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

By , on September 8th, 2025
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 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.

St. Louis Mortgage Rates Edge Down to 6.51% in August 2025 – A Welcome Relief for Buyers

By , on August 28th, 2025
In August 2025, the St. Louis real estate market is witnessing a slight yet noteworthy decline in mortgage rates, providing a glimmer of hope for potential homebuyers. The 30-year fixed mortgage rate has decreased marginally by 0.01%, settling at 6.51%. Similarly, the 15-year fixed rate has dropped by 0.02% to 5.88%. These small reductions, although modest, are a positive signal for those looking to enter the housing market in a period where rates have consistently hovered above 6.5%.

For local buyers and sellers in St. Louis, these rate adjustments could have significant implications. Buyers may find this dip an encouraging sign to take advantage of slightly lower borrowing costs, while sellers might see increased activity as more buyers are drawn to the market. It’s an opportune moment to explore the potential for refinancing existing loans or locking in rates before any future increases. To view how these rates have changed over time, please refer to the chart button below for historical data.

According to MORE, REALTORS®, these changes reflect a broader trend of falling rates, which could stimulate the St. Louis housing market. As rates continue their gradual descent, it’s crucial for both buyers and sellers to stay informed about these shifts to make the most financially sound decisions. Keep an eye on current mortgage rates and local market trends to navigate this evolving landscape effectively.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.51% -0.01%
15 Yr. Fixed 5.88% -0.02%
30 Yr. FHA 6.08% -0.02%
30 Yr. Jumbo 6.48% -0.02%
7/6 SOFR ARM 5.95% -0.02%
30 Yr. VA 6.09% -0.03%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 28, 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.

St. Louis Mortgage Rates Climb to 6.54% in August 2025 – 30-Year Fixed Sees Notable Rise

By , on August 25th, 2025
In August 2025, St. Louis homebuyers and sellers are witnessing a continued rise in mortgage rates, with the 30-year fixed-rate mortgage reaching 6.54%, marking a 0.02% increase. This upward trend is mirrored across other mortgage products, including the 15-year fixed rate which rose to 5.93%, and the 30-year jumbo rate now standing at 6.55%. These rate increases are indicative of a tightening mortgage market in St. Louis, further evidenced by the 30-year FHA rate at 6.12% and the adjustable 7/6 SOFR ARM at 5.99%.

For prospective buyers in St. Louis, these rising rates may impact affordability and purchasing power, potentially influencing their home buying decisions. Sellers might also feel the effects as higher rates could temper demand, prompting strategic pricing adjustments. As the market shifts, both buyers and sellers should consider these changes and consult with local real estate experts to navigate the evolving landscape.

For a detailed view of historical mortgage rates, please refer to the chart button below. This information is brought to you by MORE, REALTORS®, providing insights into the St. Louis real estate market. Stay informed on the latest trends in ‘St Louis mortgage rates’ and ‘current mortgage rates’ to make well-informed real estate decisions.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.54% +0.02%
15 Yr. Fixed 5.93% +0.03%
30 Yr. FHA 6.12% +0.01%
30 Yr. Jumbo 6.55% +0.00%
7/6 SOFR ARM 5.99% +0.00%
30 Yr. VA 6.14% +0.01%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 25, 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.

St. Louis Mortgage Rates Edge Higher in August 2025 – 30-Year Fixed Reaches 6.61%

By , on August 21st, 2025
In August 2025, St. Louis mortgage rates have continued their upward trajectory, with the 30-year fixed rate nudging up to 6.61%, a small increase of 0.01% from previous levels. This shift follows a pattern of rising rates, impacting the affordability of home loans within the region. The 15-year fixed rate also saw a modest increase, reaching 5.97%. However, not all rates followed the same path; the 30-year Jumbo rate decreased slightly, signaling mixed movements in the mortgage landscape.

For prospective homebuyers in St. Louis, these rising rates could mean higher monthly payments, potentially affecting purchasing power in an already competitive market. Sellers might experience a shift in buyer urgency, as some may look to lock in rates before further increases. The current economic conditions make it vital for both buyers and sellers to stay informed. Historical data, accessible via the chart button below, can provide additional insights into these trends.

The information in this report is provided by MORE, REALTORS®, offering a comprehensive overview of current mortgage conditions in the St. Louis area. As rates climb, understanding these fluctuations becomes crucial for making informed real estate decisions. For ongoing updates and detailed analysis, keep an eye on local real estate news and resources.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.61% +0.01%
15 Yr. Fixed 5.97% +0.01%
30 Yr. FHA 6.19% +0.01%
30 Yr. Jumbo 6.68% -0.02%
7/6 SOFR ARM 6.13% -0.03%
30 Yr. VA 6.21% +0.01%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 21, 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.

