Introduction
On May 5, 2026, mortgage rates hold steady for many buyers, offering a moment to breathe and plan your next move. If you’ve been watching rates inch up recently, there’s good news: the lowest rate today comes from Potlatch No 1 Financial with a 4.875% 15-year fixed purchase loan, a solid option for those aiming to build equity faster without stretching payments too long. Meanwhile, Zillow’s data shows jumbo loans nudged slightly higher, with the 30-year fixed jumbo rate at 6.379%, reflecting modest market shifts. Inflation expectations ticked up a bit too, hinting that locking in a strong rate now might save you more over time. Here’s what you need to know before locking in a rate, because even small changes can add up when it’s your home on the line.
New Purchase - VA 15 yrs Fixed
Lender
2026-05-05
(Current Day)
(Current Day)
2026-04-28
(7 Days Ago)
(7 Days Ago)
2026-04-20
(15 Days Ago)
(15 Days Ago)
2026-04-05
(30 Days Ago)
(30 Days Ago)
2026-03-21
(45 Days Ago)
(45 Days Ago)
2026-03-06
(60 Days Ago)
(60 Days Ago)
2026-02-04
(90 Days Ago)
(90 Days Ago)
2025-11-06
(180 Days Ago)
(180 Days Ago)
5.13%
5.13%
5.25%
+12.5 bps
5.25%
+12.5 bps
5.13%
4.75%
-37.5 bps
4.88%
-25 bps
5.25%
+12.5 bps
5.38%
5.38%
5.38%
5.63%
+25 bps
5.38%
5.25%
-12.5 bps
5.25%
-12.5 bps
5.25%
-12.5 bps
5.25%
5.25%
5.25%
5.38%
+12.5 bps
5.25%
5.13%
-12.5 bps
5.13%
-12.5 bps
5.25%
4.88%
5.13%
+25 bps
5.00%
+12.5 bps
5.25%
+37.5 bps
5.00%
+12.5 bps
4.88%
4.75%
-12.5 bps
5.00%
+12.5 bps
4.88%
4.88%
4.75%
-12.5 bps
5.13%
+25 bps
4.88%
4.75%
-12.5 bps
4.75%
-12.5 bps
4.75%
-12.5 bps
5.13%
5.13%
5.00%
-12.5 bps
5.25%
+12.5 bps
5.13%
4.88%
-25 bps
5.00%
-12.5 bps
5.00%
-12.5 bps
New Purchase - VA 30 yrs Fixed
Lender
2026-05-05
(Current Day)
(Current Day)
2026-04-28
(7 Days Ago)
(7 Days Ago)
2026-04-20
(15 Days Ago)
(15 Days Ago)
2026-04-05
(30 Days Ago)
(30 Days Ago)
2026-03-21
(45 Days Ago)
(45 Days Ago)
2026-03-06
(60 Days Ago)
(60 Days Ago)
2026-02-04
(90 Days Ago)
(90 Days Ago)
2025-11-06
(180 Days Ago)
(180 Days Ago)
5.63%
5.63%
5.75%
+12.5 bps
5.75%
+12.5 bps
5.63%
5.25%
-37.5 bps
5.38%
-25 bps
6.00%
6.00%
5.88%
-12.5 bps
6.25%
+25 bps
5.88%
-12.5 bps
5.88%
-12.5 bps
5.88%
-12.5 bps
5.88%
-12.5 bps
5.63%
5.50%
-12.5 bps
5.38%
-25 bps
5.63%
5.50%
-12.5 bps
5.25%
-37.5 bps
5.38%
-25 bps
5.49%
-13.5 bps
6.63%
6.50%
-12.5 bps
6.38%
-25 bps
6.75%
+12.5 bps
5.25%
-137.5 bps
6.25%
-37.5 bps
6.25%
-37.5 bps
6.38%
-25 bps
5.38%
5.25%
-12.5 bps
5.25%
-12.5 bps
5.38%
5.25%
-12.5 bps
5.13%
-25 bps
5.25%
-12.5 bps
5.25%
-12.5 bps
5.38%
5.38%
5.25%
-12.5 bps
5.63%
+25 bps
5.38%
5.25%
-12.5 bps
5.38%
5.25%
-12.5 bps
5.88%
5.88%
5.75%
-12.5 bps
6.00%
+12.5 bps
5.75%
-12.5 bps
5.50%
-37.5 bps
5.63%
-25 bps
5.75%
-12.5 bps
CREDIT UNION 1 CREDIT UNION
As of May 5, 2026, 15-year VA Loans and 30-year VA Loans for purchase remain steady at 5.125% and 5.625%, respectively. There have been no changes in rates over the past week or month, indicating stable borrowing costs for veterans seeking fixed-rate financing. This stability supports predictable monthly payments, benefiting first-time buyers and those prioritizing long-term budget certainty. Veterans evaluating mortgage options should consider these fixed-rate VA loans to maintain consistent yield spreads amid market fluctuations. Given the unchanged rates, members may find value in assessing their current mortgage strategy or exploring refinancing if long-term savings outweigh associated costs. For details, visit https://www.cu1.org/rates#real-estate-rates.
