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.
