Mortgage Loans in San Bernardino, CA

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 4.00%, higher than 1, 7, 30, 60, and 90 days ago when it was 3.75%. When the Fed Funds rate rises, mortgage rates often face upward pressure because lenders’ borrowing costs increase.

Credit Union Loan Rates - Trends & Analysis:

Star One offers a 15-year conventional fixed rate at 6.5%, up 25 bp from last week and 50 bp from a month ago. Their 30-year conventional fixed is 6.875%, rising 113 bp over both the past week and month. Jumbo 30-year fixed matches the conventional 30-year at 6.875%, also up 113 bp in the last 7 and 30 days. Adjustable rates include a 3-year ARM at 5.75%, a 5-year ARM at 5.875% (up 13 bp from last week and month), a 7-year ARM at 6.0%, and a 10-year ARM at 6.125%.

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.

Citizens Equity First offers a 15-year conventional fixed at 6.5%, up 25 bp from last week, and a 30-year conventional fixed at 7.125%, also up 25 bp. Their adjustable-rate 5-year fixed stands at 6.0%, unchanged from a week ago. The 7-year and 10-year adjustable fixed rates are slightly higher at 6.125% and 6.25%, respectively, each up 13 bp over the past 30 days. Jumbo loans match the 30-year conventional fixed at 7.125%, up 25 bp from last week.

Credit Union Of Southern California offers a 15-year conventional fixed rate today at 6.5%, up 38 bp from last week and 50 bp from 30 days ago. The 30-year conventional fixed rate is 7.125%, also up 38 bp from last week. Their 5-year adjustable rate is 6.125%, with a 25 bp increase over the past week. The 7-year adjustable rate stands at 6.375%, up 25 bp from last week. The jumbo 30-year fixed rate matches the conventional 30-year at 7.125%, up 38 bp from last week.

Schoolsfirst offers a 15-year conventional fixed rate at 5.875% and a 30-year conventional fixed rate at 6.625% today. Their 15-year conventional refinance rate is 6.0%, while the 30-year conventional refinance is 6.75%. The 30-year fixed FHA and Jumbo loans are also at 6.625%. The 30-year conventional fixed rate rose 13 bp over the past week and 25 bp over the past month. American Airlines offers a 15-year conventional fixed rate at 6.21% and a 30-year conventional fixed at 6.583%. Their 5-year adjustable rate is 6.533% today. Rates have been steady over the past month with no changes in basis points.

Meriwest offers both 15-year and 30-year conventional fixed loans today at 6.25%. The 30-year fixed rate dropped by 13 bp since last week, now at 6.25%. The 15-year fixed rate has stayed steady at 6.25%. America First offers a 15-year conventional fixed rate at 6.25%, up 13 bp from last week and 50 bp higher than a month ago. Their 30-year conventional fixed rate is 6.875%, also up 13 bp from last week and 38 bp higher than 30 days ago. FHA 30-year fixed loans are at 6.5%, rising 13 bp in the past week and 38 bp over the last month. VA 30-year fixed rates stand at 6.625%, up 13 bp from last week and 38 bp from a month ago.

Baxter offers a 15-year conventional fixed rate at 6.25%, up 38 bp from last week, and a 30-year conventional fixed at 6.875%, up 25 bp. Their 15-year adjustable conventional rate is 5.625%, with a 25 bp increase. The 30-year jumbo fixed rate is 6.875%, up 63 bp over the past week. Community First offers a 15-year fixed conventional loan at 6.625% today, up 50 bp from a week ago and 50 bp from 30 days ago. Their 30-year fixed conventional rate is 6.875%, rising 13 bp over both the past week and month. The 15-year fixed conventional rate increased by 63 bp compared to two weeks ago.