Mortgage Loans in Poquoson, VA

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 4.00%. This is higher than 30 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:

Newport News Shipbuilding Employees offers a 15-year conventional fixed rate at 7.125%, up 38 bp from a week ago, and a 30-year conventional fixed rate at 7.625%, up 50 bp. Their 30-year FHA fixed rate is 7.125%, rising 63 bp in the past week. The 30-year VA fixed rate stands at 7.5%, up 63 bp. The 10-year adjustable rate is 5.5%, unchanged over the last week but up 25 bp over 30 days. Northrop Grumman offers 3-year, 5-year, and 7-year adjustable-rate mortgages at steady rates of 5.5%, 5.625%, and 6.125% respectively as of October 2, 2026. These rates have held firm over the past month.

Connexus has a 15-year conventional fixed rate today at 6.5%, unchanged from a week ago but up 75 bp from a month ago. Their 30-year conventional fixed rate is 7.25%, up 13 bp from last week and 75 bp higher than a month ago. Adjustable rates include a 3-year ARM at 4.99%, a 5-year ARM at 5.375%, and a 7-year ARM at 5.625%, all steady with no recent changes. Langley offers a 15-year conventional fixed rate at 5.75% and a 30-year conventional fixed rate at 6.375%. Their 30-year conventional refinance is 5.903%, while the 30-year FHA fixed rate is 6.625%. The 30-year VA fixed rate is 6.5%, and the 5-year ARM fixed rate is 6.0%.

Together shows a 15-year Conventional Fixed rate today at 6.875%, up 50 bp from 30 days ago. Their 30-year Conventional Fixed is 7.5%, rising 38 bp from two weeks ago and 63 bp from 30 days ago. The Jumbo 30-year Fixed is also 7.5%, up 13 bp from a week ago and 63 bp from 30 days ago. Adjustable 5-year and 7-year ARMs are steady at 5.75%, with the 7-year down 50 bp from a week ago. Affinity Plus offers a 30-year Conventional fixed rate at 7.5%, up 25 bp from last week and 75 bp higher than a month ago. The 15-year Conventional fixed rate is 7.0%, rising 25 bp in the past week and 88 bp over 30 days. VA and Jumbo 30-year fixed loans are also at 7.5%, with the same weekly and monthly increases as Conventional. Adjustable 5-year and 7-year ARMs are at 5.875% and 6.125%, each up 38 bp this week and 63 bp over the past month.

1St Advantage offers a 15-year conventional fixed rate at 6.0% today, up 25 bp from a week ago. The 30-year conventional fixed rate is 6.5%, rising 51 bp in the past week. Their 30-year conventional refinance rate is 6.375%, up 38 bp over seven days. The 15-year conventional refinance rate matches the purchase rate at 6.0%, also up 25 bp. The 5-year ARM fixed rate remains steady at 5.875%. Affinity shows a 15-year conventional fixed rate today at 6.25%, up 13 bp from last week and 88 bp from a month ago. Their 30-year conventional fixed rate is 6.875%, also up 13 bp from last week and 88 bp from a month ago. FHA fixed rates for 3-, 5-, and 7-year terms are 6.5%, 6.625%, and 6.875%, respectively, each up 13 bp from last week and 88 bp from a month ago.

Navy Federal Credit Union offers a 15-year conventional fixed rate at 6.25% and a 30-year conventional fixed at 6.875%, both unchanged in the past week. Their 15-year conventional refinance is 6.125%, up 13 bp in seven days, while the 30-year conventional refinance is 6.5%, down 13 bp in 30 days. The 30-year VA fixed rate is 6.5%, up 25 bp in 30 days. Their 15-year and 30-year adjustable-rate mortgages stand at 5.875% and 6.125%, respectively, with recent increases of 25 to 50 bp. American Airlines offers a 15-year conventional fixed rate at 6.337%, up 13 bp from 30 days ago. The 30-year conventional fixed rate is 6.837%, rising 25 bp over the same period. Their 5-year adjustable rate stands at 6.657%, up 12 bp from 30 days ago.