For those considering entering the St. Louis housing market, these rate reductions could mean slightly lower monthly payments and increased affordability, providing an incentive for both buyers looking to secure a mortgage and current homeowners considering refinancing. Sellers may find this environment encourages more buyers to enter the market, potentially supporting home prices in the area. For more detailed historical rate trends, interested parties can refer to the chart button below.
This update is provided by MORE, REALTORS®, your local source for comprehensive real estate information. Whether you’re buying or selling in St. Louis, understanding current mortgage trends is crucial in making informed decisions. Stay tuned for more updates as the market continues to evolve.
Current Mortgage Rates*
| Loan Type | Current Rate | Change From Prior Day |
|---|---|---|
| 30 Yr. Fixed | 6.36% | -0.02% |
| 15 Yr. Fixed | 5.85% | -0.01% |
| 30 Yr. FHA | 5.99% | -0.01% |
| 30 Yr. Jumbo | 6.44% | -0.01% |
| 7/6 SOFR ARM | 6.03% | -0.01% |
| 30 Yr. VA | 6.00% | +0.00% |
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of November 20, 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.