St. Louis Mortgage Rates Climb Above 6.5% in August 2025 – A Rising Tide for Homebuyers

By , on August 18th, 2025
As of August 18, 2025, mortgage rates in the St. Louis area have seen a notable rise, with the 30-year fixed rate now at 6.58%, up by 0.02%. This marks a continued trend of increasing mortgage costs, pushing rates to levels above 6.5%, a significant milestone for potential homebuyers and refinancers. The 15-year fixed rate also experienced a slight uptick, now standing at 5.95%, reflecting a broad upward trajectory across various loan products including the 30-year FHA and Jumbo options.

For those navigating the St. Louis real estate market, these climbing rates could impact purchasing power and monthly affordability. Buyers might face higher monthly payments, while sellers may need to adjust pricing expectations as the pool of potential buyers shrinks due to increased borrowing costs. It’s crucial for market participants to stay informed of these changes. For historical rate comparisons and further insights, interested parties are encouraged to refer to the chart button below.

Provided by MORE, REALTORS®, this data highlights the importance of timing in real estate transactions as mortgage rates shape the landscape of buying and selling in St. Louis. Keeping a close eye on these trends can help both buyers and sellers make informed decisions in a dynamic market environment.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.58% +0.02%
15 Yr. Fixed 5.95% +0.01%
30 Yr. FHA 6.18% +0.03%
30 Yr. Jumbo 6.69% +0.01%
7/6 SOFR ARM 6.15% +0.00%
30 Yr. VA 6.19% +0.02%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 18, 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.

St. Louis Mortgage Rates Climb to 6.56% in August 2025 – 30-Year Fixed Hits New Heights

By , on August 14th, 2025
As of mid-August 2025, mortgage rates in the St. Louis real estate market continue their upward trajectory, with the 30-year fixed rate now at 6.56%, marking a 0.03% increase. This rise places the rate well above the 6.5% threshold, a level not seen in recent months, signaling a challenging environment for prospective homebuyers. Meanwhile, the 15-year fixed rate has also seen an increase, settling at 5.94%, up by 0.04%. These adjustments reflect a broader trend of rising interest rates, affecting various loan types, including FHA, Jumbo, and VA mortgages, all of which have seen increases.

For buyers in the St. Louis area, these rate hikes could mean higher monthly payments and a potential reassessment of budgets. Sellers might also feel the impact as higher rates could dampen buyer enthusiasm, potentially leading to longer listing times. Despite these challenges, the market remains resilient, with many buyers still eager to secure properties before rates climb further. To explore historical rate trends, please refer to the chart button below. This data is provided by MORE, REALTORS®, offering a comprehensive view of current mortgage conditions.

As the market adjusts to these new rate levels, both buyers and sellers are advised to stay informed and consult with local real estate experts to navigate the evolving landscape effectively. Keeping an eye on trends in St. Louis mortgage rates is essential for making informed decisions in this dynamic market.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.56% +0.03%
15 Yr. Fixed 5.94% +0.04%
30 Yr. FHA 6.15% +0.04%
30 Yr. Jumbo 6.68% +0.01%
7/6 SOFR ARM 6.15% +0.03%
30 Yr. VA 6.17% +0.05%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 14, 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.

St. Louis Sees Slight Dip in 30-Year Mortgage Rates to 6.57% Amid Mixed Movements in August 2025

By , on August 7th, 2025
In St. Louis, the real estate market is experiencing nuanced shifts in mortgage rates as of August 2025, with the 30-year fixed mortgage rate slightly decreasing by 0.01%, settling at 6.57%. This minor adjustment reflects a mixed pattern in rate movements across different mortgage products, highlighting a complex landscape for potential homebuyers and sellers. The 15-year fixed rate remains steady at 5.93%, showing no change, while the 30-year FHA rate saw a decrease, which could be advantageous for first-time home buyers opting for government-backed loans.

The impact of these mixed rate movements on the St. Louis real estate market is significant. Buyers may find the small decrease in the 30-year fixed rate appealing, though rates remain on the higher side historically. Sellers might need to adjust expectations as higher rates can cool buyer enthusiasm. The stability in the 15-year fixed rate might attract those refinancing in hopes of locking in predictable payments without a significant increase in rates.

