US Mortgage Rates June 9th 2025 – A Good Start to the Week

David Garner

Published On: June 9th, 2025

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🏠US Mortgage Rates on June 9th 2025 – A Slight Dip Offers Relief to Borrowers

As of Monday, June 9, 2025, mortgage rates have seen a slight decline across most loan types, signalling a modest window of opportunity for homebuyers and refinancers alike. The average 30-year fixed mortgage rate dropped to 7.00%, down from 7.03% last week. Meanwhile, the 15-year fixed mortgage rate also dipped to 6.11%, offering short-term borrowers a bit of breathing room.

While the changes are subtle, they reflect a broader trend of market stabilization as inflation concerns ease and Treasury yields remain volatile.

🔑 Key Takeaways

30-Year Fixed Mortgage: 7.00% (▼ 3 basis points)
15-Year Fixed Mortgage: 6.11% (▼ 3 basis points)
5-Year ARM: 7.78% (▼ 2 basis points)
30-Year Fixed Refinance: 7.26% (flat)

📊 Current Mortgage Rates – June 9, 2025

Loan Type	Rate	1W Change	APR	1W Change
30-Year Fixed	7.00%	▼ 0.03%	7.48%	▼ 0.04%
20-Year Fixed	6.80%	▼ 0.02%	7.29%	▲ 0.05%
15-Year Fixed	6.11%	▼ 0.03%	6.43%	▼ 0.07%
10-Year Fixed	5.97%	▼ 0.04%	6.05%	▼ 0.12%
7-Year ARM	8.41%	▲ 0.60%	8.75%	▲ 0.52%
5-Year ARM	7.78%	▼ 0.02%	8.12%	▼ 0.12%

(Source: Zillow)

💡 Understanding Your Mortgage Options

Fixed-Rate Mortgages

Fixed-rate loans offer long-term payment stability, making them ideal for buyers planning to stay in their homes for many years. The 30-year fixed remains the most popular option due to manageable monthly payments and predictability.

Example: A $300,000 loan at 7% results in a monthly principal and interest payment of ~$1,996.

Adjustable-Rate Mortgages (ARMs)

ARMs begin with a lower interest rate for a set period (usually 5 or 7 years), after which the rate adjusts annually.

Risk: Monthly payments could increase significantly depending on market conditions.
Reward: Lower initial costs make them attractive for short-term homeowners.

🔁 Current Refinance Rates – June 9, 2025

Loan Type	Rate	1W Change	APR	1W Change
30-Year Fixed Refi	7.26%	–	7.74%	▲ 0.03%
20-Year Fixed Refi	6.80%	▼ 0.02%	7.29%	▲ 0.05%
15-Year Fixed Refi	6.10%	▼ 0.05%	6.43%	▲ 0.07%
10-Year Fixed Refi	5.97%	▼ 0.04%	6.05%	▼ 0.12%
5-Year ARM Refi	8.07%	–	8.12%	–

🏛️ Government-Backed Loans

Loan Type	Rate	1W Change	APR	1W Change
30-Year FHA	7.09%	▲ 0.18%	8.12%	▲ 0.18%
15-Year FHA	6.17%	▲ 0.48%	7.14%	▲ 0.47%
30-Year VA	6.47%	▲ 0.02%	6.66%	–
15-Year VA	5.99%	▲ 0.02%	6.30%	▼ 0.03%

These options are ideal for first-time homebuyers and veterans due to reduced down payments and lower credit requirements.

📉 Mortgage Market Outlook

Leading analysts from Fannie Mae and NAR anticipate that mortgage rates will average around 6.4%–6.6% through the end of 2025. With inflation cooling and the Fed expected to hold steady, modest rate declines could follow.

NAR Forecast: 6.4% average in Q4 2025
Fannie Mae Outlook: Potential drop to 6.1% by year-end
Freddie Mac: Rates may remain elevated for longer periods

🌎 U.S. Mortgage Rates for Foreigners

If you’re a non-resident investing in U.S. property, here’s what typical loan terms look like:

Mortgage Type	Rate Range	ARM/Fixed	Loan to Value	Min Loan Size
30-Year DSCR Loan	6.75% to 8%	30-Year Fixed	Up to 75%	$75,000
15-Year DSCR Loan	6.75% to 7.75%	15-Year Fixed	Up to 75%	$75,000

These loans are often based on the property’s rental income and do not require personal income verification, making them ideal for international investors.

🧠 Final Thoughts

Mortgage rates are nudging downward this week, offering a glimmer of hope to buyers and refinancers alike. While the movements are slight, they reflect a stable lending environment amid broader economic uncertainty. With potential rate cuts forecasted in late 2025, this may be a good time to lock in or refinance.

Whether you’re a first-time buyer, seasoned investor, or overseas purchaser, staying informed about daily rate changes can significantly affect your long-term financial outcome.

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“Having personally invested in over 120 US rental properties from overseas, I know the true value of getting the right advice and support.

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David Garner has over 120+ personal property acquisitions in the U.S. real estate market as a Non-Resident Alien foreigner, bringing extensive practical experience to his insights. He specializes in guiding international investors through the complexities of the U.S. property landscape, focusing on cash flow opportunities, financing, and strategic wealth building. His deep understanding of the market, combined with his client-centric approach, makes him a trusted advisor for global investors seeking to establish and grow their U.S. real estate portfolio.