Mortgage Loans in Clarksville, TN

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%, unchanged from 1, 7, 30, 60, and 90 days ago. The rate is lower than one year ago when it was 4.50%. When the Fed Funds rate is higher, it can increase mortgage rates by raising borrowing costs for lenders.

Credit Union Loan Rates - Trends & Analysis:

Connexus offers a 15-year conventional fixed rate today at 5.875%, up 25 bp from a week ago, and a 30-year conventional fixed at 6.5%, up 13 bp. Their 15-year conventional refinance rate is 6.125%, and the 30-year conventional refinance is 6.75%. FHA fixed rates include a 3-year ARM at 4.99% and a 5-year ARM at 5.375%, both steady from last week. Baxter offers a 15-year conventional fixed rate at 5.875%, up 13 bp from a week ago, and a 30-year conventional fixed at 6.625%, also up 13 bp. Their 30-year jumbo fixed rate holds steady at 6.25%. The 5-year ARM is at 5.375%, rising 13 bp from last week.

State Department shows a 15-year conventional fixed rate today at 5.875%, up 25 bp from last week. The 30-year conventional fixed rate is 6.375%, up 13 bp from last week. Their 30-year jumbo fixed rate is 6.625%, down 13 bp from a month ago. Adjustable rates include a 5-year ARM at 5.875% and a 7-year ARM at 6.125%, both up 13 bp from last week. The 10-year ARM is 6.375%, up 25 bp from last week and 13 bp from a month ago.

Nasa offers a 15-year conventional fixed rate at 6.0% today, up 13 bp from last week and 13 bp from a month ago. Their 30-year conventional fixed rate is 6.5%, also up 13 bp from last week and a month ago. The 30-year FHA fixed rate is 6.375%, rising 13 bp over the past week and month. The 30-year VA fixed rate stands at 6.125%, up 13 bp from last week and month. Jumbo 30-year fixed loans are at 6.5%, up 13 bp from last week and month as well. Dupaco Community 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. The 30-year conventional fixed rate holds steady at 6.375%. The 15-year conventional refinance rate is also 6.125%, up 13 bp over the past week and 13 bp from 30 days ago, while the 30-year conventional refinance rate remains at 6.375%.

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.

Pentagon offers a 30-year Conventional fixed rate at 6.25% today. Their 30-year Conventional refinance rate is higher at 6.375%, up 25 bp from a week ago and 13 bp from a month ago. FHA and VA 30-year fixed loans are both at 5.75%. Jumbo 30-year fixed loans stand at 6.25%. Ascend offers a 15-year conventional fixed rate at 6.25% and a 30-year conventional fixed rate at 6.75%, both unchanged over the past week but up 25 bp since early August. Their 30-year FHA fixed rate is 6.5%, up 13 bp from a month ago. The 30-year VA fixed rate remains steady at 6.625%.

Digital shows a 15-year conventional fixed rate today at 6.375%, up 25 bp from a week ago and 63 bp from a month ago. The 30-year conventional fixed rate is 7.0%, up 13 bp from a week ago and 50 bp from a month ago. The 30-year conventional refinance rate is also 7.0%, unchanged from a week ago but up 50 bp from a month ago.