Federal Funds Rate - Trends & Analysis:
Today’s Fed Funds Effective Rate is 4.25%. This is lower than the rate 30 and 60 days ago, which were both 4.50%. When the Fed Funds rate is higher, it can push mortgage rates up because lenders face higher borrowing costs.
Credit Union Loan Rates - Trends & Analysis:
Coast Central offers a 30-year conventional fixed mortgage at 5.0% today. Affinity offers a 15-year conventional fixed rate at 5.125% and a 30-year conventional fixed rate at 5.75%, both unchanged from last week but up 13 bp from a month ago. Their 3-, 5-, and 7-year adjustable rates remain steady at 4.375%, 4.5%, and 4.75%, respectively. State Department offers a 15-year Conventional Fixed rate at 4.75% and a 30-year Conventional Fixed at 5.375% today. The 30-year Jumbo Fixed rate is 5.625%. Adjustable rates include a 5-year ARM at 5.125%, a 7-year ARM at 5.0%, and a 10-year ARM at 5.375%.
Sierra Central offers a 15-year conventional fixed rate at 6.5% and a 30-year conventional fixed rate at 6.833% as of October 17, 2025. These rates reflect the current market conditions for fixed loans at this credit union. Nuvision offers a 15-year Conventional fixed rate at 5.0%, unchanged from last week but up 13 bp from a month ago. Their 30-year Conventional fixed rate is 5.75%, down 13 bp from last week. FHA and VA 30-year fixed rates remain steady at 5.5%. Adjustable rates include a 5-year ARM at 4.75%, down 13 bp from two weeks ago, and a 7-year ARM at 4.875%, also down 13 bp from two weeks ago.
Baxter offers a 15-year conventional fixed rate at 5.125%, unchanged from last week but up 13 bp from a month ago. Their 30-year conventional fixed rate is 5.875%, down 13 bp from last week. The 30-year jumbo fixed rate is steady today at 5.875%, up 25 bp from a month ago. The 5-year adjustable rate stands at 4.75%. Navy Federal Credit Union offers a 15-year conventional fixed rate at 4.875% and a 30-year conventional fixed rate at 5.5%, both down 13 bp from a week ago. The 30-year VA fixed rate is 5.25%, also down 13 bp in the last week. Jumbo 30-year fixed loans are at 5.75%, with the same weekly drop of 13 bp. FHA 3-year and 5-year ARM rates hold steady at 5.0% and 5.25%, respectively.
Pacific Service offers a 15-year conventional fixed rate at 4.875% and a 30-year conventional fixed rate at 5.625% today. They also have a 30-year jumbo fixed rate at 6.0%. San Francisco Fire offers a 15-year Conventional Fixed rate at 5.125% and a 30-year Conventional Fixed at 5.75% today. Jumbo 30-year Fixed loans are priced at 5.625%, while Adjustable rates include a 5-year ARM at 5.625%, a 7-year ARM at 5.75%, and a 10-year ARM at 5.875%. Affinity Plus shows a 30-year Conventional Fixed rate today at 6.0%, down 13 bp from 30 days ago. The 15-year Conventional Fixed rate holds steady at 5.5%. VA 30-year Fixed loans are at 6.625%, unchanged over the past month. Adjustable rates include a 5-year ARM at 4.875% and a 7-year ARM at 5.125%, both steady.
Market Indicators - Data & Insights:
Today, Zillow's 30-year mortgage rate is 6.270%, and Freddie Mac's 30-year rate is also 6.270%. 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.