For a detailed look at how these rates have changed over time and what that means for your potential mortgage costs, click the chart button below. This real-time data provided by MORE, REALTORS® ensures you have the latest information to make informed decisions in the St. Louis housing market. Whether planning to buy, sell, or refinance, keeping an eye on these trends is crucial in navigating the current mortgage landscape effectively.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.57% -0.01%
15 Yr. Fixed 5.93% +0.00%
30 Yr. FHA 6.17% -0.02%
30 Yr. Jumbo 6.72% +0.00%
7/6 SOFR ARM 6.12% +0.01%
30 Yr. VA 6.18% -0.02%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of August 7, 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.

St. Louis Sees Slight Easing in 30-Year Fixed Mortgage Rates to 6.75% in July 2025

By , on July 31st, 2025
In a subtle yet welcome shift for prospective homebuyers in St. Louis, the 30-Year Fixed mortgage rate has decreased slightly to 6.75% as of July 2025, marking a modest drop of 0.02%. This change, though slight, contributes to an overall trend of falling rates in the region, offering a glimmer of relief in a market that has seen rates hovering above the 6.5% mark for some time. On the other hand, the 15-Year Fixed rate remains steady at 6.03%, indicating stability in shorter-term financing options.

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.

St. Louis Sees Slight Uptick in Mortgage Rates: 30-Year Fixed at 6.78% as of July 2025

By , on July 24th, 2025
The St. Louis real estate market is experiencing a modest rise in mortgage rates this July, with the 30-Year Fixed rate now reaching 6.78%, a slight increase of 0.01%. Similarly, the 15-Year Fixed rate has also edged up to 6.04%. These incremental changes mark a continuing trend of rising rates in the region, impacting both prospective homebuyers and sellers. The increase, though minor, continues to push the rates to some of the highest levels seen this year, particularly affecting the affordability and buying power of those looking to enter the housing market.

For potential buyers in St. Louis, these rising rates mean recalculating budgets and possibly adjusting search criteria to find suitable homes within financial limits. Sellers might face longer listing periods as high rates can deter some buyers. However, those looking to refinance might find this a crucial time to lock in rates before potential further increases. With the trend showing a steady climb, understanding these shifts is vital.

For a detailed view of how these rates have changed over time, click the chart button below. This comprehensive historical perspective, provided by MORE, REALTORS®, is essential for making informed decisions in this fluctuating market. Whether buying, selling, or refinancing, staying updated on the latest rate changes can significantly impact your real estate strategies in St. Louis.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.78% +0.01%
15 Yr. Fixed 6.04% +0.01%
30 Yr. FHA 6.36% +0.01%
30 Yr. Jumbo 6.90% +0.00%
7/6 SOFR ARM 6.25% +0.00%
30 Yr. VA 6.38% +0.02%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 24, 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.

St. Louis Sees Minor Shifts with 30-Year Mortgage Rates at 6.83% in July 2025

By , on July 17th, 2025
In the ever-evolving real estate market of St. Louis, mortgage rates are showing nuanced movements as of July 2025. The 30-Year Fixed mortgage rate has experienced a slight decrease to 6.83%, down by 0.02%. Conversely, the 15-Year Fixed rate has inched up by 0.01%, settling at 6.08%. These shifts reflect a broader rising trend in the market, with other mortgage types like the 30-Year FHA and Jumbo rates also climbing, indicating a mixed yet predominantly upward trajectory in rate changes.

For potential homebuyers and sellers in the St. Louis area, these fluctuations could have significant implications. The slight drop in the 30-year fixed rate might offer a momentary advantage to those looking to secure a long-term loan at a slightly lower cost, while the increase in shorter-term rates suggests a growing cost for those looking to pay off their homes sooner. This environment requires careful consideration of financing options, particularly for first-time buyers who might be more sensitive to these changes.

For a detailed look at how these rates have shifted over time, prospective buyers and sellers are encouraged to click the chart button below. This historical perspective, provided by MORE, REALTORS®, can aid in making informed decisions in this dynamic market. As the landscape of St. Louis real estate continues to evolve, staying informed on the latest mortgage rates is crucial for navigating the market effectively.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.83% -0.02%
15 Yr. Fixed 6.08% +0.01%
30 Yr. FHA 6.41% +0.01%
30 Yr. Jumbo 6.93% +0.01%
7/6 SOFR ARM 6.32% +0.07%
30 Yr. VA 6.42% +0.01%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 17, 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.

