Mortgage Loans in Naples, FL

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:

Midflorida offers a 30-year Conventional fixed rate today at 6.75%, up 13 bp from last week and 25 bp from a month ago. Their 30-year Conventional refinance rate holds steady at 6.24%. The 7-year ARM fixed rate is 6.5%, rising 25 bp over the past 15 days. Digital shows a 15-year Conventional Fixed rate today at 6.75%, up 13 bp from last week and 63 bp higher than a month ago. The 30-year Conventional Fixed rate is 7.375%, unchanged from last week but 38 bp higher than 30 days ago. The 30-year Conventional ARM is also 7.375%, steady over the past week and up 25 bp from a month ago. The 30-year Jumbo Fixed rate is 7.25%, steady week-over-week and 38 bp higher than 30 days prior.

First Technology shows a 15-year conventional fixed rate today at 6.75%, up 38 bp from last week and 63 bp from 30 days ago. The 30-year conventional fixed rate is 7.375%, rising 25 bp in the past week and 50 bp over the month. Jumbo 30-year fixed loans stand at 7.25%, increasing 38 bp from last week and 50 bp from 30 days ago. Adjustable 5- and 7-year fixed rates are both 6.5%, up 13 bp this week and 63 bp since last month. The 10-year adjustable fixed rate is 7.125%, up 38 bp from last week. Tyndall offers a 30-year Conventional fixed mortgage at 7.25% today, up 13 bp from a week ago and 38 bp higher than 30 days prior. Their 30-year FHA fixed rate is 6.875% today, rising 13 bp in the past week and 50 bp over the last month.