CREDIT UNION WEST CREDIT UNION
On May 5, 2026, Fixed Purchase Mortgage rates at Credit Union West remain steady compared to last week. The 15-Year Fixed Purchase rate holds at 5.125%, unchanged over seven days and down 12.5 basis points from 30 days ago, representing a modest reduction in borrowing costs for members seeking shorter-term financing. Similarly, the 30-Year Fixed Purchase rate is stable at 5.625%, also flat week-over-week and decreased by 12.5 basis points over the past month. These yield spreads suggest a favorable environment for locking in fixed rates, particularly for buyers prioritizing long-term payment predictability. Members evaluating mortgage strategies should consider these current trends; first-time buyers might benefit from the lower 15-year fixed rates to reduce interest expense, while those planning longer homeownership horizons can assess the cost-benefit of the 30-year option. Consider refinancing only if projected savings surpass transaction costs given recent rate stability. For details, visit https://www.cuwest.org/borrowing/mortgages/purchasing-a-home.
ENT CREDIT UNION
As of May 5, 2026, VA 15-Year Fixed Purchase and VA 30-Year Fixed Purchase mortgage rates remain steady at 5.25% and 5.875%, respectively. Both products show no change over the past week or month, indicating stable borrowing costs for veterans seeking to buy homes with government-backed financing. The VA 15-Year Fixed offers the lowest rate among available options, benefiting members prioritizing shorter-term commitments and interest savings. Meanwhile, the VA 30-Year Fixed maintains a consistent yield spread, suitable for those preferring longer amortization with predictable payments.
Members should consider fixed-rate programs to lock in current rates amid this stability. Veterans evaluating home purchase strategies can benefit from these unchanged rates by aligning loan terms with their financial goals and cash flow needs. For actionable insight, assess your mortgage term preference carefully; fixed VA loans provide certainty in cost projections. Consider refinancing only if potential savings surpass closing costs.
For details, visit https://www.ent.com/rates/#:~:text=Mortgage%20purchase%20rates.
HANSCOM FEDERAL CREDIT UNION
As of May 5, 2026, HANSCOM credit union reports stable mortgage rates on key VA loan products. The VA 15-Year Fixed Purchase rate remains at a competitive 5.375%, unchanged from one week ago but down 25 basis points compared to 30 days prior, reflecting a modest easing in borrowing costs for veterans seeking shorter-term financing. Meanwhile, the VA 30-Year Fixed Purchase rate holds steady at 6.0%, also flat over the last seven days and reduced by 25 basis points month-over-month. These stable yield spreads suggest consistent lender confidence, providing members with predictable cost structures. For veterans prioritizing long-term payment stability or accelerated payoff, evaluating these fixed-rate options is prudent. Given recent trends, members should consider their refinancing opportunities carefully, particularly if rate reductions exceed associated fees to optimize long-term financial outcomes. For details, visit https://www.hfcu.org/rates/mortgage-rates.html.
