St. Louis Mortgage Rates Fall Below 6.5% in September 2025 – 30-Year Fixed Drops to 6.49%

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 (and historical) Mortgage Rates Chart Get a REAL Pre-Approval Now

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.