As of October 2, 2025, the St. Louis real estate market is experiencing a varied trend in mortgage rates, providing both opportunities and challenges for homebuyers and sellers. The 30-year fixed mortgage rate remains unchanged at 6.37%, maintaining a moderate level above the 6% threshold. Meanwhile, the 15-year fixed rate has seen a slight decrease, now at 5.88%, down by 0.01%. This shift suggests a potential opportunity for those considering shorter-term financing options.
The market’s mixed movement is also reflected in other mortgage categories. The 30-year jumbo rate has decreased to 6.27%, offering relief for buyers looking at higher-priced properties. Conversely, the 30-year FHA rate has increased slightly to 6.05%. The adjustable rate mortgage (7/6 SOFR ARM) has decreased to 5.78%, potentially attracting buyers interested in lower initial rates. These fluctuations highlight the importance of staying informed on current mortgage trends to make savvy financial decisions.
For St. Louis area buyers, these rate changes present a dynamic landscape. Those considering a 15-year loan may find the lower rates particularly appealing, while jumbo loan seekers can benefit from the reduced rates. Sellers might also find these conditions favorable as they can attract a diverse pool of buyers with varying financing needs. For a detailed view of historical rates, the chart button below provides comprehensive insights. This information is brought to you by MORE, REALTORS®, ensuring you have the latest data to navigate the St. Louis real estate market effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.37%
+0.00%
15 Yr. Fixed
5.88%
-0.01%
30 Yr. FHA
6.05%
+0.00%
30 Yr. Jumbo
6.27%
-0.01%
7/6 SOFR ARM
5.78%
-0.04%
30 Yr. VA
6.06%
-0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of October 2, 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.
On October 1, 2025, the U.S. federal government officially shut down after lawmakers failed to reach a deal to fund operations. The shutdown affects a wide range of federal agencies and services, many of which are relevant to the residential real estate market. One immediate impact is the lapse in authority for the National Flood Insurance Program (NFIP), which prevents new or renewed flood insurance policies from being issued. This directly affects home closings in flood zones, including parts of the St. Louis region where flood insurance is mandatory for federally backed loans.
While Fannie Mae and Freddie Mac continue operating because they are not dependent on annual appropriations, other parts of the mortgage process are already seeing slowdowns. IRS income transcript services, used by lenders for verification, may be delayed or unavailable. FHA and VA loans, which are used in many first-time buyer transactions, may also be delayed due to limited staffing at those agencies. If the shutdown drags on, the cumulative effect could cause delays in closings, increased buyer uncertainty, and a slowdown in overall transaction volume, particularly in markets like St. Louis where FHA and VA loans represent a significant share of activity.
If the shutdown is short, the damage may be minimal. But if it continues, homebuyers, sellers, lenders, and agents in St. Louis could be dealing with real consequences, from delayed deals to dropped contracts, in the weeks ahead.
As of September 25, 2025, the St. Louis real estate market is experiencing a mixed trend in mortgage rates. The 30-year fixed mortgage rate remains unchanged at 6.37%, maintaining its position above 6% and indicating ongoing stability despite the overall rising trend in the market. Meanwhile, the 15-year fixed mortgage rate saw a slight decrease, dropping by 0.01% to 5.89%. This minor reduction in the 15-year rate could offer some relief to potential homebuyers looking for shorter-term financing options.
For St. Louis homebuyers and sellers, these rate movements bring both challenges and opportunities. The unchanged 30-year fixed rate suggests a stable long-term borrowing cost, which could help maintain a predictable budget for homeowners. However, the slight decrease in the 15-year rate may prompt some buyers to consider shorter loan terms, potentially leading to faster equity accumulation and interest savings. The mixed changes in other rates, such as the 30-year Jumbo and 7/6 SOFR ARM, highlight the need for borrowers to carefully evaluate their options based on their unique financial situations.
For a deeper understanding of how these rates compare to historical trends, you can refer to the chart button below. This analysis is provided by MORE, REALTORS®, ensuring that potential buyers and sellers have access to the latest and most accurate information on current mortgage rates in the St. Louis area.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.37%
+0.00%
15 Yr. Fixed
5.89%
-0.01%
30 Yr. FHA
6.05%
-0.01%
30 Yr. Jumbo
6.27%
+0.01%
7/6 SOFR ARM
5.82%
+0.02%
30 Yr. VA
6.08%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of September 25, 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.
In September 2025, St. Louis homebuyers continue to face a challenging market as mortgage rates remain elevated. The 30-year fixed-rate mortgage stands at 6.22%, reflecting a 0.09% increase since last reported. The 15-year fixed mortgage also edged up to 5.75%. While some may have expected relief after the Federal Reserve’s latest move, that hasn’t materialized—at least not yet.
Yesterday, the Federal Reserve announced its first rate cut of the year, lowering the federal funds rate by 25 basis points to a target range of 4.00% to 4.25%. This marked a shift in policy as the Fed responded to slowing job growth and a cooling economy. However, unlike some past rate cuts, mortgage rates have not dropped in tandem.
This disconnect is due to a few key reasons. Mortgage rates are primarily influenced by longer-term Treasury yields and the pricing of mortgage-backed securities (MBS), not just the Fed’s short-term rate. Inflation remains higher than the Fed’s target, and concerns over future price growth are keeping long-term yields elevated. In addition, the Fed has continued reducing its balance sheet, including MBS holdings, which has made the mortgage market more volatile and less liquid.
