Mortgage Loans in Forest Park, GA

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%. Consumers offers a 15-year conventional fixed rate at 5.5% today. Their 30-year conventional fixed rate rose to 7.125%, up 25 bp from last week and 50 bp over the past month. Jumbo loans have a 30-year fixed rate at 7.125%, up 13 bp from last week and 50 bp from a month ago. The 5-year ARM is at 6.375%, increasing 25 bp from last week and 38 bp over 30 days.

Northrop Grumman offers adjustable-rate mortgages with a 3-year ARM at 5.5% today, a 5-year ARM at 5.625%, and a 7-year ARM at 6.125%. These rates have stayed steady over the past week and month. Peach State shows a 15-year Conventional Fixed rate today at 6.5%, up 50 bp from a week ago. The 30-year Conventional Fixed rate is 7.25%, rising 38 bp in the last week and 50 bp over the past month. Adjustable rates include a 5-year ARM at 5.625%, up 25 bp in seven days and 38 bp in 30 days, a 7-year ARM at 5.75%, and a 10-year ARM at 5.875%, both also up 25 bp in a week and 38 bp in a month.

Publix Employees offers a 15-year conventional fixed rate at 5.74% today, up 9 bp from last week and 14 bp from 30 days ago. Their 30-year conventional fixed rate is 6.34%, rising 6 bp over the past week and 16 bp in the last 30 days. The 30-year jumbo fixed rate stands at 6.09%, also up 6 bp from last week and 16 bp from a month ago. Affinity shows a 15-year conventional fixed rate today at 5.875%, up 25 bp from last week and 38 bp from 30 days ago. Their 30-year conventional fixed is 6.5%, also up 25 bp from last week and 38 bp from 30 days ago. FHA fixed rates for 3-year, 5-year, and 7-year terms are 6.125%, 6.25%, and 6.5%, each rising 25 bp over the past week and 38 bp over the past month.

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.

Wings Financial offers a 15-year Conventional Fixed at 6.25%, up 13 bp from a week ago, and a 30-year Conventional Fixed at 6.875%, unchanged from last week but up 38 bp from a month ago. The 15-year and 30-year Conventional Refinance rates match these fixed rates. Adjustable 5-year and 7-year ARMs are at 6.0%, with the 5-year ARM up 25 bp this week and 63 bp over the month. The 10-year ARM is 6.125%, up 25 bp from last week. The Jumbo 30-year Fixed is 6.875%, steady this week but up 38 bp over 30 days. Connexus offers a 15-year conventional fixed rate at 6.125%, unchanged from last week, and a 30-year conventional fixed at 6.875%, up 13 bp in the past week. 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 since last week.

Empeople offers a 15-year conventional fixed rate today at 6.125%, up 38 bp from last week. The 30-year conventional fixed rate is 6.875%, also up 38 bp over seven days. FHA fixed rates are available for 3-, 5-, and 7-year terms, with the 3-year at 5.875% today, rising 50 bp in the last week. The 5-year FHA fixed is 6.125%, and the 7-year is 6.375%, both up 50 bp from last week.