Introduction
On July 24, 2026, mortgage rates are holding steady with a few subtle shifts worth watching. If you’re thinking about refinancing or buying, today’s lowest rate comes from Knoxville TVA Employees Credit Union at 5.25% for a 15-year fixed-rate refinance, offering a solid option for those aiming to cut years off their mortgage. Meanwhile, Zillow’s jumbo loan rates show slight movement, and Federal Reserve data signals modest inflation changes that could nudge borrowing costs soon. Here’s what you need to know before locking in a rate, because even small differences can save or cost you hundreds each month.
At a glance
Refinance - Conventional 15 yrs Fixed
| Lender | 2026-07-24 Current | 2026-07-17 7 Days Ago | 2026-07-09 15 Days Ago | 2026-06-24 30 Days Ago | 2026-06-09 45 Days Ago | 2026-05-25 60 Days Ago | 2026-04-25 90 Days Ago | 2026-01-25 180 Days Ago |
|---|---|---|---|---|---|---|---|---|
| KNOXVILLE TVA EMPLOYEES CREDIT UNIONLOWEST | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | N/A | 5.38% | 5.25% |
| DELTA COMMUNITY CREDIT UNION | 5.38%▲ 13 bps | 5.25% | 5.25% | 5.25% | 5.25% | 5.13% | 5.00% | 4.88% |
| FIRST COMMUNITY CREDIT UNION | 5.50%▲ 13 bps | 5.38% | 5.38% | 5.38% | 5.50% | 5.50% | 5.13% | 4.63% |
| 1ST ADVANTAGE FEDERAL CREDIT UNION | 5.63% | 5.63% | 5.63% | 5.63% | N/A | 5.25% | 5.25% | 5.25% |
| SPACE COAST CREDIT UNION | 5.63%▲ 13 bps | 5.50% | 5.50% | 5.50% | 5.50% | 5.75% | 5.63% | 5.38% |
| TROPICAL FINANCIAL CREDIT UNION | 5.63% | 5.63% | 5.50% | 5.63% | 5.50% | 5.63% | 5.25% | 5.00% |
| AFFINITY PLUS FEDERAL CREDIT UNION | 6.13%▲ 13 bps | 6.00% | 5.88% | 5.88% | 5.88% | 5.88% | 5.63% | 5.38% |
| CONNECTICUT STATE EMPLOYEES CREDIT UNION | 6.13%▲ 25 bps | 5.88% | 6.00% | 5.40% | 5.40% | 5.40% | 5.40% | 5.40% |
Sorted by current rate, lowest first. Scroll sideways for rate history. ▼ means the current rate is lower than last week, ▲ higher.
Refinance - Conventional 30 yrs Fixed
| Lender | 2026-07-24 Current | 2026-07-17 7 Days Ago | 2026-07-09 15 Days Ago | 2026-06-24 30 Days Ago | 2026-06-09 45 Days Ago | 2026-05-25 60 Days Ago | 2026-04-25 90 Days Ago | 2026-01-25 180 Days Ago |
|---|---|---|---|---|---|---|---|---|
| KNOXVILLE TVA EMPLOYEES CREDIT UNIONLOWEST | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | N/A | 5.88% | 5.88% |
| 1ST ADVANTAGE FEDERAL CREDIT UNION | 5.88% | 5.88% | 5.88% | 5.88% | N/A | 5.75% | 5.75% | 5.75% |
| DELTA COMMUNITY CREDIT UNION | 6.13%▲ 13 bps | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 5.75% | 5.50% |
| FIRST COMMUNITY CREDIT UNION | 6.38%▲ 25 bps | 6.13% | 6.13% | 6.25% | 6.25% | 6.25% | 6.00% | 5.50% |
| SPACE COAST CREDIT UNION | 6.38%▲ 13 bps | 6.25% | 6.25% | 6.25% | 6.25% | 6.50% | 6.38% | 6.13% |
| TROPICAL FINANCIAL CREDIT UNION | 6.50% | 6.50% | 6.38% | 6.50% | 6.38% | 6.50% | 6.25% | 6.00% |
| AFFINITY PLUS FEDERAL CREDIT UNION | 6.75%▲ 25 bps | 6.50% | 6.38% | 6.38% | 6.38% | 6.50% | 6.13% | 5.88% |
| CONNECTICUT STATE EMPLOYEES CREDIT UNION | 6.75%▲ 25 bps | 6.50% | 6.50% | N/A | N/A | N/A | N/A | N/A |
Sorted by current rate, lowest first. Scroll sideways for rate history. ▼ means the current rate is lower than last week, ▲ higher.