In plain terms, even though the Fed is trying to ease overall borrowing costs, the market isn’t fully cooperating—at least not yet. So, while the rate cut may have helped prevent mortgage rates from going even higher, it’s not delivering the kind of relief buyers might expect.
For St. Louis-area buyers, this means affordability is still under pressure. Higher rates translate to higher monthly payments, and that may cause some buyers to delay their plans. Sellers may also notice more hesitancy from buyers. While the Fed’s action is a step toward lower rates, the mortgage market is marching to its own beat right now.
To better understand these trends and historical rate changes, prospective buyers and sellers can refer to the chart button below for detailed historical data. This information is provided by MORE, REALTORS®, a trusted source for real estate insights in the St. Louis area. Staying informed and working with an experienced real estate professional is key in a market like this.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.22%
+0.09%
15 Yr. Fixed
5.75%
+0.04%
30 Yr. FHA
5.95%
+0.04%
30 Yr. Jumbo
6.14%
-0.01%
7/6 SOFR ARM
5.65%
+0.00%
30 Yr. VA
5.98%
+0.06%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of September 18, 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.
As of September 11, 2025, mortgage rates in the St. Louis area continue their upward trajectory, maintaining levels that have become the norm in recent months. The 30-Year Fixed Rate remains unchanged at a moderate 6.29%, while the 15-Year Fixed Rate has seen a slight increase, now standing at 5.70%. This minor uptick marks a continued trend toward higher borrowing costs, reflecting broader economic conditions impacting mortgage rates nationwide.
For prospective homebuyers and sellers in the St. Louis market, these rate changes signify a period of careful consideration. Buyers may find the cost of financing a home slightly more challenging, impacting their purchasing power. Conversely, sellers might experience a slow-down in demand, necessitating strategic pricing to attract buyers. Experts suggest keeping an eye on the adjustable rate offerings, such as the 7/6 SOFR ARM, which has decreased to 5.65%, presenting a potentially attractive option for those seeking lower initial payments.
For a historical perspective on how these rates have evolved, please refer to the chart button below. This information is brought to you by MORE, REALTORS®, providing insights into the current mortgage landscape and its implications for the St. Louis real estate market.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.29%
+0.00%
15 Yr. Fixed
5.70%
+0.01%
30 Yr. FHA
5.99%
+0.01%
30 Yr. Jumbo
6.25%
+0.00%
7/6 SOFR ARM
5.65%
-0.03%
30 Yr. VA
6.01%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of September 11, 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.
As of early September 2025, St. Louis homebuyers are witnessing a favorable shift in mortgage rates, with notable decreases across several categories. The 30-year fixed rate mortgage has dipped to 6.49%, down by 0.04%, marking a significant drop below the 6.5% threshold that had been maintained in recent months. Similarly, the 15-year fixed rate now stands at 5.85%, showing a slight decrease of 0.03%. These reductions reflect a broader trend of falling rates in the market, offering potential buyers and refinancers in the St. Louis area a more attractive environment for securing home loans.
For those considering larger homes, the 30-year jumbo rate is currently at 6.42%, while government-backed loans such as the 30-year FHA and 30-year VA are also seeing reductions, with rates at 6.05% and lower, respectively. Adjustable-rate mortgages, exemplified by the 7/6 SOFR ARM, have decreased to 5.82%, providing another flexible option for buyers. These shifts present an opportunity for both buyers and sellers in St. Louis; buyers can benefit from lower monthly payments, while sellers may see increased interest and activity in the market.
For a more detailed look at historical rate changes, please refer to the chart button below. This information is provided by MORE, REALTORS®, ensuring that you are equipped with the most current and comprehensive data on St. Louis mortgage rates. Whether you’re entering the market or considering refinancing, these rate adjustments could significantly impact your financial plans and homebuying strategy.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.49%
-0.04%
15 Yr. Fixed
5.85%
-0.03%
30 Yr. FHA
6.05%
-0.04%
30 Yr. Jumbo
6.42%
-0.05%
7/6 SOFR ARM
5.82%
-0.09%
30 Yr. VA
6.07%
-0.03%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of September 4, 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.
In August 2025, the St. Louis real estate market is witnessing a slight yet noteworthy decline in mortgage rates, providing a glimmer of hope for potential homebuyers. The 30-year fixed mortgage rate has decreased marginally by 0.01%, settling at 6.51%. Similarly, the 15-year fixed rate has dropped by 0.02% to 5.88%. These small reductions, although modest, are a positive signal for those looking to enter the housing market in a period where rates have consistently hovered above 6.5%.
For local buyers and sellers in St. Louis, these rate adjustments could have significant implications. Buyers may find this dip an encouraging sign to take advantage of slightly lower borrowing costs, while sellers might see increased activity as more buyers are drawn to the market. It’s an opportune moment to explore the potential for refinancing existing loans or locking in rates before any future increases. To view how these rates have changed over time, please refer to the chart button below for historical data.
According to MORE, REALTORS®, these changes reflect a broader trend of falling rates, which could stimulate the St. Louis housing market. As rates continue their gradual descent, it’s crucial for both buyers and sellers to stay informed about these shifts to make the most financially sound decisions. Keep an eye on current mortgage rates and local market trends to navigate this evolving landscape effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.51%
-0.01%
15 Yr. Fixed
5.88%
-0.02%
30 Yr. FHA
6.08%
-0.02%
30 Yr. Jumbo
6.48%
-0.02%
7/6 SOFR ARM
5.95%
-0.02%
30 Yr. VA
6.09%
-0.03%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 28, 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.