JSC FEDERAL CREDIT UNION
As of May 5, 2026, the 30-year VA Fixed Purchase mortgage rate remains steady at 5.875%, showing no change over the past 7 and 30 days. This stability in yield spreads means the cost of borrowing for veterans and eligible borrowers has held firm after slight fluctuations earlier in the quarter. For first-time buyers and veterans seeking predictable monthly payments, this consistent rate supports clearer long-term financial planning. Given the unchanged rate, members should consider fixed-rate options if they prioritize payment stability. Additionally, those with existing loans may want to evaluate refinancing opportunities carefully; savings must clearly outweigh closing costs to justify any move. For details, visit https://www.wellbyfinancial.com/loan/home-loans/#Rates.
MOUNTAIN AMERICA FEDERAL CREDIT UNION
On May 5, 2026, 15-year VA fixed purchase loans hold the lowest rate at 5.25%, unchanged from last week but down 12.5 basis points versus 30 days ago, signaling a modest reduction in borrowing costs for veterans seeking shorter-term financing. Conversely, the 30-year VA fixed purchase loan rate increased by 12.5 basis points over the past week to 5.625%, maintaining stability relative to one month prior. This uptick reflects a slight widening in yield spreads affecting long-term financing options.
For veterans and first-time buyers, the steady 15-year VA rate supports cost predictability and may favor quicker equity buildup, while the recent increase in the 30-year VA rate warrants evaluating whether longer amortization aligns with financial goals. Members should consider fixed-rate options if prioritizing payment stability or assess refinancing opportunities if potential savings exceed associated costs.
For details, visit https://www.macu.com/rates/home.
NAVY FEDERAL CREDIT UNION
As of May 5, 2026, VA 15 Year Fixed Purchase loans offer the lowest rate at 4.875%, down 25 basis points from one week ago and 37.5 basis points lower than 30 days prior. This decline reduces the cost of borrowing for veterans seeking shorter-term financing, potentially lowering monthly payments and total interest paid. Conversely, the Military Choice 30 Year Fixed Purchase loan rate increased by 12.5 basis points over the past week to 6.625%, though it remains slightly below last month’s level by 12.5 basis points. Longer-term borrowers should weigh this yield spread carefully against their long-term budget and stability preferences. Members considering purchase options may benefit from evaluating fixed-rate loans for predictability or assessing refinancing if rate trends align with their financial goals.
For details, visit https://www.navyfederal.org/loans-cards/mortgage/mortgage-rates.html.
PENTAGON FEDERAL CREDIT UNION
On May 5, 2026, the 30-year Fixed VA Loan for Purchase is offered at a rate of 5.375% with 1.125 points, marking an increase of 12.5 basis points compared to one week ago. This uptick maintains parity with the rate from 30 days prior, indicating stable yield spreads over the past month. For veterans and first-time homebuyers utilizing VA benefits, this incremental rise slightly raises the cost of borrowing but keeps long-term fixed financing predictable. Given the steady trend over the last month, members should assess their mortgage strategy carefully; those valuing payment stability may still find fixed-rate VA loans appropriate. It is advisable to evaluate refinancing options if potential savings exceed closing costs amid fluctuating rates. For details, visit https://www.penfed.org/mortgage/mortgage-rates?_ga=GA1.1.113342144.1749209030&mcid=44478617903031329443022793571867311851.
POTLATCH NO. 1 FINANCIAL CREDIT UNION
As of May 5, 2026, 15-Year Fixed Purchase mortgage rates remain steady at 4.875%, unchanged from last week but down 25 basis points compared to 30 days ago. This reduction lowers the cost of borrowing for buyers seeking shorter-term stability and faster equity building. Meanwhile, the 30-Year Fixed Purchase rate holds at 5.375%, also flat week-over-week but decreased by 25 basis points month-over-month. Longer-term borrowers may benefit from these modest declines in yield spreads, improving affordability on larger principal amounts.