St. Louis Sees Slight Easing of Mortgage Rates in July 2025: 30-Year Fixed at 6.77%, Down by 0.04%

By , on July 10th, 2025
As of July 2025, the St. Louis real estate market is experiencing a minor but welcome drop in mortgage rates, signaling a slight relief for prospective homebuyers. The 30-Year Fixed mortgage rate has decreased by 0.04%, now standing at 6.77%. Simultaneously, the 15-Year Fixed mortgage rate also saw a reduction of 0.04%, positioning it at 5.98%. These adjustments, though modest, contribute to a broader trend of falling rates within the region, offering a potential window of opportunity for those looking to secure a home loan at a slightly more favorable rate.

For buyers and sellers in the St. Louis area, these changes could influence decision-making processes. Lower rates may encourage buyers to enter the market, hoping to capitalize on the decreased borrowing costs. Conversely, sellers might find a more active market, as lower rates can increase the pool of potential buyers qualified to purchase their homes. These dynamics underscore the importance of staying informed on rate trends, especially in a fluctuating economic environment.

For a more detailed analysis of how these rates have changed over time, potential homebuyers and sellers are encouraged to click the chart button below. This information has been provided by MORE, REALTORS®, ensuring that stakeholders in the St. Louis real estate market have access to current and relevant mortgage rate data to make well-informed decisions.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.77% -0.04%
15 Yr. Fixed 5.98% -0.04%
30 Yr. FHA 6.28% -0.06%
30 Yr. Jumbo 6.87% -0.03%
7/6 SOFR ARM 6.39% -0.06%
30 Yr. VA 6.29% -0.06%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 10, 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.

St. Louis Sees Mortgage Rates Climb: 30-Year Fixed Hits 6.73% in July 2025

By , on July 3rd, 2025
As the St. Louis real estate market navigates through summer, mortgage rates continue their upward trajectory. Today, the 30-year fixed mortgage rate has inched up by 0.06% to 6.73%, marking a significant rise that impacts both potential homebuyers and sellers in the area. Similarly, the 15-year fixed rate also rose by 0.06%, settling at 5.97%. These increases are part of a broader trend that sees rates steadily climbing, affecting affordability and buyer demand.

For St. Louis residents, these rising rates mean recalculating budgets and potentially adjusting their buying power. Higher rates can add considerable cost over the life of a mortgage, making it crucial for buyers to evaluate their financing options carefully. Sellers might also feel the impact, as higher rates can cool down buyer enthusiasm and possibly lead to longer listing periods. Whether you’re looking to buy, sell, or refinance, staying informed about rate changes is key. For a detailed look at how these rates have changed over time, click the chart button below.

This analysis is provided by MORE, REALTORS®, and serves as a vital resource for understanding how current trends in mortgage rates could influence your real estate decisions in the St. Louis area. With rates expected to continue their upward climb, both buyers and sellers should prepare for a shifting market landscape.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.73% +0.06%
15 Yr. Fixed 5.97% +0.06%
30 Yr. FHA 6.25% +0.06%
30 Yr. Jumbo 6.84% +0.04%
7/6 SOFR ARM 6.33% +0.04%
30 Yr. VA 6.26% +0.06%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of July 3, 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.

St. Louis Mortgage Rates Experience Slight Decline: 30-Year Fixed at 6.79% in June 2025

By , on June 26th, 2025
In the latest financial update for the St. Louis area, mortgage rates have shown a marginal decrease, providing a slight relief to potential homebuyers. As of June 2025, the 30-Year Fixed mortgage rate has dipped to 6.79%, a small decrease of 0.03%. Similarly, the 15-Year Fixed rate has fallen by 0.02%, now standing at 6.02%. These adjustments represent a continuing trend of falling rates, albeit still hovering at higher levels, with the 30-Year rates maintaining above the 6.5% mark.

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.

St. Louis Sees Slight Easing in Mortgage Rates, June 2025: 30-Year Fixed at 6.87%, 15-Year at 6.13%

By , on June 19th, 2025
In St. Louis, the mortgage landscape is experiencing a minor but welcome decrease in rates as of June 2025. The 30-year fixed mortgage rate has edged down slightly to 6.87%, a decrease of 0.01%, while the 15-year fixed rate has also dropped by 0.03% to 6.13%. These changes, though modest, continue the overall downward trend in the local mortgage rate environment, providing some relief to homebuyers amidst rates that remain historically high.

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.