In August 2025, St. Louis homebuyers and sellers are witnessing a continued rise in mortgage rates, with the 30-year fixed-rate mortgage reaching 6.54%, marking a 0.02% increase. This upward trend is mirrored across other mortgage products, including the 15-year fixed rate which rose to 5.93%, and the 30-year jumbo rate now standing at 6.55%. These rate increases are indicative of a tightening mortgage market in St. Louis, further evidenced by the 30-year FHA rate at 6.12% and the adjustable 7/6 SOFR ARM at 5.99%.
For prospective buyers in St. Louis, these rising rates may impact affordability and purchasing power, potentially influencing their home buying decisions. Sellers might also feel the effects as higher rates could temper demand, prompting strategic pricing adjustments. As the market shifts, both buyers and sellers should consider these changes and consult with local real estate experts to navigate the evolving landscape.
For a detailed view of historical mortgage rates, please refer to the chart button below. This information is brought to you by MORE, REALTORS®, providing insights into the St. Louis real estate market. Stay informed on the latest trends in ‘St Louis mortgage rates’ and ‘current mortgage rates’ to make well-informed real estate decisions.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.54%
+0.02%
15 Yr. Fixed
5.93%
+0.03%
30 Yr. FHA
6.12%
+0.01%
30 Yr. Jumbo
6.55%
+0.00%
7/6 SOFR ARM
5.99%
+0.00%
30 Yr. VA
6.14%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 25, 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.
In August 2025, St. Louis mortgage rates have continued their upward trajectory, with the 30-year fixed rate nudging up to 6.61%, a small increase of 0.01% from previous levels. This shift follows a pattern of rising rates, impacting the affordability of home loans within the region. The 15-year fixed rate also saw a modest increase, reaching 5.97%. However, not all rates followed the same path; the 30-year Jumbo rate decreased slightly, signaling mixed movements in the mortgage landscape.
For prospective homebuyers in St. Louis, these rising rates could mean higher monthly payments, potentially affecting purchasing power in an already competitive market. Sellers might experience a shift in buyer urgency, as some may look to lock in rates before further increases. The current economic conditions make it vital for both buyers and sellers to stay informed. Historical data, accessible via the chart button below, can provide additional insights into these trends.
The information in this report is provided by MORE, REALTORS®, offering a comprehensive overview of current mortgage conditions in the St. Louis area. As rates climb, understanding these fluctuations becomes crucial for making informed real estate decisions. For ongoing updates and detailed analysis, keep an eye on local real estate news and resources.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.61%
+0.01%
15 Yr. Fixed
5.97%
+0.01%
30 Yr. FHA
6.19%
+0.01%
30 Yr. Jumbo
6.68%
-0.02%
7/6 SOFR ARM
6.13%
-0.03%
30 Yr. VA
6.21%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 21, 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.
As of August 18, 2025, mortgage rates in the St. Louis area have seen a notable rise, with the 30-year fixed rate now at 6.58%, up by 0.02%. This marks a continued trend of increasing mortgage costs, pushing rates to levels above 6.5%, a significant milestone for potential homebuyers and refinancers. The 15-year fixed rate also experienced a slight uptick, now standing at 5.95%, reflecting a broad upward trajectory across various loan products including the 30-year FHA and Jumbo options.
For those navigating the St. Louis real estate market, these climbing rates could impact purchasing power and monthly affordability. Buyers might face higher monthly payments, while sellers may need to adjust pricing expectations as the pool of potential buyers shrinks due to increased borrowing costs. It’s crucial for market participants to stay informed of these changes. For historical rate comparisons and further insights, interested parties are encouraged to refer to the chart button below.
Provided by MORE, REALTORS®, this data highlights the importance of timing in real estate transactions as mortgage rates shape the landscape of buying and selling in St. Louis. Keeping a close eye on these trends can help both buyers and sellers make informed decisions in a dynamic market environment.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.58%
+0.02%
15 Yr. Fixed
5.95%
+0.01%
30 Yr. FHA
6.18%
+0.03%
30 Yr. Jumbo
6.69%
+0.01%
7/6 SOFR ARM
6.15%
+0.00%
30 Yr. VA
6.19%
+0.02%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 18, 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.
As of mid-August 2025, mortgage rates in the St. Louis real estate market continue their upward trajectory, with the 30-year fixed rate now at 6.56%, marking a 0.03% increase. This rise places the rate well above the 6.5% threshold, a level not seen in recent months, signaling a challenging environment for prospective homebuyers. Meanwhile, the 15-year fixed rate has also seen an increase, settling at 5.94%, up by 0.04%. These adjustments reflect a broader trend of rising interest rates, affecting various loan types, including FHA, Jumbo, and VA mortgages, all of which have seen increases.
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.
In St. Louis, the real estate market is experiencing nuanced shifts in mortgage rates as of August 2025, with the 30-year fixed mortgage rate slightly decreasing by 0.01%, settling at 6.57%. This minor adjustment reflects a mixed pattern in rate movements across different mortgage products, highlighting a complex landscape for potential homebuyers and sellers. The 15-year fixed rate remains steady at 5.93%, showing no change, while the 30-year FHA rate saw a decrease, which could be advantageous for first-time home buyers opting for government-backed loans.
The impact of these mixed rate movements on the St. Louis real estate market is significant. Buyers may find the small decrease in the 30-year fixed rate appealing, though rates remain on the higher side historically. Sellers might need to adjust expectations as higher rates can cool buyer enthusiasm. The stability in the 15-year fixed rate might attract those refinancing in hopes of locking in predictable payments without a significant increase in rates.
