Mortgage Loans in El Paso, TX

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%, unchanged from 7, 30, 60, and 90 days ago. When the Fed Funds rate is steady, it often means less pressure for mortgage rates to rise or fall, as this rate influences short-term borrowing costs for banks.

Credit Union Loan Rates - Trends & Analysis:

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. Firstmark offers 30-year Conventional Fixed and Jumbo Fixed loans at 6.25% today. Both rates have dropped 13 bp over the past 30 days. The 30-year Conventional Fixed rate has held steady over the past week.

Meriwest offers a 15-year fixed rate at 6.25% today, unchanged from the past weeks. Their 30-year fixed rate is 6.375%, up 13 bp from both one week and one month ago. America First shows a 15-year Conventional Fixed rate today at 6.25%, up 38 bp from a week ago and 50 bp from a month ago. The 30-year Conventional Fixed rate is 6.875%, rising 25 bp in the last week and 38 bp over 30 days. FHA 30-year Fixed is at 6.5%, up 25 bp from last week and 50 bp from a month ago. VA 30-year Fixed stands at 6.625%, increasing 25 bp in seven days and 50 bp in 30 days.

State Department offers a 15-year Conventional fixed rate today at 6.125%, up 25 bp from last week. The 30-year Conventional fixed rate is 6.75%, rising 25 bp over seven days and 38 bp over 30 days. Jumbo 30-year fixed loans stand at 7.5%, increasing 75 bp in the past week. Adjustable rates include a 5-year ARM at 6.125%, up 13 bp this week, a 7-year ARM at 6.375%, and a 10-year ARM at 6.5%, steady over seven days. Truity shows a 15-year fixed rate today at 6.25%, up 13 bp from a week ago. The 30-year fixed rate is 7.00%, also up 13 bp over the same period. Both rates have risen slightly since the end of August.

Texas Dow Employees offers a 15-year Conventional Fixed at 6.5% and a 30-year Conventional Fixed at 7.0%, both up 25 bp from last week. Their 30-year FHA Fixed is 6.63%, rising 25 bp in seven days. The 7-year ARM stays steady at 6.88%.

A+ offers a 15-year conventional fixed rate at 6.375%, up 25 bp from last week and 50 bp from a month ago. Their 30-year conventional fixed rate is 6.75%, also up 25 bp from last week and 38 bp from 30 days ago. The 15-year FHA fixed rate matches the conventional at 6.375%, with the same increases. The 30-year FHA fixed rate is 6.75%, up 25 bp week-over-week and 38 bp month-over-month. The 30-year jumbo fixed rate is 6.75%, up 13 bp from last week and 38 bp from 30 days ago. The 5-year ARM fixed rate is 5.5%, down 63 bp from last week and 38 bp from a month ago, while the 10-year ARM fixed rate is 6.5%, up 13 bp week-over-week and 38 bp month-over-month.

Chevron offers a 15-year conventional fixed rate at 6.375%, up 38 bp from last week, and a 30-year conventional fixed at 6.875%, up 25 bp. Their 15-year and 30-year jumbo fixed rates match these conventional rates. The 5-year ARM is 6.25%, up 25 bp. A7p shows a 30-day increase of 50 bp, with a 15-year fixed at 6.375% today. First Technology offers a 15-year Conventional Fixed at 6.375%, unchanged from last week but up 13 bp from three weeks ago. Their 30-year Conventional Fixed is 7.125%, up 13 bp from both last week and three weeks ago. The 30-year Jumbo Fixed rate holds steady at 6.875%. Adjustable rates for 5- and 7-year terms are at 6.375%, rising 13 bp from last week and 50 bp from three weeks ago. The 10-year ARM is 6.75%.