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:

Community First Credit Union Of Flo offers a 15-year conventional fixed rate at 6.125% today, up 13 bp from a week ago and 25 bp from 30 days ago. Their 30-year conventional fixed rate is 6.725%, unchanged from last week but up 13 bp from 30 days ago. Jumbo 30-year fixed loans are at 6.625%, steady this week but up 13 bp from a month ago. The 5-year adjustable rate is 6.375%, also steady this week and up 13 bp from 30 days ago. Connexus offers a 15-year conventional fixed rate today at 6.125%, up 25 bp from last week and 50 bp from a month ago. The 30-year conventional fixed rate is 6.75%, rising 25 bp in the past week and 38 bp over 30 days. 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 unchanged recently.

Dupaco Community offers a 15-year conventional fixed rate at 6.125% today, unchanged from a week ago but up 13 bp from 30 days prior. Their 30-year conventional fixed rate is 6.375%, down 13 bp from last week and steady over the past month. The 15-year and 30-year conventional refinance rates are 6.125% and 6.5%, respectively, with the 30-year refinance up 13 bp from 30 days ago. State Department shows a 15-year Conventional Fixed rate today at 6.0%, up 13 bp from last week. The 30-year Conventional Fixed rate is 6.625%, rising 25 bp in the past 7 days. The 15-year Adjustable FHA rate is 6.0%, increasing 13 bp over the week, while the 30-year Jumbo Fixed rate is 7.0%, up 38 bp from last week.

Alliant shows a 15-year conventional fixed rate today at 6.125%, up 25 bp from last week and last month. The 30-year conventional fixed is 7.0%, also up 25 bp over the same periods. Adjustable 5-year and 7-year ARMs are at 6.0% and 6.125%, respectively, with smaller increases of 13 bp from last week and 25 bp from last month. The 10-year ARM is 6.375%, rising 13 bp from last week and 25 bp from last month. American Airlines offers a 15-year conventional fixed rate at 6.21% and a 30-year conventional fixed rate at 6.583%, both unchanged from a week ago but up 13 bp from a month ago. Their 5-year adjustable rate stands at 6.533%, up 20 bp from 30 days prior. Rates have held steady recently with slight increases over the past month.

Ithink Financial shows a 15-year conventional fixed rate today at 6.375%, up 25 bp from a week ago and 25 bp higher than a month ago. The 30-year conventional fixed rate is 6.875%, up 13 bp from last week but unchanged from a month ago. FHA 3-year fixed remains steady at 6.125%. Gulf Winds offers a 15-year fixed rate at 6.5% and a 30-year fixed rate at 6.875%, both unchanged from recent weeks. Their adjustable rates include 3-year at 6.28%, 5-year at 6.39%, 7-year at 6.49%, and 10-year at 6.58%, all steady as well.

Digital shows a 15-year Conventional Fixed rate today at 6.375%, unchanged from last week but up 50 bp from a month ago. The 30-year Conventional Fixed rate is steady at 7.0%, with a 30 bp increase over the past month. For 15-year Conventional ARM, the rate is 6.5%, up 13 bp from last week and 63 bp from a month ago. The 30-year Conventional ARM rate rose to 7.375%, 38 bp higher than last week and 88 bp above the rate from a month ago.

First Technology offers a 15-year Conventional Fixed at 6.375%, unchanged from last week but up 13 bp from three weeks ago. Their 30-year Conventional Fixed is 7.125%, up 13 bp from both last week and three weeks ago. The 30-year Jumbo Fixed rate holds steady at 6.875%. Adjustable rates for 5- and 7-year terms are at 6.375%, rising 13 bp from last week and 50 bp from three weeks ago. The 10-year ARM is 6.75%.