Mortgage Loans in Oxnard, CA

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%, the same as 7, 30, 60, and 90 days ago. The rate is lower than it was one year ago at 4.50%. When the Fed Funds rate is higher, mortgage rates often face upward pressure because lenders’ costs increase.

Credit Union Loan Rates - Trends & Analysis:

Affinity Plus offers a 30-year Conventional fixed rate at 6.875% today, up 13 bp from last week. The 15-year Conventional fixed rate is 6.375%, up 25 bp. Jumbo 30-year fixed loans are also 6.875%, up 13 bp. VA 30-year fixed loans stand at 7.625%, up 38 bp. Adjustable-rate 5- and 7-year loans remain steady at 5.25% and 5.5%, respectively. Delta Community offers a 15-year FHA loan at 5.5% and a 30-year FHA loan at 6.25%, both unchanged from a week ago. These rates have held steady since early August. If you are considering FHA loans, these rates provide a clear snapshot of current costs.

Navy Federal Credit Union has a 15-year conventional fixed rate today at 5.625% and a 30-year conventional fixed rate at 6.25%. The 15-year conventional fixed rate is steady from a week ago but up 13 bp from a month ago. The 30-year conventional fixed rate also holds steady from last week but rose 13 bp over 30 days. The 15-year conventional refinance rate is 5.625%, unchanged from last week but up 25 bp from a month ago, while the 30-year conventional refinance rate is 6.25%, steady from last week but up 50 bp from 30 days ago. The 30-year VA fixed rate is 5.875%, up 13 bp from two weeks ago. The 30-year jumbo fixed rate is 6.5%, unchanged from last week but up 13 bp from a month ago. The 3-year ARM is at 5.375%, steady from last week but up 13 bp from 30 days ago, and the 5-year ARM is at 5.625%, also steady from last week but up 13 bp from a month ago.

Schoolsfirst offers a 15-year Conventional Fixed rate today at 5.875%, up 25 bp from a week ago. Their 30-year Conventional Fixed and FHA Fixed rates are both 6.625%, also up 25 bp from last week. The 15-year Conventional Refinanced loan is 5.875%, rising 13 bp in the past week, while the 30-year Conventional Refinanced loan is 6.625%, up 13 bp. The Jumbo 30-year Fixed rate matches the 30-year Conventional Fixed at 6.625%, up 25 bp from last week.

First Entertainment offers a 15-year Conventional Fixed rate at 6.25%, up 13 bp from a week ago and 25 bp higher than a month ago. Their 30-year Conventional Fixed and Jumbo Fixed rates hold steady at 6.625%, with a 30-day increase of 13 bp. FHA 3-year and 5-year ARMs are at 6.0% and 6.125%, respectively, with a 30-day rise of 13 bp. The 7-year ARM stays at 5.875%. The 10-year ARM is 6.5%, up 13 bp over 30 days. Dupaco Community offers a 15-year conventional fixed rate at 6.125% today, unchanged from a week ago but up 13 bp from 30 days prior. Their 30-year conventional fixed rate is 6.375%, down 13 bp from last week and steady over the past month. The 15-year and 30-year conventional refinance rates are 6.125% and 6.5%, respectively, with the 30-year refinance up 13 bp from 30 days ago.

America First shows a 15-year conventional fixed rate at 6.125%, up 25 bp from a week ago. Their 30-year conventional fixed is 6.75%, also up 25 bp in the last 7 days. FHA 30-year fixed is 6.375%, rising 13 bp this week. VA 30-year fixed stands at 6.5%, up 13 bp from last week. The 30-year conventional refinance rate is 6.875%, up 25 bp compared to seven days ago. Patelco offers a 15-year conventional fixed rate at 6.125% and a 30-year conventional fixed at 6.625%, both unchanged from a week ago. Their 15-year conventional refinance is 6.375%, up 13 bp from last week, while the 30-year conventional refinance is 6.875%, up 13 bp. Adjustable-rate 5- and 7-year ARMs are steady today at 5.625%. The 10-year ARM is 6.0%, up 13 bp from seven days ago. The jumbo 30-year fixed rate is steady at 6.875%.

Digital shows a 15-year Conventional Fixed rate today at 6.375%, unchanged from last week but up 50 bp from a month ago. The 30-year Conventional Fixed rate is steady at 7.0%, with a 30 bp increase over the past month. For 15-year Conventional ARM, the rate is 6.5%, up 13 bp from last week and 63 bp from a month ago. The 30-year Conventional ARM rate rose to 7.375%, 38 bp higher than last week and 88 bp above the rate from a month ago.

Pentagon shows a 30-year Conventional Fixed rate today at 6.5%, up 25 bp from a week ago. Their 30-year Conventional Refinance rate is 6.625%, rising 25 bp in seven days and 38 bp over 30 days. FHA 30-year Fixed is 6.0%, up 25 bp in a week and 38 bp in 30 days. VA 30-year Fixed stands at 6.125%, increasing 38 bp in seven days and 50 bp in 30 days. Jumbo 30-year Fixed is 6.375%, up 13 bp in the past week.