Mortgage Loans in Half Moon Bay, 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:

Navy Federal Credit Union has a 15-year Conventional fixed rate today at 5.625%, up 13 bp from last week. The 30-year Conventional fixed rate is 6.25%, also up 13 bp over seven days. Their 15-year Conventional refinance rate is 5.625%, rising 13 bp in the past week. The 30-year Conventional refinance rate is 6.25%, up 13 bp from last week. The 30-year VA fixed rate holds steady at 5.75%. The 30-year Jumbo fixed rate is 6.5%, up 13 bp in seven days. Connexus offers a 15-year conventional fixed rate today at 5.625% and a 30-year conventional fixed rate at 6.375%. Their FHA 3-year ARM is at 4.99%, the 5-year ARM is 5.375%, and the 7-year ARM is 5.625%. These rates have held steady compared to recent data.

America First offers 15-year and 30-year Conventional Fixed loans at 5.75% and 6.5%, respectively. Their 30-year FHA Fixed rate is 6.0%, down 13 bp from a week ago. The 30-year VA Fixed rate is 6.125%, also down 13 bp over the past week. Rates have been steady for Conventional loans this month. Skyla offers a 15-year conventional fixed rate at 5.75% and a 30-year conventional fixed rate at 6.35%, with the 30-year rate up 15 bp from 30 days ago. Their 7-year ARM is at 5.75%, also up 15 bp from 30 days ago.

Altura offers a 15-year conventional fixed rate at 5.75%, unchanged from a week ago but down 13 bp from a month ago. Their 30-year conventional fixed rate is 6.5%, also steady over the past week and down 13 bp from 30 days prior. The FHA 30-year fixed rate holds at 6.99%. Adjustable rates include a 5-year ARM at 6.125%, down 25 bp from last week, and a 7-year ARM at 6.125%, down 13 bp in the same period. 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.

Los Angeles shows a 15-year conventional fixed rate at 6.125%, unchanged from last week but up 25 bp from a month ago. The 30-year conventional fixed rate is 6.5%, steady over the past week and 25 bp higher than 30 days ago. Jumbo 30-year fixed loans are at 7.0%, down 25 bp from last week but up 25 bp from a month ago. FHA 3-year ARMs are at 6.0%, up 75 bp from 30 days ago. FHA 5-year ARMs and 7-year ARMs both hold at 6.0% and 6.25%, respectively, with small increases over the past month. The 10-year ARM is 6.375%, also up 25 bp from 30 days ago.

Orange County'S shows a 15-year Conventional Fixed rate today at 5.75%, down 13 bp from a week ago. The 30-year Conventional Fixed rate holds steady at 6.5%. For Adjustable rates, the 5-year ARM is at 5.375%, down 25 bp from last week, while the 7-year and 10-year ARMs are at 6.0%, each down 25 bp from a week ago. Pacific Service offers a 15-year conventional fixed rate at 5.5% and a 30-year conventional fixed at 6.25%, both unchanged from last week but up 13 bp from a month ago. Their 30-year FHA fixed is 6.0%, also steady week to week but up 13 bp over 30 days. The 30-year jumbo fixed rate is 6.125%, with the same pattern of no weekly change and a 13 bp rise over the month. The 5-year ARM fixed stands at 5.75%, unchanged over both periods.

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.