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Today’s Mortgage Rates & Analysis - Updated on 2026-SEP-20
Federal Funds Rate - Trends & Analysis:
Today’s Fed Funds Effective Rate is 4.00%, higher than 7, 30, 60, and 90 days ago when it was 3.75%. When the Fed Funds rate rises, it can increase mortgage rates because lenders face higher borrowing costs.
Credit Union Loan Rates - Trends & Analysis:
Pentagon offers a 30-year Conventional Fixed at 6.625% today, up 13 bp from last week and 38 bp from a month ago. Their 30-year Conventional Refinance Fixed is at 6.75%, also up 13 bp from last week and 50 bp from a month ago. The 30-year FHA Fixed rate is 6.125%, rising 13 bp since last week and 38 bp over the past month. The 30-year VA Fixed is steady today at 6.125%, with a 38 bp increase from a month ago. Jumbo 30-year Fixed loans are at 6.625%, up 25 bp from last week and 38 bp from a month ago. Members First shows a 15-year conventional fixed rate today at 6.625%, up 38 bp from a week ago and 38 bp higher than 30 days prior. Their 30-year conventional fixed rate is 7.0%, rising 25 bp in the past week and 38 bp over the last month.
Eastrise offers both 15-year and 30-year conventional fixed loans today at 6.75%. The 15-year rate rose by 37 bp over the past week and 50 bp over the last 30 days. The 30-year rate increased by 25 bp in the past week and 37 bp in the last 30 days. Frankenmuth shows a 15-year fixed rate today at 6.75%, up 38 bp from last week. The 30-year fixed rate is 7.0%, rising 25 bp over the same period. Both rates have increased noticeably compared to a month ago, with the 15-year fixed up 50 bp and the 30-year fixed up 38 bp.
Digital 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%, up 38 bp from last week and 50 bp from 30 days ago. The 15-year conventional refinance rate is 6.625%, up 13 bp from last week and 50 bp from 30 days ago. The 30-year conventional refinance rate holds steady at 7.375%, up 38 bp from 30 days ago. Jumbo 30-year fixed is 7.25% today, up 50 bp from 30 days ago.
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. Intouch offers a 5-year ARM fixed at 6.875% today, up 38 bp from both one and 30 days ago.
Directions shows a 30-year Conventional Fixed rate today at 7.375%, up 38 bp from both a week and a month ago. The 30-year Conventional Fixed refinance rate is also 7.375%, up 38 bp from a month ago. Rates have risen slightly over the past 30 days. Financial Plus shows a 15-year conventional fixed rate today at 7.125%, up 50 bp from last week and 75 bp from 30 days ago. Their 30-year conventional fixed is 7.25%, rising 38 bp over the past week and 50 bp since 30 days ago. The 30-year FHA fixed rate is 6.75%, also up 38 bp from last week and 50 bp from 30 days ago.
Everwise shows a 30-year conventional fixed rate today at 7.25%, up 38 bp from a week ago and 50 bp higher than 30 days ago. The rate has risen notably over the past month, reflecting recent market shifts.
Market Indicators - Data & Insights:
Today, Zillow’s 30-year mortgage rate is 6.855%, and Freddie Mac’s 30-year rate is 6.950%, with Zillow slightly lower than Freddie Mac. Zillow’s 30-year rate is higher than it was 7 days ago. These rates reflect the cost borrowers face for long-term home loans, which can influence how many people decide to buy or refinance homes.