For a detailed look at how these rates have changed over time and what that means for your potential mortgage costs, click the chart button below. This real-time data provided by MORE, REALTORS® ensures you have the latest information to make informed decisions in the St. Louis housing market. Whether planning to buy, sell, or refinance, keeping an eye on these trends is crucial in navigating the current mortgage landscape effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.57%
-0.01%
15 Yr. Fixed
5.93%
+0.00%
30 Yr. FHA
6.17%
-0.02%
30 Yr. Jumbo
6.72%
+0.00%
7/6 SOFR ARM
6.12%
+0.01%
30 Yr. VA
6.18%
-0.02%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 7, 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.
Mortgage debt across the U.S. has continued its steady climb, reaching nearly $13 trillion by mid-2025. While this growth might seem alarming, the current lending standards remain significantly stricter than those seen before the 2008 financial crisis, reducing overall risk.
Government-backed loans from agencies such as Fannie Mae and Freddie Mac account for over half of the total mortgage balances, offering stability to the market. However, loans insured by the Federal Housing Administration (FHA), popular for their low down payment requirements, represent a disproportionate share of delinquencies. Although FHA loans make up just 12% of all mortgage balances, they account for nearly 40% of overdue payments, highlighting their increased risk.
Despite this concern, overall delinquency rates are still historically low, hovering around just 2%, which suggests most homeowners are managing their mortgages effectively. However, the concentration of higher-risk FHA loans, particularly in southern states and Puerto Rico, is something both lenders and borrowers need to keep an eye on.
Looking ahead, even minor declines in home prices could particularly strain FHA borrowers, who typically enter the housing market with less equity. Nonetheless, the broader mortgage market remains stable and secure. Staying informed and closely reviewing loan terms remains essential for every borrower to maintain financial health.
In a subtle yet welcome shift for prospective homebuyers in St. Louis, the 30-Year Fixed mortgage rate has decreased slightly to 6.75% as of July 2025, marking a modest drop of 0.02%. This change, though slight, contributes to an overall trend of falling rates in the region, offering a glimmer of relief in a market that has seen rates hovering above the 6.5% mark for some time. On the other hand, the 15-Year Fixed rate remains steady at 6.03%, indicating stability in shorter-term financing options.
This mixed pattern in rate adjustments could influence both buyers and sellers in the St. Louis real estate market. Buyers might find the lower 30-Year Fixed rate appealing, potentially increasing demand for homes, which could, in turn, slightly boost selling prices in competitive areas. Conversely, the stability of the 15-Year rate may encourage existing homeowners to consider refinancing to lock in manageable payments without committing to the longer-term uncertainty of adjustable rates.
For a detailed comparison and historical perspective on these rates, prospective buyers and sellers are encouraged to click the chart button below. This data is provided by MORE, REALTORS®, ensuring that local participants in the St. Louis real estate market are well-informed and prepared to make savvy decisions in a fluctuating financial landscape.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.75%
-0.02%
15 Yr. Fixed
6.03%
+0.00%
30 Yr. FHA
6.33%
-0.02%
30 Yr. Jumbo
6.87%
-0.01%
7/6 SOFR ARM
6.26%
-0.01%
30 Yr. VA
6.35%
-0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 31, 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.
The St. Louis real estate market is experiencing a modest rise in mortgage rates this July, with the 30-Year Fixed rate now reaching 6.78%, a slight increase of 0.01%. Similarly, the 15-Year Fixed rate has also edged up to 6.04%. These incremental changes mark a continuing trend of rising rates in the region, impacting both prospective homebuyers and sellers. The increase, though minor, continues to push the rates to some of the highest levels seen this year, particularly affecting the affordability and buying power of those looking to enter the housing market.
For potential buyers in St. Louis, these rising rates mean recalculating budgets and possibly adjusting search criteria to find suitable homes within financial limits. Sellers might face longer listing periods as high rates can deter some buyers. However, those looking to refinance might find this a crucial time to lock in rates before potential further increases. With the trend showing a steady climb, understanding these shifts is vital.
For a detailed view of how these rates have changed over time, click the chart button below. This comprehensive historical perspective, provided by MORE, REALTORS®, is essential for making informed decisions in this fluctuating market. Whether buying, selling, or refinancing, staying updated on the latest rate changes can significantly impact your real estate strategies in St. Louis.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.78%
+0.01%
15 Yr. Fixed
6.04%
+0.01%
30 Yr. FHA
6.36%
+0.01%
30 Yr. Jumbo
6.90%
+0.00%
7/6 SOFR ARM
6.25%
+0.00%
30 Yr. VA
6.38%
+0.02%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 24, 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.
In the ever-evolving real estate market of St. Louis, mortgage rates are showing nuanced movements as of July 2025. The 30-Year Fixed mortgage rate has experienced a slight decrease to 6.83%, down by 0.02%. Conversely, the 15-Year Fixed rate has inched up by 0.01%, settling at 6.08%. These shifts reflect a broader rising trend in the market, with other mortgage types like the 30-Year FHA and Jumbo rates also climbing, indicating a mixed yet predominantly upward trajectory in rate changes.
For potential homebuyers and sellers in the St. Louis area, these fluctuations could have significant implications. The slight drop in the 30-year fixed rate might offer a momentary advantage to those looking to secure a long-term loan at a slightly lower cost, while the increase in shorter-term rates suggests a growing cost for those looking to pay off their homes sooner. This environment requires careful consideration of financing options, particularly for first-time buyers who might be more sensitive to these changes.
