June 3, 2026 | Lowest Fixed FHA Purchase Rate Holds at 5.25%

On June 3, 2026, FHA 15-Year Fixed Purchase loans maintain a rate of 5.625%, unchanged from one week ago but down 25 basis points compared to 30 days prior. Similarly, the FHA 30-Year Fixed Purchase rate holds steady at 5.75%, with no change over seven days and a 25 basis point decrease month-over-month. These stable yield spreads suggest consistent borrowing costs for first-time homebuyers leveraging FHA financing. The lower rates relative to a month ago may improve affordability for members seeking long-term fixed-rate options. Members prioritizing predictable payments should consider these fixed FHA products, while evaluating whether the modest decline justifies initiating or refinancing purchase loans. For details, visit https://www.chartway.com/personal/learn/rates/loan-rates.html#mortgage.

As of June 3, 2026, CREDIT UNION WEST reports stable mortgage rates for purchase loans. The 30-Year Fixed Purchase rate remains steady at 5.49%, showing no change over the past 7 and 30 days, reflecting consistent borrowing costs for long-term homebuyers. Meanwhile, the 15-Year Fixed Purchase rate holds at 5.50%, unchanged from last week but up by 12.5 basis points compared to 30 days ago, indicating a modest increase in yield spreads for shorter-term commitments.

For members prioritizing payment stability, the unchanged 30-Year Fixed rate offers predictable financing. Conversely, those considering quicker equity buildup may note the slight rise in the 15-Year Fixed cost of borrowing. Evaluating these trends can assist first-time buyers and homeowners assessing refinancing strategies to balance monthly affordability with total interest expense.

Consider fixed-rate options if you value rate certainty; evaluate refinancing if potential savings exceed transaction costs. For details, visit https://www.cuwest.org/borrowing/mortgages/purchasing-a-home.

On June 3, 2026, FHA 15-Year Fixed Purchase mortgage rates held steady at 5.375%, matching last week’s yield and reflecting a modest increase of 12.5 basis points compared to 30 days ago. This incremental rise slightly raises the cost of borrowing for borrowers seeking shorter-term government-backed financing but maintains relative stability for planning fixed payments. Meanwhile, the FHA 30-Year Fixed Purchase rate remains unchanged at 5.875%, showing no movement over both the past week and month, providing consistent terms for long-term homebuyers.

For members prioritizing predictable payments, especially first-time buyers utilizing FHA options, these stable rates suggest evaluating fixed-rate loans to lock in current yields. Given minimal fluctuations, it is prudent to assess refinancing opportunities carefully; consider initiating refinancing only if projected savings surpass associated costs due to these steady rate conditions.

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

On June 3, 2026, the 30-year FHA Fixed Purchase mortgage rate remains steady at 5.99%, showing no change over the past 7 days but an increase of 11.5 basis points compared to 30 days ago. This yield spread expansion suggests a modest rise in the cost of borrowing for first-time and moderate-income buyers relying on government-backed loans. While short-term stability may aid budgeting, the upward movement over the month indicates potential tightening in long-term financing conditions. Members considering home purchases with this loan type should evaluate fixed-rate options if they prioritize payment predictability amid fluctuating market dynamics. Monitoring these rates can also inform decisions on timing purchases or refinancing to optimize borrowing costs. For details, visit https://www.wellbyfinancial.com/loan/home-loans/#Rates.

On June 3, 2026, 15-year FHA fixed purchase loans remain steady at 5.25%, unchanged from both one week and one month ago, reflecting stable yield spreads and borrowing costs for shorter-term government-backed financing. Conversely, the 30-year FHA fixed purchase rate increased by 12.5 basis points to 5.75% compared to last week, marking a cumulative rise of 26 basis points over the past 30 days. This upward movement suggests higher long-term funding costs impacting borrowers seeking extended amortization periods.

For first-time homebuyers relying on FHA programs, the unchanged 15-year fixed rate offers predictable monthly payments without added cost pressure. However, those considering a longer-term 30-year FHA loan face increased borrowing expenses that may affect affordability and total interest paid. Members should evaluate whether locking in a shorter term or delaying purchase aligns better with their financial goals.

Given these trends, members are advised to review their mortgage strategies carefully; consider fixed-rate options if stability is a priority, or assess refinancing viability if potential savings outweigh associated fees.

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

On June 3, 2026, the 30-Year FHA Fixed Purchase mortgage rate stands at a competitive 5.625%, marking a decrease of 12.5 basis points compared to last week. This slight decline in yield spreads reduces the cost of borrowing for first-time buyers relying on government-backed financing. However, rates remain 12.5 basis points higher than 30 days ago, reflecting moderate upward pressure over the month. Members considering home purchases under this program should weigh the benefit of locking in current rates against potential short-term volatility. For borrowers valuing payment stability and government support, this fixed-rate FHA option remains a viable pathway amid fluctuating market conditions. Evaluating mortgage strategies with attention to recent rate trends can help optimize financing decisions. For details, visit https://nuvisionfederal.com/lending/mortgage/rates.

