Mortgage Loans in Shelley, ID

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 higher, it can put upward pressure on mortgage rates because lenders’ borrowing costs increase.

Credit Union Loan Rates - Trends & Analysis:

Spokane Teachers offers a 15-year conventional fixed rate at 5.75%, unchanged from last week. Their 30-year conventional fixed rate is 6.375%, down 13 bp from a week ago. The 30-year FHA fixed rate is 6.125%, also down 13 bp from last week. The 30-year VA fixed rate remains steady at 6.25%. The 30-year jumbo fixed rate is 6.375%, down 13 bp from a week ago. The 5-year adjustable rate is 6.25%, down 13 bp from last week. Baxter offers a 15-year conventional fixed rate at 5.75% and a 30-year conventional fixed rate at 6.5%, both unchanged from earlier in the month. Their 30-year jumbo fixed rate is 6.25%, steady as well. The 5-year ARM is at 5.25%, with no recent change.

Potlatch No. 1 Financial offers a 15-year conventional fixed rate at 5.75% and a 30-year conventional fixed rate at 6.5%. The 15-year conventional fixed rate has held steady over the past week and month. Their 30-year FHA fixed rate is 5.875%, up 13 bp from a week ago. The 30-year VA fixed rate is also 5.875%, with the same weekly increase. The 15-year conventional refinance rate is 5.875%. The 30-year conventional refinance rate is 6.625%.

State Department shows a 15-year conventional fixed rate today at 5.625%, unchanged from last week but down 13 bp from a month ago. The 30-year conventional fixed rate is 6.25%, down 13 bp from both last week and a month ago. Jumbo 30-year fixed loans are at 6.625%, down 13 bp from last week and the past month. Adjustable 5-year fixed rates stand at 5.75%, down 13 bp from last week and 25 bp from a month ago. Nasa offers a 15-year conventional fixed rate at 5.875%, up 13 bp from a week ago. Their 30-year conventional fixed rate is 6.375%, down 13 bp over the past month. The 30-year FHA fixed rate is 6.25%, up 13 bp from last week. The 30-year VA fixed rate stands at 6.0%, up 13 bp from seven days ago. The 30-year jumbo fixed rate matches the conventional at 6.375%, down 13 bp over 30 days.

Caped-Credit-Union offers a 15-year conventional fixed rate at 6.0% and a 30-year conventional fixed rate at 6.5% today. The 15-year conventional fixed rate is unchanged from a week ago, while the 30-year conventional fixed rate is down 13 bp over seven days. Their 15-year conventional refinance rate is 5.875%, down 13 bp from last week, and the 30-year conventional refinance rate is 6.625%, also down 13 bp in the same period. Numerica offers a 15-year conventional fixed rate at 6.0%, down 13 bp from last week. Their 30-year conventional fixed rate holds steady at 6.625%. The jumbo 30-year fixed rate rose to 7.625%, up 25 bp over the past month.

Digital offers a 15-year conventional fixed rate at 6.125% and a 30-year conventional fixed rate at 6.875% today. The 30-year conventional fixed rate rose by 13 bp over the past week and 50 bp over the past 30 days. The 15-year conventional fixed rate remains steady compared to last week but is up 25 bp from 30 days ago. The 30-year conventional fixed jumbo rate is 7.0% today, up 13 bp from last week and 50 bp from 30 days ago. First Technology offers a 15-year Conventional Fixed at 6.125% and a 30-year Conventional Fixed at 7.0%, up 13 bp from a week ago. Their 30-year Jumbo Fixed is 6.875%, rising 13 bp in the last week and 38 bp over 30 days. Adjustable rates include 5.875% for 5- and 7-year ARMs, steady this week but up 13 bp over 30 days, and a 10-year ARM at 6.75%, down 13 bp from two weeks ago but up 13 bp over 30 days.

Alliant shows a 15-year conventional fixed rate today at 6.125%, up 25 bp from last week and last month. The 30-year conventional fixed is 7.0%, also up 25 bp over the same periods. Adjustable 5-year and 7-year ARMs are at 6.0% and 6.125%, respectively, with smaller increases of 13 bp from last week and 25 bp from last month. The 10-year ARM is 6.375%, rising 13 bp from last week and 25 bp from last month.