Mortgage Loans in Eau Claire, WI

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:

Affinity Plus offers a 15-year Conventional Fixed rate at 6.5% today, up 13 bp from a week ago and 38 bp over the past 30 days. The 30-year Conventional Fixed and Jumbo Fixed rates are both 7.0%, each up 13 bp from last week and 25 bp over 30 days. The VA 30-year Fixed rate is 7.625%, unchanged from a week ago but up 38 bp over 30 days. Adjustable-rate 5-year and 7-year ARMs hold steady at 5.25% and 5.5%. Consumers offers a 15-year Conventional Fixed at 5.5% and a 30-year Conventional Fixed at 7.125%, with the 30-year rate up 38 bp from 30 days ago. American has a 5-year ARM at 6.375%, which rose 38 bp over the past month. Jumbo loans include a 30-year Fixed at 7.125%, up 25 bp in 30 days.

Northrop Grumman offers 3-year fixed at 5.5%, 5-year fixed at 5.625%, and 7-year fixed at 6.125%, all steady from recent weeks. The 5-year fixed is today 5.625%. Capital shows a 15-year conventional fixed rate today at 6.5%, up 75 bp from last week, and a 30-year conventional fixed at 6.875%, up 13 bp from last week and 38 bp from a month ago. Their 3-year ARM is steady at 5.25%, while the 5-year and 7-year ARMs hold at 5.375% and 5.625%, respectively. The 10-year ARM is at 6.0%, up 25 bp from a month ago.

Affinity shows a 15-year conventional fixed rate today at 5.875%, up 25 bp from last week and 38 bp from 30 days ago. Their 30-year conventional fixed is 6.5%, also up 25 bp from last week and 38 bp from 30 days ago. FHA fixed rates for 3-year, 5-year, and 7-year terms are 6.125%, 6.25%, and 6.5%, each rising 25 bp over the past week and 38 bp over the past month. Mayo Employees offers a 15-year conventional fixed rate at 6.25% and a 30-year conventional fixed at 6.875%, both unchanged from last week but up 38 bp from a month ago. Their 15-year conventional refinance rate is 6.505%, up 25 bp from two weeks ago and 50 bp from a month ago. Adjustable-rate 5-year and 7-year terms are at 5.75% and 5.875%, each up 13 bp from a month ago.

Navy Federal Credit Union offers a 15-year Conventional fixed rate at 6.0% and a 30-year Conventional fixed rate at 6.625%, both unchanged from last week. Their 15-year Conventional refinance rate is 6.0%, up 38 bp from a week ago, while the 30-year Conventional refinance rate is 6.625%, also up 38 bp. The 30-year VA fixed rate is 6.25%, unchanged from a week ago but up 50 bp from a month ago. The 30-year Jumbo fixed rate is 6.875%, steady over the past week. The 3-year ARM Conventional rate is 5.625%, up 25 bp from last week, and the 5-year ARM Conventional rate is 5.875%, also up 25 bp.

Wings Financial offers 15-year and 30-year Conventional Fixed loans today at 6.25% and 6.875%, respectively. The 15-year rate rose 63 bp from three weeks ago, while the 30-year rate increased 38 bp over the same period. For Adjustable-Rate Mortgages, 5-year ARMs are at 6.0%, up 63 bp from three weeks ago, and 7-year ARMs are at 6.0%, up 38 bp. The 10-year ARM stands at 6.125%, up 25 bp from a month ago. Jumbo 30-year Fixed loans are also 6.875%, up 38 bp from three weeks ago. Westconsin offers a 15-year conventional fixed rate at 6.875%, up 25 bp from last week and 63 bp from a month ago. Their 30-year conventional fixed rate is 7.25%, rising 13 bp over seven days and 38 bp over 30 days. Adjustable rates for 5-year and 7-year terms remain steady at 6.0% and 6.25%, respectively.

Alliant offers a 15-year fixed conventional loan at 6.125% and a 30-year fixed conventional loan at 7.0% today. They also have adjustable-rate options for 5, 7, and 10 years fixed at 6.0%, 6.125%, and 6.375%, respectively. Rates have stayed steady over the past weeks.