St. Louis Mortgage Rates Dip Slightly in June 2025: 30-Year Fixed at 6.89%, 15-Year at 6.20%

By , on June 12th, 2025
In a modest respite for potential homebuyers, St. Louis mortgage rates have shown a fractional decrease as of June 2025, with the 30-Year Fixed Rate now sitting at 6.89%, a slight decline of 0.04%. The 15-Year Fixed Rate has also seen a minimal drop, now at 6.20%, down by 0.01%. While these changes may seem minimal, in the context of rates consistently above 6.5%, any reduction can be significant for those financing a home purchase.

For buyers and sellers in the St. Louis area, these changes signal a potentially cooling market, where slightly lower rates could enhance buying power, albeit modestly. The current rates, while still high, offer a momentary relief which could influence decisions on entering the housing market. Sellers might find a slightly more motivated pool of buyers, while buyers may benefit from marginally lower borrowing costs.

For a detailed view of how these rates have shifted over time, prospective buyers and sellers are encouraged to click the chart button below. This historical perspective, provided by MORE, REALTORS®, can offer valuable insights into the timing of real estate decisions in the St. Louis market. As always, keeping an eye on these trends can provide both buyers and sellers with a strategic advantage in navigating the real estate landscape.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.89% -0.04%
15 Yr. Fixed 6.20% -0.01%
30 Yr. FHA 6.43% +0.00%
30 Yr. Jumbo 7.02% -0.02%
7/6 SOFR ARM 6.41% +0.03%
30 Yr. VA 6.44% -0.01%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of June 12, 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.

St. Louis Sees Mortgage Rate Dip in June 2025, with 30-Year Fixed at 6.87%

By , on June 5th, 2025
In a welcome shift for potential homeowners, mortgage rates in St. Louis have experienced a slight decrease as of June 2025. The 30-Year Fixed mortgage rate has dipped to 6.87%, a reduction of 0.09%, maintaining a level above the 6.5% threshold but showing signs of easing. Similarly, the 15-Year Fixed rate has also decreased by 0.09%, now at 6.12%. This downward trend offers a slight reprieve for buyers in the St. Louis real estate market who have been facing high rates in recent times.

The impact of these changes on the St. Louis housing market is significant, especially for first-time buyers and those looking to refinance. Lower rates can reduce monthly payments and overall loan costs, making homeownership more accessible in the current economic climate. However, even with these reductions, rates remain historically high, which continues to challenge market dynamics, influencing both buying power and inventory levels.

For a detailed view of how these rates have shifted over time and to see more specific data on other mortgage products like the 30-Year Jumbo and FHA rates, click the chart button below. This update is provided by MORE, REALTORS®, ensuring you have access to the latest and most accurate real estate market trends in St. Louis. Whether you’re buying, selling, or simply keeping an eye on the market, staying informed about current mortgage rates is crucial.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.87% -0.09%
15 Yr. Fixed 6.12% -0.09%
30 Yr. FHA 6.38% -0.07%
30 Yr. Jumbo 6.98% -0.07%
7/6 SOFR ARM 6.26% +0.02%
30 Yr. VA 6.40% -0.06%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of June 5, 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.

St. Louis Sees Minor Easing in Mortgage Rates: 30-Year Fixed Dips to 6.97% in May 2025

By , on May 29th, 2025
In the ever-dynamic St. Louis real estate market, mortgage rates have shown a slight decrease as of May 2025, providing a small but notable relief for prospective homebuyers. The 30-Year Fixed Rate mortgage, a popular choice among residents, has edged down by 0.01% to 6.97%. Similarly, the 15-Year Fixed Rate has decreased by 0.02%, settling at 6.23%. This trend of falling rates, although modest, points towards a potentially more accessible market for buyers.

For sellers in the St. Louis area, the current rate adjustments mean maintaining a competitive edge in pricing their homes to attract buyers who are keen to lock in rates before any possible increases. The slight decrease in rates could spur hesitant buyers into action, fearing future hikes. It’s crucial for both buyers and sellers to stay informed on rate changes and market trends to make well-informed decisions. For a detailed view of how these rates have fluctuated over time, please click on the chart button below.

This timely update on St. Louis mortgage rates is provided courtesy of MORE, REALTORS®, ensuring that both potential homebuyers and sellers have the latest data at their fingertips. As always, understanding these trends is key to navigating the complexities of the real estate market effectively.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.97% -0.01%
15 Yr. Fixed 6.23% -0.02%
30 Yr. FHA 6.47% -0.02%
30 Yr. Jumbo 7.10% +0.00%
7/6 SOFR ARM 6.25% -0.02%
30 Yr. VA 6.48% -0.03%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 29, 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.