1ST ADVANTAGE FEDERAL CREDIT UNION
As of July 24, 2026, mortgage rates for refinance options remain stable across the board. The 15-Year Fixed refinance rate holds steady at 5.625%, matching its level from one week and one month ago, with no change in basis points. Similarly, the 30-Year Fixed refinance rate remains at 5.875%, unchanged over the past seven and thirty days. These stable yields suggest no immediate shifts in borrowing costs for homeowners seeking to refinance.
For members prioritizing predictability, the 15-Year Fixed option offers the lowest current rate, beneficial for those aiming to reduce interest expenses over a shorter term. Meanwhile, the 30-Year Fixed maintains consistent pricing, supporting longer-term budget planning without volatility.
Given this environment, members should evaluate their refinancing needs carefully; consider fixed-rate products if stability aligns with your financial strategy and assess if potential savings justify refinancing costs. For details, visit https://www.1stadvantage.org/personal/home-loans-equity/refinance-home-loan/#rates.
AFFINITY PLUS FEDERAL CREDIT UNION
As of July 24, 2026, conventional refinance mortgage rates have risen modestly. The 15-year fixed-rate conventional refinance stands at 6.125%, up by 12.5 basis points compared to last week and 25 basis points higher than a month ago. Meanwhile, the 30-year fixed-rate conventional refinance is priced at 6.75%, marking a 25 basis points increase week-over-week and a 37.5 basis points rise over the past 30 days.
These upward movements imply higher borrowing costs for members considering refinancing, particularly impacting those aiming to shorten loan terms or reduce monthly payments through the 15-year option, which remains the lowest rate available today. Members should carefully evaluate whether current savings from refinancing justify these increased yields.
Given current market trends, it is prudent to assess fixed-rate options if stability in payments is prioritized or explore refinancing only when projected cost reductions outweigh closing expenses. For details, visit https://www.affinityplus.org/rates/mortgage-rates.
CONNECTICUT STATE EMPLOYEES CREDIT UNION
As of July 24, 2026, mortgage rates for refinance options have increased notably. The 15-Year Fixed Refinance rate rose by 25 basis points to 6.125%, marking a significant climb of 72.5 basis points compared to 30 days ago. This increase raises the cost of borrowing for members seeking shorter-term stability and faster equity buildup. Meanwhile, the 30-Year Fixed Refinance rate also increased by 25 basis points to 6.75% over the past week, affecting long-term affordability and monthly payment calculations.
Members considering refinancing should evaluate whether locking in a fixed rate aligns with their financial goals, especially given these rising yields. Those prioritizing predictable payments might find the fixed terms suitable despite higher rates; others should assess if potential savings outweigh closing costs.
For details, visit https://www.csecreditunion.com/Rates/Loan-Rates#firstmortgage.
DELTA COMMUNITY CREDIT UNION
As of July 24, 2026, refinance rates for fixed-term mortgages show a modest increase. The 15-year fixed refinance rate rose by 12.5 basis points to 5.375%, marking the lowest rate available today. Similarly, the 30-year fixed refinance rate increased by 12.5 basis points to 6.125% over the past week. These upward adjustments impact borrowers' cost of refinancing, slightly raising monthly payments and overall yield spreads.
For members considering refinancing, particularly those seeking shorter terms, the 15-year fixed option at 5.375% offers a comparatively lower borrowing cost and may suit those prioritizing faster equity build-up. Conversely, the 30-year fixed refinance at 6.125% entails higher long-term interest but provides stable payments over time.
Given these movements, evaluate your mortgage strategy carefully; consider fixed-rate options if you value payment stability or assess refinancing only when potential savings outweigh associated costs.
FIRST COMMUNITY CREDIT UNION
On July 24, 2026, 15 Year Fixed Refinance rates increased by 12.5 basis points to 5.50%, marking a modest rise from last week and continuing an upward trend over the past month. Meanwhile, the 30 Year Fixed Refinance rate rose by 25 basis points week-over-week to 6.375%, reflecting higher borrowing costs compared to recent weeks.
These shifts in fixed refinance rates signal a tightening yield environment, affecting members looking to reduce monthly payments or shorten loan terms. Borrowers prioritizing payment stability may find the 15 Year Fixed option more cost-effective despite the slight rate increase, while those requiring longer terms should carefully evaluate the impact of rising rates on overall interest expense.
Members are advised to assess their refinancing needs in light of these changes and consider locking rates if long-term predictability is a priority. For details, visit https://fccu.org/loans/home-loans/mortgage-refinances.
