For buyers in the St. Louis area, these rate hikes could mean higher monthly payments and a potential reassessment of budgets. Sellers might also feel the impact as higher rates could dampen buyer enthusiasm, potentially leading to longer listing times. Despite these challenges, the market remains resilient, with many buyers still eager to secure properties before rates climb further. To explore historical rate trends, please refer to the chart button below. This data is provided by MORE, REALTORS®, offering a comprehensive view of current mortgage conditions.
As the market adjusts to these new rate levels, both buyers and sellers are advised to stay informed and consult with local real estate experts to navigate the evolving landscape effectively. Keeping an eye on trends in St. Louis mortgage rates is essential for making informed decisions in this dynamic market.
Current Mortgage Rates*
| Loan Type | Current Rate | Change From Prior Day |
|---|---|---|
| 30 Yr. Fixed | 6.56% | +0.03% |
| 15 Yr. Fixed | 5.94% | +0.04% |
| 30 Yr. FHA | 6.15% | +0.04% |
| 30 Yr. Jumbo | 6.68% | +0.01% |
| 7/6 SOFR ARM | 6.15% | +0.03% |
| 30 Yr. VA | 6.17% | +0.05% |
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 14, 2025. Individual rates may vary based on factors including loan amount, down payment, credit score, property type, occupancy status, and market conditions. Contact a licensed mortgage professional for personalized rate quotes.