St. Louis Mortgage Rates Update: Trends and Insights for May 2025

By , on May 23rd, 2025
As of May 2025, the St. Louis real estate market is experiencing subtle shifts in mortgage rates, which are crucial for both potential home buyers and current homeowners considering refinancing. The 30-Year Fixed Rate has seen a slight increase to 7.08%, up by 0.09% from the previous period. This uptick suggests a tightening in lending conditions, potentially influencing buyer affordability in the St. Louis area. Similarly, the 15-Year Fixed Rate has risen to 6.39%, marking a change of 0.04%.

For those looking at more substantial home purchases, the 30-Year Jumbo Rate currently stands at 7.13%, closely aligning with the standard 30-year rate, indicating a stable lending environment for larger loans. Meanwhile, the 30-Year FHA Rate, often favored by first-time homebuyers for its lower down payment requirements, is slightly more favorable at 6.52%. Additionally, the Adjustable Rate (7/6 SOFR ARM) is at 6.49%, offering a potentially lower initial payment for those considering this type of financing.

Understanding these rates and their implications is vital for making informed real estate decisions in the St. Louis market. For a more detailed analysis, including historical rate trends, click the chart button below provided by MORE, REALTORS®. This information can help you navigate the complexities of mortgage financing as you plan your real estate investments or purchases in 2025.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 7.08% +0.09%
15 Yr. Fixed 6.39% +0.04%
30 Yr. FHA 6.52% +0.11%
30 Yr. Jumbo 7.13% +0.03%
7/6 SOFR ARM 6.49% +0.01%
30 Yr. VA 6.54% +0.12%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 22, 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.

Understanding St. Louis Mortgage Rates in May 2025: A Guide for Home Buyers and Sellers

By , on May 15th, 2025
As of May 2025, the St. Louis real estate market is experiencing shifts in mortgage rates that are essential for both potential home buyers and current homeowners considering selling. The 30-Year Fixed Rate has seen a slight increase to 6.99%, a change of +0.07% from previous figures. Similarly, the 15-Year Fixed Rate has risen to 6.34%, marking an increase of +0.08%. These adjustments might influence buyer affordability and seller market timing in the region.

For those looking into larger, more expensive properties, the 30-Year Jumbo Rate stands at 7.10%, while the more accessible FHA loans are available at a rate of 6.44%. Additionally, the Adjustable Rate (7/6 SOFR ARM) is currently at 6.63%, offering an alternative for those seeking potentially lower rates initially compared to fixed-rate mortgages. Each of these rates plays a crucial role in shaping the buying and selling strategies in the St. Louis market.

For a detailed understanding of how these rates compare historically, please click the chart button below. This information, provided by MORE, REALTORS®, offers a comprehensive view of current and past mortgage rates, helping you make informed decisions in the St. Louis real estate market. Whether you are looking to buy a new home or considering selling your property, staying updated on these rates is crucial in navigating the real estate landscape effectively.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.99% +0.07%
15 Yr. Fixed 6.34% +0.08%
30 Yr. FHA 6.44% +0.11%
30 Yr. Jumbo 7.10% +0.06%
7/6 SOFR ARM 6.63% +0.06%
30 Yr. VA 6.45% +0.10%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 15, 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.

St. Louis Mortgage Rates Update – May 2025: A Detailed Overview for Buyers and Sellers

By , on May 8th, 2025
As we navigate the complexities of the St. Louis real estate market in May 2025, understanding the current mortgage rates is crucial for both potential home buyers and sellers. The latest data provided by MORE, REALTORS® indicates a slight decrease in interest rates, which could influence decision-making processes in the housing market. The 30-Year Fixed Rate now stands at 6.86%, showing a minor reduction of 0.02%. Similarly, the 15-Year Fixed Rate has also decreased by 0.02%, currently at 6.19%. These small changes suggest a relatively stable interest rate environment.

For those considering more substantial home purchases, the 30-Year Jumbo Rate remains constant at 7.00%. Meanwhile, the FHA option, often favored by first-time homebuyers, offers a lower rate of 6.25% for a 30-Year term. Additionally, the Adjustable Rate (7/6 SOFR ARM) is currently set at 6.45%, providing an alternative for those looking for potentially lower payments initially.

These figures are essential for understanding the broader implications on the St. Louis housing market. Lower interest rates can increase buying power, potentially leading to more competitive housing markets. Conversely, higher rates might slow down the market, as borrowing becomes more expensive. For a visual representation of these trends, please refer to the chart button below, which includes both current and historic interest rates. This information, provided by MORE, REALTORS®, aims to assist you in making informed decisions in the St. Louis real estate landscape.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.86% -0.02%
15 Yr. Fixed 6.19% -0.02%
30 Yr. FHA 6.25% -0.03%
30 Yr. Jumbo 7.00% -0.01%
7/6 SOFR ARM 6.45% +0.01%
30 Yr. VA 6.27% -0.03%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 8, 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.