For a detailed look at how these rates have shifted over time, prospective buyers and sellers are encouraged to click the chart button below. This historical perspective, provided by MORE, REALTORS®, can aid in making informed decisions in this dynamic market. As the landscape of St. Louis real estate continues to evolve, staying informed on the latest mortgage rates is crucial for navigating the market effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.83%
-0.02%
15 Yr. Fixed
6.08%
+0.01%
30 Yr. FHA
6.41%
+0.01%
30 Yr. Jumbo
6.93%
+0.01%
7/6 SOFR ARM
6.32%
+0.07%
30 Yr. VA
6.42%
+0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 17, 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.
As of July 2025, the St. Louis real estate market is experiencing a minor but welcome drop in mortgage rates, signaling a slight relief for prospective homebuyers. The 30-Year Fixed mortgage rate has decreased by 0.04%, now standing at 6.77%. Simultaneously, the 15-Year Fixed mortgage rate also saw a reduction of 0.04%, positioning it at 5.98%. These adjustments, though modest, contribute to a broader trend of falling rates within the region, offering a potential window of opportunity for those looking to secure a home loan at a slightly more favorable rate.
For buyers and sellers in the St. Louis area, these changes could influence decision-making processes. Lower rates may encourage buyers to enter the market, hoping to capitalize on the decreased borrowing costs. Conversely, sellers might find a more active market, as lower rates can increase the pool of potential buyers qualified to purchase their homes. These dynamics underscore the importance of staying informed on rate trends, especially in a fluctuating economic environment.
For a more detailed analysis of how these rates have changed over time, potential homebuyers and sellers are encouraged to click the chart button below. This information has been provided by MORE, REALTORS®, ensuring that stakeholders in the St. Louis real estate market have access to current and relevant mortgage rate data to make well-informed decisions.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.77%
-0.04%
15 Yr. Fixed
5.98%
-0.04%
30 Yr. FHA
6.28%
-0.06%
30 Yr. Jumbo
6.87%
-0.03%
7/6 SOFR ARM
6.39%
-0.06%
30 Yr. VA
6.29%
-0.06%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 10, 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.
As the St. Louis real estate market navigates through summer, mortgage rates continue their upward trajectory. Today, the 30-year fixed mortgage rate has inched up by 0.06% to 6.73%, marking a significant rise that impacts both potential homebuyers and sellers in the area. Similarly, the 15-year fixed rate also rose by 0.06%, settling at 5.97%. These increases are part of a broader trend that sees rates steadily climbing, affecting affordability and buyer demand.
For St. Louis residents, these rising rates mean recalculating budgets and potentially adjusting their buying power. Higher rates can add considerable cost over the life of a mortgage, making it crucial for buyers to evaluate their financing options carefully. Sellers might also feel the impact, as higher rates can cool down buyer enthusiasm and possibly lead to longer listing periods. Whether you’re looking to buy, sell, or refinance, staying informed about rate changes is key. For a detailed look at how these rates have changed over time, click the chart button below.
This analysis is provided by MORE, REALTORS®, and serves as a vital resource for understanding how current trends in mortgage rates could influence your real estate decisions in the St. Louis area. With rates expected to continue their upward climb, both buyers and sellers should prepare for a shifting market landscape.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.73%
+0.06%
15 Yr. Fixed
5.97%
+0.06%
30 Yr. FHA
6.25%
+0.06%
30 Yr. Jumbo
6.84%
+0.04%
7/6 SOFR ARM
6.33%
+0.04%
30 Yr. VA
6.26%
+0.06%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 3, 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.
Here’s an update on the One Big Beautiful Bill, fresh from its razor-thin Senate win and heading to the House.
Bottom line for the St. Louis market: The Senate kept nearly all the real-estate perks from the original plan and added a few new benefits that could mean lower taxes for homeowners across the metro, extra take-home pay for small landlords, and more funding for affordable housing projects.
What stayed the same:
Tax brackets and the standard deduction remain locked in and permanent. No surprise rate hikes in 2026.
The tax break for small real-estate businesses – like independent agents and landlords – gets even better. You can now deduct nearly a quarter of qualifying income, up from 20 percent.
Expanded Low-Income Housing Tax Credits promise more affordable apartment projects, like developments planned near the Cortex Innovation District and rehab of older buildings in South City.
Estate tax rules stay generous, letting each person pass on up to $15 million free of federal tax. That helps families keeping rental properties or historic homes in the family.
New wins in the Senate version:
State and local tax deductions jump from a $10,000 cap to $40,000. That could help higher income home owners receive some relief for the increase state and local taxes they pay (especially those living in the City of St Louis that are subject to the additional city earnings tax).
A new exclusion for tips and overtime pay means service workers – from restaurant staff to landscapers – keep more of what they earn, easing the path to homeownership or covering rent.
Seniors get a higher standard deduction, giving older homeowners on fixed incomes a bit more breathing room.
Next steps in the House: The U.S. House could vote any day. If they approve the Senate version as-is, the bill moves straight to the President – possibly by Independence Day. Any changes would send it back to the Senate, delaying final passage.
Why this matters in St. Louis: Locked-in low rates and bigger deductions keep more money circulating locally, whether you’re prepping a home for sale or advising a small investor. More affordable-housing funding can drive projects like the new Marquette Homes Project (Dutchtown and Gravois Park, St. Louis City) and the Clinton-Peabody Apartments Redevelopment.