On June 3, 2026, the 30-year Fixed FHA Purchase Loan rate at PENTAGON Credit Union stands at 5.375%, marking a decrease of 12.5 basis points from last week. Compared to 30 days ago, the rate remains stable with no significant change. This reduction in yield spreads slightly lowers borrowing costs for first-time homebuyers relying on government-backed FHA financing, potentially improving affordability amid steady market conditions. Members considering new purchases may benefit from locking in rates now, while those evaluating refinancing should analyze if current savings justify associated fees. Given the modest weekly decline and stable monthly trend, borrowers valuing predictability might consider fixed-rate options to manage long-term payments effectively. For details, visit https://www.penfed.org/mortgage/mortgage-rates?_ga=GA1.1.113342144.1749209030&mcid=44478617903031329443022793571867311851

On June 3, 2026, 15-Year Fixed Purchase mortgage rates increased by 13.5 basis points, rising to 5.125% from 4.99% a week ago. Over the past 30 days, this rate has climbed by 25 basis points, indicating a gradual rise in borrowing costs for shorter-term fixed loans. Meanwhile, the 30-Year Fixed Purchase rate remained steady at 5.625% compared to last week but is up by 25 basis points over the last month.

For members prioritizing stability and lower total interest payments, the 15-Year Fixed option presents the lowest current yield but with rising rates that could impact affordability. The unchanged 30-Year Fixed rate suggests stable long-term financing costs, though recent increases warrant evaluation of refinancing timing.

Members should consider their mortgage horizon and cost sensitivity; those seeking predictable payments may focus on fixed-rate products while monitoring trends to optimize borrowing costs. Evaluate refinancing if potential savings exceed associated fees.

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

As of June 3, 2026, 15-year fixed-rate purchase mortgages are priced at 5.50%, marking a decrease of 12.5 basis points from last week and holding steady compared to 30 days ago. This reduction lowers borrowing costs for buyers prioritizing shorter loan terms and faster equity buildup. Meanwhile, the 30-year fixed purchase mortgage rate stands at 6.25%, also down by 12.5 basis points week-over-week with no change over the past month. Longer-term borrowers may find these stable rates conducive to predictable monthly payments despite elevated yield spreads.

Members considering home purchases should evaluate whether locking in current fixed rates aligns with their financial horizon. For those weighing refinancing, a decline exceeding 10 basis points could warrant assessing potential savings against transaction costs to optimize long-term debt strategy.

For details, visit https://www.sccu.com/personal/consumer-rates#mortgage.

As of June 3, 2026, the 15-Year Fixed Rate Purchase mortgage stands at a competitive 5.50%, marking a significant decline of 50 basis points from one week ago and a moderate reduction of 25 basis points over the past 30 days. This decrease lowers the cost of borrowing for members seeking shorter-term stability, benefiting those aiming to build equity faster with predictable payments. Meanwhile, the 30-Year Fixed Rate Purchase mortgage is priced at 5.99%, reflecting a modest improvement of approximately 14 basis points compared to last week but an increase of about 12 basis points relative to 30 days ago. This slight yield spread expansion suggests that long-term borrowing costs remain relatively stable but have edged higher over the month. Members prioritizing payment consistency may consider locking in fixed rates now; those evaluating refinancing should weigh potential savings against closing costs given recent rate movements. For details, visit https://wsecu.org/loans/mortgage-purchase.

As of June 3, 2026, mortgage rates have increased, with the 15-Year Fixed Rate Jumbo now at 6.360%, up by 20 basis points from yesterday. The 30-Year Fixed Rate Jumbo also rose to 6.648%, marking a 23 basis point increase in the same period. Over the past week, both loan types experienced a rise of 30 basis points, indicating a trend toward higher borrowing costs. Borrowers should be aware that these fluctuations could affect their purchasing power and overall mortgage affordability. Monitoring these changes is essential for making informed financing decisions in the current market environment.

Inflation expectations, as reflected by the Breakeven Inflation Rates, influence mortgage rates, yield curve signals, and overall borrowing costs. Currently, the Mortgage 30Yr Average Rates show a significant decline of 6.46 points over the last 60 days, indicating a potential easing in borrowing conditions. The Mortgage 30Yr Usda Average Rates experienced a slight drop of 0.07 points in the past week but increased by 0.21 points over the last month, highlighting variability for borrowers. With the lowest mortgage rate recorded at 6.059% for the Mortgage 30Yr Va Average Rates, borrowers should carefully consider these trends when making decisions regarding home financing and investments.

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