Mortgage Loans in Jacksonville, FL

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%, the same as 7, 30, 60, and 90 days ago. The rate is lower than it was one year ago at 4.50%. When the Fed Funds rate is higher, mortgage rates often face upward pressure because lenders’ costs increase.

Credit Union Loan Rates - Trends & Analysis:

Alabama offers a 15-year Conventional Fixed loan today at 5.625%. FHA loans are available for 3, 5, 7, and 10 years, with rates ranging from 5.0% to 6.5%. Mccoy offers a 15-year fixed rate at 5.5% and a 30-year fixed rate at 6.0%, both unchanged from recent weeks. These steady rates provide clear options for fixed-term loans today. Affinity Plus offers a 30-year Conventional fixed rate at 6.875% today, up 13 bp from last week. The 15-year Conventional fixed rate is 6.375%, up 25 bp. Jumbo 30-year fixed loans are also 6.875%, up 13 bp. VA 30-year fixed loans stand at 7.625%, up 38 bp. Adjustable-rate 5- and 7-year loans remain steady at 5.25% and 5.5%, respectively.

Tropical Financial offers a 15-year Conventional Fixed at 5.75% and a 30-year Conventional Fixed at 6.625% today. Their 15-year Conventional Refinance rate is 5.875%, up 13 bp from a week ago. The 30-year Conventional Refinance rate is 6.75%, unchanged from a week ago but up 13 bp over 15 days. Jumbo 30-year Fixed is 6.25%, up 13 bp over the past 30 days. The 5-year ARM is steady at 5.125%. Space Coast offers a 15-year Conventional Fixed at 5.625% today, up 13 bp from last week. Their 30-year Conventional Fixed is 6.375%, also up 13 bp over seven days. The 15-year Conventional Refinance rate is 5.75%, and the 30-year Conventional Refinance is 6.5%, both up 13 bp. FHA and VA 30-year Fixed rates stand at 6.625%, with Jumbo 30-year Fixed at 6.5%, each up 13 bp from a week ago.

Consumers offer a 15-year conventional fixed rate at 5.5% and a 30-year conventional fixed rate at 6.875%, up 13 bp from 30 days ago on the 30-year. Their 15-year fixed remains steady at 5.5%. American has a 5-year ARM at 6.125%, up 13 bp from 7 days ago. The 30-year conventional fixed rate is steady at 6.875%, and the 15-year fixed is steady at 5.5%. Northrop Grumman offers adjustable-rate mortgages at 3-year today 5.5%, 5-year today 5.625%, and 7-year today 6.125%. These rates have held steady over the past week and month.

Affinity offers a 15-year conventional fixed rate today at 5.625%, up 25 bp from a week ago. The 30-year conventional fixed rate is 6.25%, also up 25 bp over the last seven days. FHA fixed rates for 3-, 5-, and 7-year terms are 5.875%, 6.0%, and 6.25% respectively, each up 25 bp from a week ago.

Navy Federal Credit Union has a 15-year conventional fixed rate today at 5.625% and a 30-year conventional fixed rate at 6.25%. The 15-year conventional fixed rate is steady from a week ago but up 13 bp from a month ago. The 30-year conventional fixed rate also holds steady from last week but rose 13 bp over 30 days. The 15-year conventional refinance rate is 5.625%, unchanged from last week but up 25 bp from a month ago, while the 30-year conventional refinance rate is 6.25%, steady from last week but up 50 bp from 30 days ago. The 30-year VA fixed rate is 5.875%, up 13 bp from two weeks ago. The 30-year jumbo fixed rate is 6.5%, unchanged from last week but up 13 bp from a month ago. The 3-year ARM is at 5.375%, steady from last week but up 13 bp from 30 days ago, and the 5-year ARM is at 5.625%, also steady from last week but up 13 bp from a month ago.

Publix Employees offers a 15-year conventional fixed rate at 5.65% today, up 7 bp from last week and 5 bp from three weeks ago. Their 30-year conventional fixed rate is 6.28%, rising 6 bp from last week but 10 bp higher than three weeks ago. The 30-year jumbo fixed rate is 6.03%, up 6 bp from last week and 10 bp from three weeks ago.