Mortgage Loans in Lakeland, FL

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%. This rate has stayed the same compared to 1, 7, 30, 60, and 90 days ago. When the Fed Funds rate is steady, it can help keep mortgage rates stable since banks use this rate to set loan costs.

Credit Union Loan Rates - Trends & Analysis:

Connexus offers a 15-year conventional fixed rate at 5.625% and a 30-year conventional fixed rate at 6.375%, both unchanged from last week. Their 3-year ARM is steady at 4.99%, and the 5-year ARM holds at 5.375%. The 7-year ARM is also stable today at 5.625%. Wings Financial offers a 15-year conventional fixed rate today at 5.75%, up 13 bp from last week. Their 30-year conventional fixed rate is 6.375%, down 13 bp from seven days ago. The 15-year and 30-year conventional refinance rates match these fixed rates. Jumbo 30-year fixed loans are also at 6.375%, down 13 bp from last week. Adjustable 5-year and 7-year ARM rates hold steady at 5.375% and 5.625%, respectively, while the 10-year ARM is 5.875%, up 13 bp from two weeks ago.

America First shows a 15-year conventional fixed rate today at 5.875%, up 13 bp from last week. Their 30-year conventional fixed and 30-year conventional refinance rates are both 6.5%, unchanged from a week ago but up 13 bp from two weeks ago. FHA 30-year fixed is at 6.0%, down 13 bp from last week. VA 30-year fixed stands at 6.125%, also down 13 bp from last week. Baxter offers a 15-year conventional fixed rate at 5.75% and a 30-year conventional fixed rate at 6.5%, both unchanged from earlier in the month. Their 30-year jumbo fixed rate is 6.25%, steady as well. The 5-year ARM is at 5.25%, with no recent change.

Grow Financial has a 15-year conventional fixed rate today at 6.25%, up 13 bp from last week. Their 30-year conventional fixed rate is 6.5%, also up 13 bp over the same period. For FHA loans, the 3-year ARM is at 5.75%, and the 5-year ARM is 5.875%, each up 13 bp from last week. The 10-year ARM stands at 6.5%, up 13 bp as well. Launch Credit Union offers a 15-year conventional fixed rate at 6.0% and a 30-year conventional fixed rate at 6.5%, both unchanged from a week ago but up 25 bp from a month ago. Their 15-year conventional refinance rate is 5.75%, and the 30-year conventional refinance rate is 6.25%, also steady for the week and up 25 bp over 30 days.

State Department offers a 15-year conventional fixed rate today at 5.625%, unchanged from last week but down 13 bp from a month ago. Their 30-year conventional fixed rate is 6.25%, steady from last week and down 13 bp over 30 days. The 30-year jumbo fixed rate is 6.625%, also steady from last week and down 13 bp from a month ago. The 5-year ARM is 5.75%, unchanged from last week but down 25 bp in the past 30 days. The 7-year and 10-year ARMs hold steady at 6.125% and 6.25%, respectively. 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.

Nasa offers a 15-year conventional fixed rate at 5.875% today, up 13 bp from last week. The 30-year conventional fixed rate holds steady at 6.375%. FHA 30-year fixed loans are at 6.25%, also up 13 bp from last week. VA 30-year fixed loans are 6.0%, up 13 bp from last week. Jumbo 30-year fixed loans are at 6.5%, up 13 bp from last week and 13 bp higher than a month ago. Mayo Employees offers a 15-year Conventional fixed rate at 5.875% and a 30-year Conventional fixed rate at 6.5%, both unchanged from last week. Their 15-year Conventional refinance rate is 6.127%, up 13 bp from seven days ago. Adjustable rates include a 5-year ARM at 5.625% and a 7-year ARM at 5.75%, steady from last week.