Mortgage Loans in Richardson, TX

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:

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. 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.

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.

A+ offers a 15-year conventional fixed rate at 6.5%, up 13 bp from a week ago and 51 bp from a month ago. Their 30-year conventional fixed is 6.875%, also up 13 bp in the last week and 38 bp over 30 days. The 30-year jumbo fixed rate is 6.875%, rising 13 bp in a week and 38 bp in a month. The 5-year ARM is 5.75%, up 25 bp from last week but down 25 bp from 30 days ago. The 10-year ARM stands at 6.625%, increasing 13 bp this week and 38 bp over the past month. Chevron offers a 15-year conventional fixed rate at 6.5%, up 13 bp from a week ago and 75 bp higher than a month ago. Their 30-year conventional fixed rate is 6.875%, rising 25 bp over 30 days. The 30-year jumbo fixed rate matches the conventional at 6.875%, also up 25 bp in 30 days.

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. Texas Dow Employees offers a 15-year and 30-year Conventional Fixed mortgage at 6.5% and 7.0%, respectively. The 30-year Fixed FHA and VA loans are both at 6.63%, up 38 bp from 30 days ago. The 7-year Adjustable rate is 7.0%, up 12 bp from a week ago and 25 bp from 30 days ago. The 10-year Adjustable rate is 7.13%, up 13 bp from 15 days ago.

Jsc offers a 15-year conventional fixed rate at 6.5%, down 13 bp from a week ago, and a 30-year conventional fixed at 6.75%. The 30-year conventional fixed rate is up 38 bp over the past month. FHA 30-year fixed loans are at 6.49%, with a 37 bp increase from 30 days ago. VA 30-year fixed loans stand at 6.625%, rising 50 bp in the last 30 days. Credit Human offers a 15-year fixed mortgage at 6.525% today, down 2 bp from last week. Their 30-year fixed rate is 6.875%, a 3 bp decrease from seven days ago. Both rates have risen since early September but remain steady compared to mid-month.