The implications for buyers and sellers in the St. Louis area are considerable. With higher mortgage rates, potential homebuyers may face increased monthly payments, prompting some to reconsider their purchasing power and timing. Sellers might experience a slowing market as buyers adjust to the new financial landscape. For those considering refinancing, the current rates may not be as favorable as earlier in the year.
For a detailed overview of how these rates compare historically, please consult the chart button below. This analysis is provided by MORE, REALTORS®, who continue to track and interpret the evolving mortgage landscape for the benefit of St. Louis residents. As rates continue to rise, staying informed is crucial for anyone involved in the housing market.
Current Mortgage Rates*
| Loan Type | Current Rate | Change From Prior Day |
|---|---|---|
| 30 Yr. Fixed | 6.27% | +0.14% |
| 15 Yr. Fixed | 5.82% | +0.10% |
| 30 Yr. FHA | 6.00% | +0.11% |
| 30 Yr. Jumbo | 6.20% | +0.05% |
| 7/6 SOFR ARM | 5.90% | +0.04% |
| 30 Yr. VA | 6.02% | +0.12% |
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of October 30, 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.