For members prioritizing predictable payments, the consistent fixed rates suggest evaluating fixed-rate options if you value payment certainty over time. Given the recent downward trend over the past month, consider assessing your mortgage strategy; refinancing could reduce long-term interest costs if closing expenses and points align favorably with your financial goals.
For details, visit https://www.p1fcu.org/personal/mortgage-rates.
WHATCOM EDUCATIONAL CREDIT UNION
As of May 5, 2026, VA 15-Year Fixed Purchase loans maintain a rate of 5.125%, unchanged from one week ago but down by 12.5 basis points compared to 30 days prior. This represents the lowest rate available today, favoring borrowers seeking shorter-term financing with stable payments and lower overall interest costs. Meanwhile, the VA 30-Year Fixed Purchase rate stands at 5.875%, also steady over the past week but reduced by 12.5 basis points relative to a month ago, impacting long-term affordability for veterans pursuing extended mortgage terms.
For veterans and first-time homebuyers, these stable yet slightly decreased yields suggest an opportunity to lock in predictable rates amid modestly declining borrowing costs. Evaluating fixed-rate options remains prudent if payment consistency aligns with your financial goals. Consider refinancing only when potential savings surpass associated fees.
For details, visit https://www.wecu.com/homeloans/purchase/.
Zillow National Average
As of today, May 5, 2026, mortgage rates are mixed. The 15-Year Fixed Rate Jumbo stands at 6.130%, a slight decrease of 0.01 basis points from yesterday, while the 30-Year Fixed Rate Jumbo is at 6.379%, down by 0.04 basis points in the same period. Over the past week, the 15-Year Fixed Rate Jumbo has seen a decline of 0.05 basis points, whereas the 30-Year Fixed Rate Jumbo experienced a modest increase of 0.03 basis points. The most significant movement over the last month was for the 30-Year Fixed Rate Jumbo, rising by 0.08 basis points. Borrowers should monitor these fluctuations as they impact overall borrowing costs and financial planning strategies.
Federal Reserve Economic Trends
Recent data indicates that inflation expectations remain stable, with the Breakeven Inflation Rate 10Yr at 2.500% and the 5Yr at 2.720%. These figures suggest moderate inflation outlooks, which can influence mortgage rates and borrowing costs. Notably, the Mortgage 30Yr Average Rates have experienced a significant decline of 6.46 points over the past 30 days, indicating a more favorable environment for borrowers. The lowest mortgage rate currently recorded is for the Mortgage 30Yr FHA, which dropped by 6.14 points in just one day. As these rates fluctuate, potential homeowners should consider locking in lower rates to mitigate future costs associated with borrowing.
LendMesh
Picture this: You’re ready to buy a home, but you’re not sure where to start. Maybe you’re worried about the rates, or confused by all the mortgage jargon out there. At LendMesh, we believe good guidance can change everything. That’s why we’ve built an online hub where real people—just like you—can find honest advice, real-time rate comparisons, and connections to local credit unions and banks that actually care. Whether you’re mapping out a long-term plan or looking for a quick pre-approval, we’ve got resources designed to make each step clearer. Take a moment today to visit our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . Your next chapter could start with a single click, and we’ll be here to guide you through it.
Conclusion
As you weigh your mortgage options this month, remember that even a quarter-point difference can change your monthly payment by hundreds of dollars and add thousands in interest over the life of a loan. With most credit unions holding rates steady and some like Navy Federal Credit Union showing small declines on shorter terms, it pays to shop around and consider both loan length and lender perks. If you’re comfortable with a slightly higher monthly payment but want to pay off your home sooner, the 15-year fixed at under 5% remains an attractive choice. For others, staying informed about inflation trends and national averages helps you decide whether to lock or float your rate. Ultimately, focus on what fits your financial goals, whether buying your first home, upgrading, or refinancing, and use these subtle shifts as opportunities to make smarter decisions for tomorrow’s peace of mind.