The Rate Update — Mortgage Rates for October 28, 2025
Mortgage rates steadied Tuesday as markets digested new housing data and awaited Case-Shiller’s latest home-price report. As of October 28, 2025, national averages show:30-year fixed: 6.19%FHA: 6.11%VA: 5.73%USDA: 5.80%Jumbo: 6.39%With inflation cooling and Treasury yields dipping below 4.3%, borrowers are once again seeing sub-6% quotes for top-tier scenarios — a positive sign for late-year buyers and refinancers.
Sources: MND (10/27 close), Freddie Mac PMMS (w/e 10/23), Zillow (10/28), FRED OBMMI (FHA/VA/USDA). Toggle applies an illustrative adjustment to displayed rates (No Points).
🏠
30‑Year Fixed (Conforming)
MND — Oct 27, 2025
6.19%
Freddie — Week of Oct 23
6.19%
Zillow — Oct 28, 2025
5.88%
📉
15‑Year Fixed
MND — Oct 27, 2025
5.76%
Freddie — Week of Oct 23
5.44%
Zillow — Oct 28, 2025
5.25%
🔁
7/6 ARM
MND — Oct 27, 2025
5.85%
PMMS — N/A
—
Zillow — Oct 28, 2025
6.00%
🎖️
30‑Year VA
MND — Oct 27, 2025
5.96%
FRED OBMMI — Oct 24, 2025
5.73%
U.S. Bank — Oct 28, 2025
5.75%
🛡️
FHA 30‑Year
MND — Oct 27, 2025
5.95%
FRED OBMMI — Oct 24, 2025
6.11%
Zillow — Oct 28, 2025
6.05%
🌾
USDA 30‑Year
MND — Oct 27, 2025
5.70%
FRED OBMMI — Oct 27, 2025
5.80%
Zillow — Oct 28, 2025
5.80%
💼
Jumbo 30‑Year
MND — Oct 27, 2025
6.15%
MBA — Week of Oct 22
6.39%
Zillow — Oct 28, 2025
6.20%
Data windows are compact to ensure no overflow. Use the toggle to simulate "with 0.5 points" (−0.20% illustrative).
Today’s headlines
Case‑Shiller (Aug): release this morning; consensus points to modest YoY gains with flat-to-soft MoM.
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