In the latest financial update for the St. Louis area, mortgage rates have shown a marginal decrease, providing a slight relief to potential homebuyers. As of June 2025, the 30-Year Fixed mortgage rate has dipped to 6.79%, a small decrease of 0.03%. Similarly, the 15-Year Fixed rate has fallen by 0.02%, now standing at 6.02%. These adjustments represent a continuing trend of falling rates, albeit still hovering at higher levels, with the 30-Year rates maintaining above the 6.5% mark.
The impact of these changes on the St. Louis real estate market could be significant, particularly for buyers who are navigating the challenges of higher borrowing costs. Lower rates, even by fractional percentages, can translate into reduced monthly payments, making home purchases slightly more accessible in an otherwise expensive lending environment. Sellers might also find these lower rates beneficial as they can attract more buyers who are on the fence due to cost concerns.
For those interested in a deeper dive into the trends and historical data of mortgage rates, the chart button below offers a comprehensive view. This detailed analysis is provided courtesy of MORE, REALTORS®, ensuring that both buyers and sellers have the latest information at their fingertips to make informed decisions in the St. Louis housing market. As we move forward, keeping an eye on these rates will be crucial for anyone involved in real estate transactions in the area.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.79%
-0.03%
15 Yr. Fixed
6.02%
-0.02%
30 Yr. FHA
6.25%
-0.05%
30 Yr. Jumbo
6.89%
-0.01%
7/6 SOFR ARM
6.37%
-0.02%
30 Yr. VA
6.27%
-0.04%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of June 26, 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.
In St. Louis, the mortgage landscape is experiencing a minor but welcome decrease in rates as of June 2025. The 30-year fixed mortgage rate has edged down slightly to 6.87%, a decrease of 0.01%, while the 15-year fixed rate has also dropped by 0.03% to 6.13%. These changes, though modest, continue the overall downward trend in the local mortgage rate environment, providing some relief to homebuyers amidst rates that remain historically high.
For potential homebuyers and sellers in the St. Louis area, these rate adjustments mean slightly lower borrowing costs, which could enhance buying power in a market that has seen rates hovering above the 6.5% mark for some time. The decrease in rates across various mortgage types, including FHA and VA loans, suggests a broader market adjustment which could influence both the affordability and attractiveness of housing in the region.
For a more detailed look at how these rates compare to historical trends, click the chart button below. This analysis is provided by MORE, REALTORS®, ensuring you have access to current and relevant data to make informed decisions in the St. Louis real estate market. Whether you’re buying, selling, or refinancing, staying updated on rate changes could significantly impact your transaction.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.87%
-0.01%
15 Yr. Fixed
6.13%
-0.03%
30 Yr. FHA
6.41%
-0.02%
30 Yr. Jumbo
6.95%
-0.02%
7/6 SOFR ARM
6.42%
-0.02%
30 Yr. VA
6.42%
-0.02%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of June 19, 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.
In a modest respite for potential homebuyers, St. Louis mortgage rates have shown a fractional decrease as of June 2025, with the 30-Year Fixed Rate now sitting at 6.89%, a slight decline of 0.04%. The 15-Year Fixed Rate has also seen a minimal drop, now at 6.20%, down by 0.01%. While these changes may seem minimal, in the context of rates consistently above 6.5%, any reduction can be significant for those financing a home purchase.
For buyers and sellers in the St. Louis area, these changes signal a potentially cooling market, where slightly lower rates could enhance buying power, albeit modestly. The current rates, while still high, offer a momentary relief which could influence decisions on entering the housing market. Sellers might find a slightly more motivated pool of buyers, while buyers may benefit from marginally lower borrowing costs.
For a detailed view of how these rates have shifted over time, prospective buyers and sellers are encouraged to click the chart button below. This historical perspective, provided by MORE, REALTORS®, can offer valuable insights into the timing of real estate decisions in the St. Louis market. As always, keeping an eye on these trends can provide both buyers and sellers with a strategic advantage in navigating the real estate landscape.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.89%
-0.04%
15 Yr. Fixed
6.20%
-0.01%
30 Yr. FHA
6.43%
+0.00%
30 Yr. Jumbo
7.02%
-0.02%
7/6 SOFR ARM
6.41%
+0.03%
30 Yr. VA
6.44%
-0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of June 12, 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.
In a welcome shift for potential homeowners, mortgage rates in St. Louis have experienced a slight decrease as of June 2025. The 30-Year Fixed mortgage rate has dipped to 6.87%, a reduction of 0.09%, maintaining a level above the 6.5% threshold but showing signs of easing. Similarly, the 15-Year Fixed rate has also decreased by 0.09%, now at 6.12%. This downward trend offers a slight reprieve for buyers in the St. Louis real estate market who have been facing high rates in recent times.
The impact of these changes on the St. Louis housing market is significant, especially for first-time buyers and those looking to refinance. Lower rates can reduce monthly payments and overall loan costs, making homeownership more accessible in the current economic climate. However, even with these reductions, rates remain historically high, which continues to challenge market dynamics, influencing both buying power and inventory levels.
For a detailed view of how these rates have shifted over time and to see more specific data on other mortgage products like the 30-Year Jumbo and FHA rates, click the chart button below. This update is provided by MORE, REALTORS®, ensuring you have access to the latest and most accurate real estate market trends in St. Louis. Whether you’re buying, selling, or simply keeping an eye on the market, staying informed about current mortgage rates is crucial.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.87%
-0.09%
15 Yr. Fixed
6.12%
-0.09%
30 Yr. FHA
6.38%
-0.07%
30 Yr. Jumbo
6.98%
-0.07%
7/6 SOFR ARM
6.26%
+0.02%
30 Yr. VA
6.40%
-0.06%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of June 5, 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.
