For potential homebuyers and sellers in the St. Louis area, these rate adjustments mean slightly lower borrowing costs, which could enhance buying power in a market that has seen rates hovering above the 6.5% mark for some time. The decrease in rates across various mortgage types, including FHA and VA loans, suggests a broader market adjustment which could influence both the affordability and attractiveness of housing in the region.
For a more detailed look at how these rates compare to historical trends, click the chart button below. This analysis is provided by MORE, REALTORS®, ensuring you have access to current and relevant data to make informed decisions in the St. Louis real estate market. Whether you’re buying, selling, or refinancing, staying updated on rate changes could significantly impact your transaction.
Current Mortgage Rates*
| Loan Type | Current Rate | Change From Prior Day |
|---|---|---|
| 30 Yr. Fixed | 6.87% | -0.01% |
| 15 Yr. Fixed | 6.13% | -0.03% |
| 30 Yr. FHA | 6.41% | -0.02% |
| 30 Yr. Jumbo | 6.95% | -0.02% |
| 7/6 SOFR ARM | 6.42% | -0.02% |
| 30 Yr. VA | 6.42% | -0.02% |
*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of June 19, 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.