As of October 22, 2025, 15 Year Fixed FHA Mortgage purchase rates have decreased by 49 basis points over the past week to a current rate of 5.00%, marking the lowest yield in recent months. This reduction improves affordability for first-time homebuyers and those seeking shorter-term fixed financing by lowering the overall cost of borrowing. Conversely, the 30 Year Fixed FHA Mortgage purchase rate remains steady at 5.25%, showing no change in the last seven days but a modest decline of 12.5 basis points compared to 30 days ago. Longer-term borrowers may find stability in this rate environment, though they should monitor market shifts closely. Members prioritizing payment predictability should consider fixed-rate options; those evaluating purchase timing or loan terms may benefit from assessing current yield spreads against their financial goals.

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

On October 22, 2025, 15-year FHA fixed purchase loans offer the most competitive rate at 4.875%, reflecting a decrease of 12.5 basis points from last week and the past 30 days. This decline in yield spreads reduces the cost of borrowing for borrowers seeking shorter-term government-backed financing. Conversely, 30-year FHA fixed purchase loans remain steady at 5.25%, showing no change over the past week or month, maintaining a stable but higher rate suitable for those prioritizing longer repayment terms.

For first-time buyers considering government-backed options, the reduced rate on the 15-year FHA product may lower total interest expenses significantly. Meanwhile, longer-term borrowers should evaluate whether locking in current stable rates aligns with their financial strategy. Given these dynamics, members are advised to analyze their mortgage goals carefully; consider fixed-rate options if you value predictable payments or assess refinancing if potential savings exceed associated costs.

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

As of October 22, 2025, the 30-Year Fixed FHA Purchase Loan offers the most competitive mortgage rate available today at 5.375%, marking a decrease of 12.5 basis points compared to one week and one month ago. This downward movement reduces the overall cost of borrowing for first-time homebuyers who typically rely on FHA financing, improving affordability in the current market environment. The yield spread narrowing suggests a modest easing in lending conditions relative to recent weeks.

Members seeking stable monthly payments should consider locking in this fixed rate to mitigate future interest rate volatility. Additionally, those evaluating home purchases may find enhanced purchasing power due to this rate adjustment. Given these dynamics, it is prudent to analyze your mortgage strategy carefully; specifically, first-time buyers might benefit from this lower fixed FHA rate, while others should assess refinancing only if projected savings exceed associated costs.

For details, visit https://www.bayportcu.org/rates/#:~:text=Apply%20now-,MORTGAGE%20RATES,-Fixed%20Rate%20Mortgages.

As of October 22, 2025, the 30-year Fixed FHA Purchase Loan at PENTAGON holds steady at a rate of 5.25% with 1.0 point, unchanged over the past week but up by 12.5 basis points compared to 30 days ago. This subtle increase reflects a modest rise in borrowing costs for first-time buyers relying on government-backed financing. Stability in the past week suggests yield spreads have plateaued, offering predictability for those prioritizing fixed-rate security in a fluctuating market. Members considering home purchases under this program should weigh the benefits of locking in current rates against potential future shifts. Evaluating refinancing options remains prudent if rate reductions exceed associated fees, while fixed-rate loans continue to provide cost certainty amid moderate rate movements.

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

As of October 22, 2025, 15-Year Fixed Purchase and 30-Year Fixed Purchase mortgage rates remain steady at 4.75% and 5.25%, respectively. Both products show no change over the past week, indicating stable yield spreads and borrowing costs for fixed-rate homebuyers. Compared to 30 days ago, rates have decreased by 12.5 basis points for each term, slightly lowering long-term financing expenses.

For members prioritizing payment stability, the 15-Year Fixed offers the lowest current rate, potentially reducing total interest paid over the loan’s life. Meanwhile, the 30-Year Fixed maintains affordability with extended amortization but at a modestly higher rate.

Given these dynamics, members should evaluate their mortgage strategy carefully, consider locking in fixed rates if stability is essential or review refinancing options where cost savings exceed associated fees.

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

On October 22, 2025, FHA 15-Year Fixed Purchase rates remain steady at 5.125%, showing no change over the past week or month. This stability maintains a relatively lower cost of borrowing compared to recent months, benefiting borrowers seeking shorter-term financing with predictable payments. Meanwhile, the FHA 30-Year Fixed Purchase rate has decreased by 12.5 basis points from last week and month to 5.875%, reflecting a modest yield spread compression that could improve affordability for long-term homebuyers.

For first-time buyers and those prioritizing loan security, the unchanged 15-year FHA fixed rate offers consistent budgeting advantages. The decline in the 30-year FHA fixed rate may warrant evaluation for members considering longer amortization schedules to reduce monthly payments despite slightly higher lifetime interest costs.

Members should consider their mortgage strategy carefully; those valuing payment stability might prefer fixed-rate options, while others may evaluate refinancing if potential savings exceed associated costs. For details, visit https://www.schoolsfirstfcu.org/rates/mortgage-purchase/.

As of October 22, 2025, mortgage rates have generally decreased for the 15-Year Fixed Rate Jumbo, which stands at 6.033%, down by 0.07 basis points from yesterday and 0.14 basis points over the past month. In contrast, the 30-Year Fixed Rate Jumbo is slightly lower at 6.269%, experiencing a minor drop of 0.01 basis points from the previous day. The most significant shifts occurred in the 15-year product, indicating that borrowers may find more favorable terms if they opt for shorter loan durations. As these rates fluctuate, prospective borrowers should carefully assess their options based on current market conditions to make informed decisions regarding their financing needs.

As of October 22, 2025, inflation expectations remain relatively stable, with the Breakeven Inflation Rate 10Yr at 2.280% and the Breakeven Inflation Rate 5Yr at 2.300%. These rates influence mortgage rates, which reflect borrowing costs; a stable inflation outlook can lead to more predictable lending environments. Notably, the Mortgage 30Yr Jumbo Average Rates have seen a significant decline of 0.33 points over the past 30 days, while the Mortgage 30Yr Average Rates fell by 6.58 points in the last 60 days. The lowest mortgage rate currently is for the Mortgage 30Yr Va Average Rates at 5.778%. Borrowers should monitor these changes as they directly affect affordability and financing options.

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