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.
