Mortgage Loans in San Clemente, CA

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:

Coast Central offers a 30-year conventional fixed mortgage at 4.5% today, unchanged from last week and last month. Certified offers a 15-year conventional fixed rate at 5.125% and a 30-year conventional fixed rate at 5.875%, both unchanged from recent weeks. The jumbo 30-year fixed rate also holds steady at 5.875%. Rates have been stable over the past month with no shifts in basis points. This consistency can help you plan your mortgage with confidence. Safe 1 offers a 15-year fixed rate at 5.5% and a 30-year fixed rate at 6.0%, both unchanged from recent weeks. These steady rates provide clear options for borrowers considering either shorter or longer loan terms.

Affinity Plus offers a 15-year Conventional fixed rate at 6.125% and a 30-year Conventional fixed and refinance rate at 6.75%. The VA 30-year fixed rate is 7.25%. Adjustable rates include 5-year ARMs at 5.25% and 7-year ARMs at 5.5%, all unchanged from recent weeks. Affinity offers a 15-year conventional fixed rate today at 5.375%, down 13 bp from last week but up 13 bp from a month ago. Their 30-year conventional fixed rate is 6.0%, also down 13 bp from last week and up 13 bp from a month ago. FHA fixed rates are 5.625% for 3-year, 5.75% for 5-year, and 6.0% for 7-year terms, each down 13 bp from last week and up 13 bp from a month ago.

Nuvision offers a 15-year Conventional Fixed rate at 5.375%, unchanged from a week ago but down 13 bp from a month ago. Their 30-year Conventional Fixed rate holds steady at 6.25%. The 30-year VA Fixed rate dropped 13 bp over the past week to 5.875%. Jumbo 30-year Fixed loans are at 6.125%, up 13 bp from a month ago. The 5-year Adjustable rate remains at 5.25%, and the 7-year Adjustable is steady at 5.5%. The Golden 1 offers a 15-year Conventional Fixed at 5.5% and a 30-year Conventional Fixed at 6.25%, both unchanged from last week. Their 30-year FHA Fixed is 6.125%, up 13 bp from seven days ago. Adjustable rates include a 5-year ARM at 5.75%, up 25 bp, a 7-year ARM at 5.875%, up 38 bp, and a 10-year ARM at 6.0%, up 25 bp.

Consumers offers a 15-year conventional fixed rate at 5.5% and a 30-year conventional fixed rate at 6.75%, both unchanged this week. Jumbo loans have a 30-year fixed rate at 6.875%. The FHA 5-year ARM is at 6.0%, down 13 bp from 30 days ago. Sandia Laboratory offers a 15-year conventional fixed rate at 5.75% and a 30-year conventional fixed rate at 6.25%, both unchanged from three weeks ago. Their 5-year ARM is at 5.5%, down 25 bp from 30 days ago, and the 7-year ARM is 6.375%, also down 25 bp over the same period. Rates have held steady this week with some easing in ARMs over the past month.

Northrop Grumman offers adjustable-rate mortgages with 3-year today at 5.5%, 5-year at 5.625%, and 7-year at 6.125%. These rates have held steady over the past week and month.