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:

Together offers a 30-year Conventional Fixed at 6.25%, up 50 bp from a week ago. The 5-year ARM is 5.75%, up 25 bp over seven days. The Jumbo 30-year Fixed is 7.0%, up 13 bp in the past week and 25 bp over 30 days. Grow Financial offers a 15-year conventional fixed rate at 6.25% and a 30-year conventional fixed rate at 6.5%, both unchanged from recent weeks. Their 3-year ARM is priced at 5.75%, and the 5-year ARM is at 5.875%. The 10-year ARM stands at 6.5%. Rates have held steady over the past month.

Launch Credit Union offers a 15-year conventional fixed mortgage at 6.0% and a 30-year conventional fixed at 6.5%. Their 15-year conventional refinance rate is 5.75%, while the 30-year conventional refinance rate is 6.25%. These rates have stayed steady over the past month. Community Credit Union Of Florida offers a 15-year conventional fixed rate at 6.0%, unchanged from a week ago but up 25 bp from a month ago. Their 30-year conventional fixed rate is 6.625%, up 13 bp from both a week and a month ago. FHA, VA, and Jumbo 30-year fixed rates are all at 6.125%, also up 13 bp from a week and a month ago.

Mayo Employees offers a 15-year Conventional fixed rate at 5.875%, down 38 bp from last week. Their 30-year Conventional fixed rate holds steady at 6.5%. The 15-year Conventional refinance rate is 6.253%, up 25 bp from two weeks ago. Adjustable rates include a 5-year ARM at 5.625% and a 7-year ARM at 5.75%, both unchanged. Wings Financial offers a 15-year conventional fixed rate today at 6.125%, up 25 bp from a week ago. Their 30-year conventional fixed is 6.875%, also up 38 bp from last week. The 15-year and 30-year conventional refinance rates match the purchase rates. Jumbo 30-year fixed loans are at 6.75%, rising 25 bp in seven days. Adjustable 5-year ARMs are at 5.75%, up 38 bp, while 7-year ARMs are 5.875%, up 13 bp.

Nasa offers a 15-year conventional fixed rate at 6.0%, unchanged from last week but up 25 bp from a month ago. The 30-year conventional fixed rate is 6.5%, steady over the past week and 13 bp higher than 30 days ago. FHA 30-year fixed loans are at 6.375%, the same as last week but up 25 bp from a month ago. VA 30-year fixed loans stand at 6.125%, up 13 bp from a month ago. Jumbo 30-year fixed loans are at 6.625%, unchanged this week but 25 bp higher than 30 days ago.

Achieva Credit Union offers a 15-year conventional fixed rate at 6.0% and a 30-year conventional fixed rate at 6.5%, with the 30-year rate up 13 bp from 15 days ago. Their 30-year jumbo fixed rate is also 6.5%, up 13 bp from both 15 and 30 days ago. The 5-year adjustable rate is 6.0%, up 13 bp from 15 and 30 days ago, while the 10-year adjustable rate is 6.25%, down 13 bp from 15 days ago but up 25 bp from 30 days ago. Baxter offers a 15-year Conventional Fixed at 6.0%, up 13 bp from last week and 25 bp from 30 days ago. Their 30-year Conventional Fixed is steady at 6.625%, unchanged from last week but up 13 bp from 30 days ago. The 15-year Adjustable Fixed is 5.375%, up 13 bp from 30 days ago. The Jumbo 30-year Fixed remains steady at 6.25%.

America First shows a 15-year conventional fixed rate at 6.125%, up 25 bp from a week ago. Their 30-year conventional fixed is 6.75%, also up 25 bp in the last 7 days. FHA 30-year fixed is 6.375%, rising 13 bp this week. VA 30-year fixed stands at 6.5%, up 13 bp from last week. The 30-year conventional refinance rate is 6.875%, up 25 bp compared to seven days ago.