Mortgage Loans in Maspeth, NY

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 4.00%, higher than 7, 30, 60, and 90 days ago when it was 3.75%. When the Fed Funds rate rises, it can increase mortgage rates because lenders face higher borrowing costs.

Credit Union Loan Rates - Trends & Analysis:

State Department offers a 15-year Conventional Fixed at 6.125% today, up 25 bp from last week and 50 bp from 30 days ago. Their 30-year Conventional Fixed is 6.75%, rising 25 bp in the past week and 38 bp over 30 days. The 15-year Adjustable Fixed is 6.0%, up 13 bp in the last week and 13 bp over 30 days. The 7-year Adjustable Fixed stands at 6.375%, increasing 25 bp in the past week and month. The 10-year Adjustable Fixed is 6.5%, with a 25 bp rise over 30 days. The Jumbo 30-year Fixed is 7.5%, climbing 75 bp this week and month.

Usalliance shows a 15-year conventional fixed rate today at 6.5%, up 38 bp from a week ago and 50 bp from 30 days ago. Their 30-year conventional fixed rate is 7.0%, rising 25 bp over the last week and 38 bp since 30 days back. Jumbo 30-year fixed loans are at 7.125%, increasing 50 bp in a week and 63 bp over 30 days. Adjustable 5-year fixed loans stand at 6.25%, up 25 bp this week and 38 bp month-to-month. Polish & Slavic shows a 15-year fixed rate today at 6.75%, up 38 bp from a week ago, and a 30-year fixed at 7.0%, also up 38 bp in the last week. The 15-year fixed rate increased by 50 bp compared to 30 days ago, while the 30-year fixed rate stayed the same over that period. Adjustable rates are not listed with current values.

Nasa offers a 15-year conventional fixed at 6.375%, up 38 bp from a week ago and 63 bp higher than a month ago. Their 30-year conventional fixed is 6.875%, also up 38 bp in the past week and 50 bp over 30 days. FHA 30-year fixed loans are at 6.625%, rising 25 bp in the last week and 50 bp in the last month. VA 30-year fixed stands at 6.5%, up 38 bp from last week and 63 bp from 30 days ago. Jumbo 30-year fixed loans are 6.875%, with a 25 bp increase in the past week and 50 bp over the month. Bethpage offers a 15-year conventional fixed rate at 6.75%, up 25 bp from last week, and a 30-year conventional fixed at 7.0%, up 13 bp. Their 30-year FHA fixed is 6.875%, also up 13 bp. Adjustable rates include a 5-year ARM at 6.375%, rising 13 bp, and a 7-year ARM at 6.625%, up 13 bp. The 10-year ARM stands at 7.0%, up 13 bp from last week.

Dupaco Community offers a 15-year conventional fixed at 6.38%, up 25 bp from a week ago and 50 bp higher than 30 days back. Their 30-year conventional fixed is 6.75%, rising 38 bp over the past week and 38 bp since 30 days ago. The same rates apply for the 15- and 30-year conventional refinances with similar changes. Broadview offers a 15-year conventional fixed rate at 6.5%, up 25 bp from last week, and a 30-year conventional fixed at 7.125%, also up 25 bp. FHA 30-year fixed loans are at 6.75%, rising 25 bp in the past week. Adjustable 5-year and 7-year terms are at 6.125% and 6.5%, respectively, each up 25 bp. The 10-year adjustable fixed rate is 7.0%, up 25 bp from last week.

Pentagon offers a 30-year Conventional Fixed at 6.625% today, up 13 bp from last week and 38 bp from a month ago. Their 30-year Conventional Refinance Fixed is at 6.75%, also up 13 bp from last week and 50 bp from a month ago. The 30-year FHA Fixed rate is 6.125%, rising 13 bp since last week and 38 bp over the past month. The 30-year VA Fixed is steady today at 6.125%, with a 38 bp increase from a month ago. Jumbo 30-year Fixed loans are at 6.625%, up 25 bp from last week and 38 bp from a month ago.

Together shows a 30-year Conventional Fixed rate today at 7.125%, up 25 bp from last week and 38 bp from a month ago. The 15-year Conventional Fixed rate is not listed for today. The Jumbo 30-year Fixed rate matches the Conventional at 7.125%, also up 25 bp from last week and 163 bp from a month ago. The Adjustable 5-year rate is not quoted for today. North Country has a 15-year fixed rate today at 6.75%, up 38 bp from last week and 63 bp from a month ago. The 30-year fixed rate is also 6.75%, rising 25 bp over the past week and 38 bp since a month ago. Rates have increased noticeably in the last 30 days for both terms.