In the ever-dynamic St. Louis real estate market, mortgage rates have shown a slight decrease as of May 2025, providing a small but notable relief for prospective homebuyers. The 30-Year Fixed Rate mortgage, a popular choice among residents, has edged down by 0.01% to 6.97%. Similarly, the 15-Year Fixed Rate has decreased by 0.02%, settling at 6.23%. This trend of falling rates, although modest, points towards a potentially more accessible market for buyers.
For sellers in the St. Louis area, the current rate adjustments mean maintaining a competitive edge in pricing their homes to attract buyers who are keen to lock in rates before any possible increases. The slight decrease in rates could spur hesitant buyers into action, fearing future hikes. It’s crucial for both buyers and sellers to stay informed on rate changes and market trends to make well-informed decisions. For a detailed view of how these rates have fluctuated over time, please click on the chart button below.
This timely update on St. Louis mortgage rates is provided courtesy of MORE, REALTORS®, ensuring that both potential homebuyers and sellers have the latest data at their fingertips. As always, understanding these trends is key to navigating the complexities of the real estate market effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.97%
-0.01%
15 Yr. Fixed
6.23%
-0.02%
30 Yr. FHA
6.47%
-0.02%
30 Yr. Jumbo
7.10%
+0.00%
7/6 SOFR ARM
6.25%
-0.02%
30 Yr. VA
6.48%
-0.03%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 29, 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.
As of May 2025, the St. Louis real estate market is experiencing subtle shifts in mortgage rates, which are crucial for both potential home buyers and current homeowners considering refinancing. The 30-Year Fixed Rate has seen a slight increase to 7.08%, up by 0.09% from the previous period. This uptick suggests a tightening in lending conditions, potentially influencing buyer affordability in the St. Louis area. Similarly, the 15-Year Fixed Rate has risen to 6.39%, marking a change of 0.04%.
For those looking at more substantial home purchases, the 30-Year Jumbo Rate currently stands at 7.13%, closely aligning with the standard 30-year rate, indicating a stable lending environment for larger loans. Meanwhile, the 30-Year FHA Rate, often favored by first-time homebuyers for its lower down payment requirements, is slightly more favorable at 6.52%. Additionally, the Adjustable Rate (7/6 SOFR ARM) is at 6.49%, offering a potentially lower initial payment for those considering this type of financing.
Understanding these rates and their implications is vital for making informed real estate decisions in the St. Louis market. For a more detailed analysis, including historical rate trends, click the chart button below provided by MORE, REALTORS®. This information can help you navigate the complexities of mortgage financing as you plan your real estate investments or purchases in 2025.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
7.08%
+0.09%
15 Yr. Fixed
6.39%
+0.04%
30 Yr. FHA
6.52%
+0.11%
30 Yr. Jumbo
7.13%
+0.03%
7/6 SOFR ARM
6.49%
+0.01%
30 Yr. VA
6.54%
+0.12%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 22, 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.
As of May 2025, the St. Louis real estate market is experiencing shifts in mortgage rates that are essential for both potential home buyers and current homeowners considering selling. The 30-Year Fixed Rate has seen a slight increase to 6.99%, a change of +0.07% from previous figures. Similarly, the 15-Year Fixed Rate has risen to 6.34%, marking an increase of +0.08%. These adjustments might influence buyer affordability and seller market timing in the region.
For those looking into larger, more expensive properties, the 30-Year Jumbo Rate stands at 7.10%, while the more accessible FHA loans are available at a rate of 6.44%. Additionally, the Adjustable Rate (7/6 SOFR ARM) is currently at 6.63%, offering an alternative for those seeking potentially lower rates initially compared to fixed-rate mortgages. Each of these rates plays a crucial role in shaping the buying and selling strategies in the St. Louis market.
For a detailed understanding of how these rates compare historically, please click the chart button below. This information, provided by MORE, REALTORS®, offers a comprehensive view of current and past mortgage rates, helping you make informed decisions in the St. Louis real estate market. Whether you are looking to buy a new home or considering selling your property, staying updated on these rates is crucial in navigating the real estate landscape effectively.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.99%
+0.07%
15 Yr. Fixed
6.34%
+0.08%
30 Yr. FHA
6.44%
+0.11%
30 Yr. Jumbo
7.10%
+0.06%
7/6 SOFR ARM
6.63%
+0.06%
30 Yr. VA
6.45%
+0.10%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 15, 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.
As we navigate the complexities of the St. Louis real estate market in May 2025, understanding the current mortgage rates is crucial for both potential home buyers and sellers. The latest data provided by MORE, REALTORS® indicates a slight decrease in interest rates, which could influence decision-making processes in the housing market. The 30-Year Fixed Rate now stands at 6.86%, showing a minor reduction of 0.02%. Similarly, the 15-Year Fixed Rate has also decreased by 0.02%, currently at 6.19%. These small changes suggest a relatively stable interest rate environment.
For those considering more substantial home purchases, the 30-Year Jumbo Rate remains constant at 7.00%. Meanwhile, the FHA option, often favored by first-time homebuyers, offers a lower rate of 6.25% for a 30-Year term. Additionally, the Adjustable Rate (7/6 SOFR ARM) is currently set at 6.45%, providing an alternative for those looking for potentially lower payments initially.