St. Louis Mortgage Rates in May 2025: A Comprehensive Overview

By , on May 1st, 2025
As of May 2025, the St. Louis real estate market is experiencing a variety of mortgage rate options that cater to different types of buyers and refinancing needs. The 30-Year Fixed Rate remains steady at 6.81%, indicating a stable lending environment. On the other hand, the 15-Year Fixed Rate has seen a slight decrease to 6.15%, down by 0.02%, which might appeal to homeowners looking to refinance and pay off their loans faster.

For those considering larger, more expensive properties, the 30-Year Jumbo Rate is currently at 6.95%. This rate is slightly higher than the standard fixed rates, reflecting the increased risk associated with larger loan amounts. Additionally, the 30-Year FHA Rate, often chosen by first-time homebuyers for its lower down payment requirements, is attractively set at 6.18%. Those looking for more flexibility might find the Adjustable Rate (7/6 SOFR ARM) appealing, which is currently at 6.35%.

Understanding these rates is crucial for making informed decisions in the housing market. For a visual representation of how these rates have changed over time, click the chart button below. This information, provided by MORE, REALTORS®, helps potential buyers and sellers in the St. Louis metropolitan area navigate their real estate transactions with up-to-date and relevant data. Whether you’re buying your first home, upgrading to a larger property, or refinancing, keeping an eye on these rates can provide valuable guidance.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.81% +0.00%
15 Yr. Fixed 6.15% -0.02%
30 Yr. FHA 6.18% -0.01%
30 Yr. Jumbo 6.95% +0.00%
7/6 SOFR ARM 6.35% -0.02%
30 Yr. VA 6.19% -0.01%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of May 1, 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.

St. Louis Mortgage Rates Update for April 2025: Key Trends and Insights

By , on April 24th, 2025
As of April 2025, the St. Louis real estate market is experiencing a shift in mortgage rates that potential home buyers and sellers should consider. The 30-Year Fixed Rate has climbed slightly to 6.95%, marking an increase of 0.10% from previous figures. Similarly, the 15-Year Fixed Rate has risen to 6.37%, up by 0.13%. These changes indicate a trend towards rising mortgage costs in the region, which could influence buying decisions and market dynamics.

For those considering more substantial home purchases, the 30-Year Jumbo Rate stands at 7.05%, while the 30-Year FHA Rate is notably lower at 6.42%. Additionally, the Adjustable Rate (7/6 SOFR ARM) is currently at 6.43%, offering a potentially attractive option for buyers looking for lower initial rates. Understanding these figures is crucial for making informed decisions in today’s market.

For a detailed view of how these rates compare historically, please click the chart button below. This information is provided by MORE, REALTORS®, and is essential for anyone looking to navigate the complexities of the St. Louis real estate market this April 2025. Whether you’re buying your first home or investing in property, staying updated on these trends can significantly impact your strategies and outcomes.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.95% +0.10%
15 Yr. Fixed 6.37% +0.13%
30 Yr. FHA 6.42% +0.19%
30 Yr. Jumbo 7.05% +0.15%
7/6 SOFR ARM 6.43% +0.10%
30 Yr. VA 6.45% +0.20%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of April 24, 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.

St. Louis Mortgage Rates Update: April 2025 Trends and Insights

By , on April 17th, 2025
As of April 2025, the St. Louis real estate market is experiencing a dynamic shift in mortgage rates, crucial for both potential homebuyers and current homeowners considering refinancing. The 30-year fixed mortgage rate has seen a slight increase to 6.95%, up by 0.10% from the previous month. Similarly, the 15-year fixed rate has risen to 6.37%, marking a 0.13% increase. These changes reflect broader economic trends impacting borrowing costs.

For those looking at more substantial properties, the 30-year jumbo loan rate stands at 7.05%, slightly higher than conventional loan rates, indicating a premium for higher loan amounts. Conversely, more affordable options like the 30-Year FHA rate are currently at 6.42%, offering a relatively lower entry point for first-time homebuyers. Additionally, the Adjustable Rate Mortgage (ARM), specifically the 7/6 SOFR ARM, is now at 6.43%, providing an alternative for those expecting to move or refinance within a shorter time frame.

