Mortgage Loans in Lonaconing, MD

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%. This rate has stayed the same compared to 1, 7, 30, 60, and 90 days ago. When the Fed Funds rate is steady, it can help keep mortgage rates stable since banks use this rate to set loan costs.

Credit Union Loan Rates - Trends & Analysis:

First Financial Of Maryland offers a 15-year fixed rate at 5.0%, unchanged from last week but up 25 bp from a month ago. Their 30-year fixed rate is 6.125%, also steady this week but 25 bp higher than 30 days prior. The 15-year ARM and 30-year ARM rates are not listed. An adjustable 5-year ARM is at 5.25%, and a 10-year ARM is at 6.0%. Affinity Plus offers a 15-year Conventional fixed rate at 6.125% and a 30-year Conventional fixed and refinance rate at 6.75%. The VA 30-year fixed rate is 7.25%. Adjustable rates include 5-year ARMs at 5.25% and 7-year ARMs at 5.5%, all unchanged from recent weeks.

Affinity offers a 15-year conventional fixed rate today at 5.375%, down 13 bp from last week but up 13 bp from a month ago. Their 30-year conventional fixed rate is 6.0%, also down 13 bp from last week and up 13 bp from a month ago. FHA fixed rates are 5.625% for 3-year, 5.75% for 5-year, and 6.0% for 7-year terms, each down 13 bp from last week and up 13 bp from a month ago. Aberdeen Proving Ground shows a 15-year Conventional Fixed rate today at 5.875%, down 13 bp from last week. The 30-year Conventional Fixed rate holds steady at 6.5%. FHA 30-year Fixed is 6.125%, down 13 bp from last week. Jumbo 30-year Fixed is 6.5%, down 13 bp from last week. Adjustable rates include 5-year at 5.125%, 7-year at 5.375%, and 10-year at 5.75%, each up 13 bp over the past 30 days.

Consumers offer a 15-year fixed conventional loan at 5.5% and a 30-year fixed conventional loan at 6.625%, down 13 bp from a week ago. Their 30-year fixed jumbo loan is 6.625%, down 25 bp from last week. A5 has a 5-year ARM at 6.0%, unchanged from last week but down 13 bp from a month ago. Northrop Grumman offers adjustable-rate mortgages with 3-year today at 5.5%, 5-year at 5.625%, and 7-year at 6.125%. These rates have held steady over the past week and month.

Navy Federal Credit Union offers a 15-year conventional fixed rate at 5.625% and a 30-year conventional fixed rate at 6.25%, both unchanged from a week ago. The 15-year conventional refinance is 5.625%, up 25 bp from two weeks ago, while the 30-year conventional refinance is 6.25%, up 50 bp over the same period. The 30-year VA fixed rate is 5.75%, steady from last week but down 13 bp from a month ago. The 30-year jumbo fixed rate is 6.5%, unchanged from last week. The 3-year ARM is 5.375%, and the 5-year ARM is 5.625%, both steady from last week. Connexus offers a 15-year conventional fixed rate at 5.625% and a 30-year conventional fixed rate at 6.375%, both unchanged from last week. Their 3-year ARM is steady at 4.99%, and the 5-year ARM holds at 5.375%. The 7-year ARM is also stable today at 5.625%.

State Employees Cu Of Maryland, Inc offers a 15-year conventional fixed rate at 5.875%, unchanged from last week but up 13 bp from a month ago. Their 30-year conventional fixed rate is steady at 6.375%, with a 13 bp increase over 30 days. The 30-year FHA fixed rate rose to 6.125%, up 13 bp from last week and 25 bp from a month ago. Adjustable rates for 5, 7, and 10 years remain steady at 5.25%, 5.5%, and 5.625%, respectively. America First shows a 15-year conventional fixed rate today at 5.875%, up 13 bp from last week. Their 30-year conventional fixed and 30-year conventional refinance rates are both 6.5%, unchanged from a week ago but up 13 bp from two weeks ago. FHA 30-year fixed is at 6.0%, down 13 bp from last week. VA 30-year fixed stands at 6.125%, also down 13 bp from last week.