These figures are essential for understanding the broader implications on the St. Louis housing market. Lower interest rates can increase buying power, potentially leading to more competitive housing markets. Conversely, higher rates might slow down the market, as borrowing becomes more expensive. For a visual representation of these trends, please refer to the chart button below, which includes both current and historic interest rates. This information, provided by MORE, REALTORS®, aims to assist you in making informed decisions in the St. Louis real estate landscape.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.86%
-0.02%
15 Yr. Fixed
6.19%
-0.02%
30 Yr. FHA
6.25%
-0.03%
30 Yr. Jumbo
7.00%
-0.01%
7/6 SOFR ARM
6.45%
+0.01%
30 Yr. VA
6.27%
-0.03%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 8, 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.
As of May 2025, the St. Louis real estate market is experiencing a variety of mortgage rate options that cater to different types of buyers and refinancing needs. The 30-Year Fixed Rate remains steady at 6.81%, indicating a stable lending environment. On the other hand, the 15-Year Fixed Rate has seen a slight decrease to 6.15%, down by 0.02%, which might appeal to homeowners looking to refinance and pay off their loans faster.
For those considering larger, more expensive properties, the 30-Year Jumbo Rate is currently at 6.95%. This rate is slightly higher than the standard fixed rates, reflecting the increased risk associated with larger loan amounts. Additionally, the 30-Year FHA Rate, often chosen by first-time homebuyers for its lower down payment requirements, is attractively set at 6.18%. Those looking for more flexibility might find the Adjustable Rate (7/6 SOFR ARM) appealing, which is currently at 6.35%.
Understanding these rates is crucial for making informed decisions in the housing market. For a visual representation of how these rates have changed over time, click the chart button below. This information, provided by MORE, REALTORS®, helps potential buyers and sellers in the St. Louis metropolitan area navigate their real estate transactions with up-to-date and relevant data. Whether you’re buying your first home, upgrading to a larger property, or refinancing, keeping an eye on these rates can provide valuable guidance.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.81%
+0.00%
15 Yr. Fixed
6.15%
-0.02%
30 Yr. FHA
6.18%
-0.01%
30 Yr. Jumbo
6.95%
+0.00%
7/6 SOFR ARM
6.35%
-0.02%
30 Yr. VA
6.19%
-0.01%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 1, 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.
As of April 2025, the St. Louis real estate market is experiencing a shift in mortgage rates that potential home buyers and sellers should consider. The 30-Year Fixed Rate has climbed slightly to 6.95%, marking an increase of 0.10% from previous figures. Similarly, the 15-Year Fixed Rate has risen to 6.37%, up by 0.13%. These changes indicate a trend towards rising mortgage costs in the region, which could influence buying decisions and market dynamics.
For those considering more substantial home purchases, the 30-Year Jumbo Rate stands at 7.05%, while the 30-Year FHA Rate is notably lower at 6.42%. Additionally, the Adjustable Rate (7/6 SOFR ARM) is currently at 6.43%, offering a potentially attractive option for buyers looking for lower initial rates. Understanding these figures is crucial for making informed decisions in today’s market.
For a detailed view of how these rates compare historically, please click the chart button below. This information is provided by MORE, REALTORS®, and is essential for anyone looking to navigate the complexities of the St. Louis real estate market this April 2025. Whether you’re buying your first home or investing in property, staying updated on these trends can significantly impact your strategies and outcomes.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.95%
+0.10%
15 Yr. Fixed
6.37%
+0.13%
30 Yr. FHA
6.42%
+0.19%
30 Yr. Jumbo
7.05%
+0.15%
7/6 SOFR ARM
6.43%
+0.10%
30 Yr. VA
6.45%
+0.20%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of April 24, 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.
As of April 2025, the St. Louis real estate market is experiencing a dynamic shift in mortgage rates, crucial for both potential homebuyers and current homeowners considering refinancing. The 30-year fixed mortgage rate has seen a slight increase to 6.95%, up by 0.10% from the previous month. Similarly, the 15-year fixed rate has risen to 6.37%, marking a 0.13% increase. These changes reflect broader economic trends impacting borrowing costs.
For those looking at more substantial properties, the 30-year jumbo loan rate stands at 7.05%, slightly higher than conventional loan rates, indicating a premium for higher loan amounts. Conversely, more affordable options like the 30-Year FHA rate are currently at 6.42%, offering a relatively lower entry point for first-time homebuyers. Additionally, the Adjustable Rate Mortgage (ARM), specifically the 7/6 SOFR ARM, is now at 6.43%, providing an alternative for those expecting to move or refinance within a shorter time frame.
Understanding these rates is crucial for making informed decisions in the housing market. For a detailed view of how these rates have changed over time, click the chart button below. This data, provided by MORE, REALTORS®, offers a comprehensive look at current and historic interest rates, aiding buyers and sellers in navigating the complexities of the real estate market in St. Louis. As the market continues to evolve, staying updated on these trends will be key to making strategic real estate decisions.
Current Mortgage Rates*
Loan Type
Current Rate
Change From Prior Day
30 Yr. Fixed
6.95%
+0.10%
15 Yr. Fixed
6.37%
+0.13%
30 Yr. FHA
6.42%
+0.19%
30 Yr. Jumbo
7.05%
+0.15%
7/6 SOFR ARM
6.43%
+0.10%
30 Yr. VA
6.45%
+0.20%
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of April 17, 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.
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