Mortgage Loans in Woodstock, NY

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 4.00%. This is higher than the rate 7 days ago, which was 3.75%. When the Fed Funds rate rises, it can put upward pressure on mortgage rates, making borrowing costs higher for homebuyers.

Credit Union Loan Rates - Trends & Analysis:

Affinity Plus offers a 15-year Conventional Fixed rate at 6.5% today, up 13 bp from a week ago and 38 bp over the past 30 days. The 30-year Conventional Fixed and Jumbo Fixed rates are both 7.0%, each up 13 bp from last week and 25 bp over 30 days. The VA 30-year Fixed rate is 7.625%, unchanged from a week ago but up 38 bp over 30 days. Adjustable-rate 5-year and 7-year ARMs hold steady at 5.25% and 5.5%. Delta Community offers a 15-year conventional rate today at 5.625%, up 13 bp from a week ago. Their 30-year conventional rate is 6.5%, which is 25 bp higher than last week. Both rates have risen since two weeks ago.

Mid-Hudson Valley shows a 15-year conventional fixed rate today at 6.0%, up 13 bp from last week and 25 bp from 30 days ago. The 30-year conventional fixed rate is 7.0%, rising 38 bp over the past week and 38 bp since 30 days ago. The 15-year and 30-year conventional refinance rates match the purchase rates at 6.0% and 7.0%, respectively, with similar weekly and monthly increases. Navy Federal Credit Union offers a 15-year Conventional Fixed rate at 6.0% and a 30-year Conventional Fixed rate at 6.625% today. The VA 30-year Fixed rate is 6.25%, up 50 bp over the past 30 days. FHA loans include a 3-year ARM at 5.625% and a 5-year ARM at 5.875%, both up 25 bp from a week ago. Jumbo 30-year Fixed loans are at 6.875%, up 38 bp in the last week.

Bethpage offers a 15-year conventional fixed rate at 6.75%, up 13 bp from last week, and a 30-year conventional fixed at 7.0%, unchanged from seven days ago but up 38 bp from a month ago. Their 30-year FHA fixed is 6.875%, steady over the past week. Adjustable rates include a 5-year ARM at 6.375% and a 7-year ARM at 6.625%, both unchanged this week. The 10-year ARM stands at 7.0%, also steady from last week. Broadview shows a 15-year conventional fixed rate today at 6.5%, up 25 bp from last week. The 30-year conventional fixed rate is 7.125%, rising 25 bp in the past 7 days. FHA 30-year fixed is at 6.75%, also up 25 bp this week. Adjustable 5-year fixed is 6.125%, increasing 25 bp since last week.

Dupaco Community offers a 15-year conventional fixed rate at 6.5%, up 12 bp from a week ago and 50 bp from a month ago. Their 30-year conventional fixed rate is 6.75%, unchanged from last week but 38 bp higher than 30 days ago. Both 15- and 30-year rates have the same values for conventional and refinance options. Digital shows a 15-year Conventional Fixed rate today at 6.75%, up 13 bp from last week and 63 bp higher than a month ago. The 30-year Conventional Fixed rate is 7.375%, unchanged from last week but 38 bp higher than 30 days ago. The 30-year Conventional ARM is also 7.375%, steady over the past week and up 25 bp from a month ago. The 30-year Jumbo Fixed rate is 7.25%, steady week-over-week and 38 bp higher than 30 days prior.

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.

America First shows a 15-year conventional fixed rate at 6.375%, up 25 bp from last week and 63 bp higher than a month ago. Their 30-year conventional fixed rate is 6.875%, unchanged from last week but up 38 bp from a month ago. FHA 30-year fixed is 6.5%, up 13 bp from last week and 50 bp from a month ago. VA 30-year fixed stands at 6.625%, up 13 bp this week and 50 bp over 30 days.