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Today’s Mortgage Rates & Analysis - Updated on 2026-SEP-23
Federal Funds Rate - Trends & Analysis:
Today’s Fed Funds Effective Rate is 4.00%, which is higher than 7 days ago at 3.75%. When the Fed Funds rate rises, it can put upward pressure on mortgage rates because lenders face higher borrowing costs.
Credit Union Loan Rates - Trends & Analysis:
Advia offers a 15-year conventional fixed rate at 6.375%, up 13 bp from last week and 50 bp higher than a month ago. Their 30-year conventional fixed rate is 6.875%, also up 13 bp in the past week and 38 bp over 30 days. Adjustable 5-year and 7-year fixed rates are 6.125% and 6.25%, respectively, each up 13 bp from last week and 38 bp from a month ago. America First offers a 15-year conventional fixed rate at 6.25% today, up 13 bp from a week ago and 63 bp from a month ago. Their 30-year conventional fixed and 30-year conventional refinance rates are both 6.875% today, with a 30 bp increase over the past 30 days. FHA 30-year fixed loans are priced at 6.5%, and VA 30-year fixed loans are at 6.625%, each up 38 bp from a month ago.
Baxter offers a 15-year conventional fixed rate today at 6.25%, up 25 bp from last week and 63 bp from a month ago. Their 30-year conventional fixed rate is 6.875%, up 25 bp from last week and 50 bp from a month ago. The 30-year jumbo fixed rate is also 6.875%, up 63 bp from both last week and a month ago. For adjustable rates, the 5-year ARM is at 5.625%, up 25 bp from last week and 38 bp from a month ago. Lake Trust offers a 15-year conventional fixed rate at 6.375%, up 13 bp from last week and 50 bp higher than two weeks ago. Their 30-year conventional fixed rate is 6.875%, also up 13 bp from last week and 25 bp higher than a month ago. For adjustable rates, the 5-year ARM is at 6.125%, rising 13 bp in the past week and 25 bp over the month, while the 7-year ARM is 6.25%, up 13 bp from last week and 25 bp from a month ago.
State Department shows a 15-year conventional fixed rate today at 6.125%, down 13 bp from a week ago, and a 30-year conventional fixed rate at 6.75%. The 15-year adjustable rate mortgage is at 6.125%, up 13 bp from last week, while the 7-year adjustable is 6.5%, unchanged from seven days ago. The 10-year adjustable rate stands at 6.5%. The jumbo 30-year fixed rate is 7.5%, down 25 bp from a week ago. Zeal shows a 15-year conventional fixed rate today at 6.375%, up 13 bp from a week ago and 50 bp from 30 days ago. Their 30-year conventional fixed is 6.875%, up 13 bp in the last week and 38 bp over 30 days. The 5-year adjustable rate is 6.125%, rising 13 bp in a week and 38 bp in 30 days, while the 7-year adjustable is 6.25%, also up 13 bp this week and 38 bp in the past month.
Eastrise offers a 15-year conventional fixed rate at 6.63%, unchanged from a week ago but up 38 bp from a month ago. Their 30-year conventional fixed rate is 6.25%, down 50 bp from last week and 13 bp from a month ago. They also have 15-year and 30-year adjustable options at 6.125% and 6.875%, respectively. American Airlines offers a 15-year conventional fixed rate at 6.337% today, up 13 bp from a week ago. The 30-year conventional fixed rate is 6.837%, also up 25 bp over the same period. Their 5-year adjustable rate stands at 6.657%, rising 12 bp from last week.
Nasa offers a 15-year conventional fixed at 6.375%, up 38 bp from a week ago and 63 bp higher than a month ago. Their 30-year conventional fixed is 6.875%, also up 38 bp in the past week and 50 bp over 30 days. FHA 30-year fixed loans are at 6.625%, rising 25 bp in the last week and 50 bp in the last month. VA 30-year fixed stands at 6.5%, up 38 bp from last week and 63 bp from 30 days ago. Jumbo 30-year fixed loans are 6.875%, with a 25 bp increase in the past week and 50 bp over the month. Dupaco Community offers a 15-year conventional fixed rate at 6.5%, up 12 bp from a week ago and 50 bp higher than a month ago. Their 30-year conventional fixed rate is 6.75%, unchanged from last week but 38 bp higher than 30 days ago. The 15-year and 30-year conventional refinance rates match the purchase rates, with similar changes.
Market Indicators - Data & Insights:
Today, Zillow's 30-year mortgage rate is 7.021%, and Freddie Mac's 30-year rate is 6.950%, with Zillow higher than Freddie Mac. Zillow's 15-year rate stands at 6.911%, higher than 7 days ago. These rates reflect the current cost of borrowing for homebuyers, influencing how much people can afford and the demand for housing.