KNOXVILLE TVA EMPLOYEES CREDIT UNION
As of July 24, 2026, refinance rates at Knoxville TVA Employees Credit Union remain stable with the 15-Year Fixed-Rate Mortgage holding steady at 5.25% and the 30-Year Fixed-Rate Mortgage unchanged at 5.50%. Both products show no movement over the past week or month, indicating consistent yield spreads and borrowing costs for members seeking to refinance.
For homeowners prioritizing lower monthly payments, the 30-year fixed-rate option at 5.50% continues to provide predictable long-term budgeting, while those aiming to reduce interest expense over a shorter term may find value in the lowest rate available today, the 15-year fixed at 5.25%. Given this stability, members should evaluate their mortgage strategy based on current financial goals and market conditions.
Consider refinancing if potential savings exceed transaction costs; fixed-rate options are advisable for borrowers valuing payment consistency.
For details, visit https://www.tvacreditunion.com/borrow/loans/home-refinance.html.
SPACE COAST CREDIT UNION
As of July 24, 2026, fixed-rate refinance mortgages in Space Coast show a modest increase in borrowing costs. The 15-year fixed refinance rate rose by 12.5 basis points, now at 5.625%, marking the lowest rate available today. Similarly, the 30-year fixed refinance rate increased by the same margin to 6.375%. These upward movements reflect a slight tightening in yield spreads over the past week and month.
For members refinancing their homes, this means incremental increases in monthly payments compared to rates seen just 7 or 30 days ago. Borrowers valuing payment stability may find the 15-year fixed refinance option at 5.625% particularly relevant, balancing term length with competitive rates. Evaluating your mortgage strategy against current rates can help identify opportunities to reduce long-term interest expenses, especially if your existing loan is significantly higher.
Consider refinancing when projected savings exceed transaction costs, focusing on fixed-rate options if you prioritize predictable payments. For details, visit https://www.sccu.com/personal/mortgage-purchase-products/mortgage-refinance.
TROPICAL FINANCIAL CREDIT UNION
As of July 24, 2026, Tropical Financial reports stable mortgage rates for key refinance products. The 15-year fixed refinance remains at a competitive 5.625%, unchanged from one week and one month ago, representing the lowest rate available today. Similarly, the 30-year fixed refinance holds steady at 6.5%, with no change over both seven and thirty days. These stable yields suggest consistent borrowing costs for members considering refinancing options.
For homeowners evaluating long-term financial impact, the persistent rate levels imply predictable monthly payments under fixed-rate loans. Borrowers prioritizing rate certainty may find the 15-year fixed refinance advantageous due to its lower yield spread relative to the 30-year term. Members should assess whether refinancing aligns with their cost reduction goals given current market steadiness.
Consider reviewing your mortgage strategy in light of these steady rates; fixed-rate refinancing could reduce total interest expense if closing costs are justified. For details, visit https://www.tropicalfcu.com/compare-florida-mortgage-home-refinance-rates.
Zillow National Average
As of July 24, 2026, mortgage rates show a mixed trend. The 15-Year Fixed Rate Jumbo increased to 6.375%, up 12 basis points from yesterday and 3 basis points over the past week, indicating a slight rise in the cost of borrowing for shorter-term loans. Conversely, the 30-Year Fixed Rate Jumbo decreased to 6.500%, down 8 basis points from the previous day; however, it has risen by 13 basis points over the past month. Borrowers should consider these fluctuations when evaluating their options, as changes in interest rates can significantly impact overall loan costs.
Federal Reserve Economic Trends
Current inflation expectations, as indicated by the Breakeven Inflation Rates, are influencing mortgage rates and the overall cost of borrowing. The Mortgage 30Yr Usda Average Rate has seen the most significant changes, increasing by 0.22 points over the last week and 0.34 points over the past month, reaching 6.508%, which is the lowest rate among the options provided. Conversely, the 15-Year Mortgage Average Rate remains stable at 5.960%. As inflation expectations adjust, potential borrowers should consider how these fluctuations in rates impact affordability and long-term financial planning. Monitoring these trends is essential for making informed borrowing decisions in a shifting economic landscape.
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Conclusion
Looking ahead, the steady climb in several 30-year fixed rates by about eight basis points signals borrowers should weigh their options carefully. Refinancers and buyers alike will benefit from focusing on credit unions like Knoxville TVA Employees for competitive 15-year fixed loans if shortening your mortgage is the goal. Keep an eye on inflation trends; they influence rates and your overall borrowing cost. Remember, a quarter-percent increase might not seem like much but could add dozens of dollars monthly and thousands over time. The best move now is to run the numbers based on your financial goals and consider locking in competitive fixed-rate loans before rates edge higher. Planning with patience and precision pays off in long-term savings.