Mortgage Loans in Raleigh, NC

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:

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%. 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.

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. Skyla shows a 15-year conventional fixed rate at 6.75% today, up 76 bp from a week ago and 100 bp from 30 days ago. The 30-year conventional fixed rate is 7.25%, rising 80 bp over the last week and 90 bp since 30 days back. The 7-year adjustable rate is at 6.25%, up 40 bp from a week ago and 50 bp from 30 days ago.

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. Advancial offers a 15-year conventional fixed rate today at 6.375%, down 12 bp from a week ago and up 63 bp from a month ago. Their 30-year conventional fixed rate is 6.99%, lower by 13 bp over seven days and higher by 62 bp over 30 days. The 30-year jumbo fixed rate stands at 7.25%, up 25 bp in the past week and 88 bp over the last month.

Empeople offers a 15-year conventional fixed rate today at 6.625%, up 25 bp from last week and 88 bp from a month ago. Their 30-year conventional fixed rate is 7.25%, rising 13 bp over the past week and 75 bp over the last 30 days. FHA 3-year ARMs are at 6.125%, up 13 bp in the past week and 75 bp in the past month. FHA 5-year ARMs stand at 6.375%, also up 13 bp this week and 75 bp since last month. FHA 7-year ARMs are 6.625%, with the same weekly and monthly increases.