Mortgage Loans in Oak Harbor, WA

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:

Baxter offers a 15-year Conventional Fixed at 6.0%, up 13 bp from last week and 25 bp from 30 days ago. Their 30-year Conventional Fixed is steady at 6.625%, unchanged from last week but up 13 bp from 30 days ago. The 15-year Adjustable Fixed is 5.375%, up 13 bp from 30 days ago. The Jumbo 30-year Fixed remains steady at 6.25%. Potlatch No. 1 Financial offers a 15-year conventional fixed rate at 6.0%, up 13 bp from last week, and a 30-year conventional fixed at 6.625%, also up 13 bp. The 15-year conventional refinance is 6.125%, rising 13 bp, while the 30-year conventional refinance is 6.75%, up 13 bp. FHA and VA 30-year fixed rates are both at 5.99%, increasing 12 bp from last week. Jumbo 30-year fixed is 6.625%, up 13 bp.

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. Onpoint Community offers a 15-year Conventional Fixed at 6.25%, up 25 bp from last week. Their 30-year Conventional Fixed and 30-year Conventional Refinance rates are both 6.75%, up 13 bp from a week ago and 25 bp from a month ago. The 30-year FHA Fixed and VA Fixed rates are 6.625%, also up 13 bp from last week. The 30-year Jumbo Fixed is 6.75%, up 13 bp from last week. The 5-year ARM Conventional Fixed is 6.75%, up 13 bp from last week.

Credit Human offers a 15-year fixed rate today at 6.1%, up 17 bp from 30 days ago. Their 30-year fixed rate is 6.55%, an increase of 13 bp over the past month. Both rates have risen slightly since early August. Connexus offers a 15-year conventional fixed rate today at 6.125%, up 25 bp from last week and 50 bp from a month ago. The 30-year conventional fixed rate is 6.75%, rising 25 bp in the past week and 38 bp over 30 days. Adjustable rates include a 3-year ARM at 4.99%, a 5-year ARM at 5.375%, and a 7-year ARM at 5.625%, all unchanged recently.

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. State Department shows a 15-year Conventional Fixed rate today at 6.0%, up 13 bp from last week. The 30-year Conventional Fixed rate is 6.625%, rising 25 bp in the past 7 days. The 15-year Adjustable FHA rate is 6.0%, increasing 13 bp over the week, while the 30-year Jumbo Fixed rate is 7.0%, up 38 bp from last week.

Spokane Teachers offers a 15-year Conventional Fixed rate at 6.125%, up 13 bp from last week, and a 30-year Conventional Fixed at 6.875%, up 25 bp. Their 30-year FHA Fixed is 6.375%, also up 13 bp. The 30-year VA Fixed stands at 6.5%, up 13 bp. The 5-year ARM is at 6.0%, down 50 bp from last week, while the 7-year ARM is 6.25% today. 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.