Understanding these rates is crucial for making informed decisions in the housing market. For a detailed view of how these rates have changed over time, click the chart button below. This data, provided by MORE, REALTORS®, offers a comprehensive look at current and historic interest rates, aiding buyers and sellers in navigating the complexities of the real estate market in St. Louis. As the market continues to evolve, staying updated on these trends will be key to making strategic real estate decisions.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.95% +0.10%
15 Yr. Fixed 6.37% +0.13%
30 Yr. FHA 6.42% +0.19%
30 Yr. Jumbo 7.05% +0.15%
7/6 SOFR ARM 6.43% +0.10%
30 Yr. VA 6.45% +0.20%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of April 17, 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.

Mortgage Rates Rebound After Brief Dip—Here’s What It Means for St. Louis Buyers

By , on April 10th, 2025

Mortgage interest rates have bounced back after briefly dipping earlier this month, but there’s more to the story—especially for St. Louis home buyers. One key factor keeping rates from climbing even higher? The recent postponement of tariffs, which has helped ease economic pressure and may be keeping mortgage rates from surging faster.

As of today, the average rate for a 30-year fixed-rate conventional loan is around 6.95%, with FHA loans at 6.42% and VA loans at 6.45%. These numbers reflect an uptick from the recent low of about 6.40% on April 4th, but still sit below the 7.16% average we saw at the start of the year and 7.24% one year ago. Of course, we’re still a long way from the 3.33% rates buyers enjoyed just four years ago.

Why does this matter to local buyers and homeowners? Because mortgage rates directly affect buying power. When rates rise, monthly payments go up, which can price some buyers out of the market or force them to scale back their home search. Conversely, falling or stable rates tend to support home prices by allowing buyers to afford more house.

While rates are still elevated compared to historic lows, the tariff delay may be helping avoid even sharper increases. That’s good news for St. Louis buyers hoping to catch a break.

Looking at the St. Louis market specifically, there’s a clear relationship between interest rates and home prices. Our local data shows selling prices rose from $202,000 in April 2020 to $222,000 by August 2020, driven in part by the ultra-low-rate environment at the time. As rates climbed in 2023 and 2024, price growth slowed, and affordability concerns crept in.

We’ve included live, interactive interest rate charts below so you can see how today’s rates compare to previous years and track trends in real time. These tools are especially helpful if you’re trying to time your move—or just want to better understand the broader economic forces at play.

Bottom line: mortgage rates have nudged back up, but without the tariff postponement, it could’ve been worse. Stay tuned—any future policy changes could further impact the direction of rates and the St. Louis housing market.

If you’re thinking about buying or selling in this shifting environment, MORE, REALTORS® is here to help. We specialize in clear, data-driven insights and local expertise to guide your next move.

St. Louis Mortgage Rates Update: April 2025 Trends and Insights

By , on April 9th, 2025
As of April 2025, the St. Louis real estate market is witnessing subtle shifts in mortgage rates, critical for both potential home buyers and current homeowners considering refinancing. The 30-year fixed mortgage rate has seen a slight increase to 6.85%, a change of +0.03% from the previous figure. Similarly, the 15-year fixed rate has adjusted upward by +0.04%, now standing at 6.24%. These changes indicate a modest tightening in borrowing costs, which could influence buyer affordability and market dynamics in the St. Louis area.

For those looking at more substantial home purchases, the 30-year jumbo loan rate remains steady at 6.90%, reflecting the market’s stability for higher-priced properties. Alternatively, the 30-year FHA rate, often favored by first-time homebuyers for its lower down payment requirements, is notably lower at 6.23%. Additionally, the adjustable rate mortgage (ARM), specifically the 7/6 SOFR ARM, is currently at 6.33%, offering a potentially lower rate option for buyers expecting to move or refinance within a shorter period.

For a detailed view of how these rates compare to historical trends, click the chart button below. This information, provided by MORE, REALTORS®, is essential for making informed decisions in the St. Louis real estate market. Whether you are buying, selling, or refinancing, staying updated on the latest mortgage rate trends is crucial in navigating the complexities of the housing market effectively.

Current Mortgage Rates*

Loan Type Current Rate Change From Prior Day
30 Yr. Fixed 6.85% +0.03%
15 Yr. Fixed 6.24% +0.04%
30 Yr. FHA 6.23% +0.03%
30 Yr. Jumbo 6.90% +0.02%
7/6 SOFR ARM 6.33% +0.02%
30 Yr. VA 6.25% +0.03%

*Rates shown are national averages from Mortgage News Daily’s Rate Index and are updated as of April 9, 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.