Mortgage Loans in Turlock, CA

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 4.00%. This is higher than the rate 7 days ago, which was 3.75%. When the Fed Funds rate rises, it can put upward pressure on mortgage rates, making borrowing costs higher for homebuyers.

Credit Union Loan Rates - Trends & Analysis:

Affinity Plus offers a 15-year Conventional Fixed rate at 6.5% today, up 13 bp from a week ago and 38 bp over the past 30 days. The 30-year Conventional Fixed and Jumbo Fixed rates are both 7.0%, each up 13 bp from last week and 25 bp over 30 days. The VA 30-year Fixed rate is 7.625%, unchanged from a week ago but up 38 bp over 30 days. Adjustable-rate 5-year and 7-year ARMs hold steady at 5.25% and 5.5%. Delta Community offers a 15-year conventional rate today at 5.625%, up 13 bp from a week ago. Their 30-year conventional rate is 6.5%, which is 25 bp higher than last week. Both rates have risen since two weeks ago.

First Entertainment offers a 15-year conventional fixed rate today at 6.625%, up 25 bp from last week, and a 30-year conventional fixed at 7.0%, up 13 bp. Their 15-year conventional refinance is 6.5%, up 13 bp, while the 30-year conventional refinance stays at 6.875%. Jumbo 30-year fixed loans are at 7.0%, up 13 bp. Adjustable rates include a 3-year ARM at 6.375% and a 5-year ARM at 6.5%, both up 38 bp. The 7-year ARM remains steady at 5.875%, and the 10-year ARM is 6.875%, up 38 bp.

Navy Federal Credit Union offers a 15-year Conventional Fixed rate at 6.0% and a 30-year Conventional Fixed rate at 6.625% today. The VA 30-year Fixed rate is 6.25%, up 50 bp over the past 30 days. FHA loans include a 3-year ARM at 5.625% and a 5-year ARM at 5.875%, both up 25 bp from a week ago. Jumbo 30-year Fixed loans are at 6.875%, up 38 bp in the last week. Patelco offers a 15-year conventional fixed rate at 6.5% and a 30-year conventional fixed rate at 7.0%, unchanged from a week ago. Their 15-year conventional refinance rate is 6.625%, up 25 bp from last week, while the 30-year conventional refinance rate is 7.0%, up 13 bp. Adjustable rates include a 5-year ARM at 5.75%, steady from last week, and a 10-year ARM at 6.125%, also unchanged. The jumbo 30-year fixed rate is 7.0%, steady from last week.

Schoolsfirst offers a 15-year conventional fixed rate at 5.875% and a 30-year conventional fixed at 6.625%, both unchanged from a week ago. Their 15-year conventional refinance rate rose by 13 bp to 6.0%, while the 30-year conventional refinance climbed 13 bp to 6.75%. FHA and jumbo 30-year fixed rates hold steady at 6.625%. The Golden 1 offers a 15-year conventional fixed at 6.0% today, up 38 bp from last week, and a 30-year conventional fixed at 6.75%, also up 38 bp. Their 30-year conventional refinance is 7.0%, up 25 bp. FHA 30-year fixed is 6.49%, up 12 bp. Jumbo 30-year fixed is 6.375%. Adjustable-rate 5- and 7-year terms are both 5.75%, with the 5-year down 13 bp and the 7-year down 25 bp from last week. The 10-year adjustable is 6.0%, down 13 bp.

Dupaco Community offers a 15-year conventional fixed rate at 6.5%, up 12 bp from a week ago and 50 bp from a month ago. Their 30-year conventional fixed rate is 6.75%, unchanged from last week but 38 bp higher than 30 days ago. Both 15- and 30-year rates have the same values for conventional and refinance options. Digital shows a 15-year Conventional Fixed rate today at 6.75%, up 13 bp from last week and 63 bp higher than a month ago. The 30-year Conventional Fixed rate is 7.375%, unchanged from last week but 38 bp higher than 30 days ago. The 30-year Conventional ARM is also 7.375%, steady over the past week and up 25 bp from a month ago. The 30-year Jumbo Fixed rate is 7.25%, steady week-over-week and 38 bp higher than 30 days prior.

Safe offers a 30-year conventional fixed mortgage at 6.63% today. This rate is up 13 bp from last week and 38 bp higher than a month ago.