Mortgage Loans in Spokane, WA

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:

Spokane Teachers offers a 15-year Conventional fixed rate today at 6.375%, up 38 bp from a week ago and 50 bp higher than a month ago. Their 30-year Conventional fixed rate is 7.0%, also up 38 bp in the past week and 63 bp over 30 days. The 30-year FHA fixed rate is 6.625%, rising 38 bp in the last week and 50 bp in 30 days. The 30-year VA fixed rate stands at 6.75%, up 38 bp this week and 50 bp over the month. The 30-year Jumbo fixed rate is 7.0%, increasing 38 bp in seven days and 63 bp in 30 days. The 5-year Adjustable Conventional rate is 6.125%, up 13 bp this week but down 13 bp over the last 30 days. The 7-year Adjustable Conventional rate is 6.5%, up 25 bp in the past week.

American Airlines offers a 15-year conventional fixed rate at 6.21% and a 30-year conventional fixed rate at 6.583% today. Their 5-year adjustable rate stands at 6.533%. Rates have held steady over the past week and month. Meriwest offers both 15-year and 30-year conventional fixed loans today at 6.25%. The 30-year fixed rate dropped by 13 bp since last week, now at 6.25%. The 15-year fixed rate has stayed steady at 6.25%. America First shows a 15-year conventional fixed rate at 6.375%, up 25 bp from last week and 63 bp higher than a month ago. Their 30-year conventional fixed rate is 6.875%, unchanged from last week but up 38 bp from a month ago. FHA 30-year fixed is 6.5%, up 13 bp from last week and 50 bp from a month ago. VA 30-year fixed stands at 6.625%, up 13 bp this week and 50 bp over 30 days.

Baxter offers a 15-year conventional fixed rate today at 6.25%, up 25 bp from last week and 63 bp from a month ago. Their 30-year conventional fixed rate is 6.875%, up 25 bp from last week and 50 bp from a month ago. The 30-year jumbo fixed rate is also 6.875%, up 63 bp from both last week and a month ago. For adjustable rates, the 5-year ARM is at 5.625%, up 25 bp from last week and 38 bp from a month ago.

State Department offers a 15-year Conventional Fixed at 6.125% today, up 25 bp from last week and 50 bp from 30 days ago. Their 30-year Conventional Fixed is 6.75%, rising 25 bp in the past week and 38 bp over 30 days. The 15-year Adjustable Fixed is 6.0%, up 13 bp in the last week and 13 bp over 30 days. The 7-year Adjustable Fixed stands at 6.375%, increasing 25 bp in the past week and month. The 10-year Adjustable Fixed is 6.5%, with a 25 bp rise over 30 days. The Jumbo 30-year Fixed is 7.5%, climbing 75 bp this week and month.

Nasa offers a 15-year conventional fixed at 6.375%, up 38 bp from a week ago and 63 bp higher than a month ago. Their 30-year conventional fixed is 6.875%, also up 38 bp in the past week and 50 bp over 30 days. FHA 30-year fixed loans are at 6.625%, rising 25 bp in the last week and 50 bp in the last month. VA 30-year fixed stands at 6.5%, up 38 bp from last week and 63 bp from 30 days ago. Jumbo 30-year fixed loans are 6.875%, with a 25 bp increase in the past week and 50 bp over the month. Numerica shows a 15-year conventional fixed rate today at 6.375%, up 25 bp from last week and 25 bp from a month ago. Their 30-year conventional fixed rate is 7.0%, also up 25 bp from last week and 38 bp from a month ago. The jumbo 30-year fixed rate is 7.75%, up 13 bp from both last week and a month ago.

Potlatch No. 1 Financial offers a 15-year conventional fixed rate at 6.375% and a 30-year conventional fixed rate at 7.0%, both up 38 bp from a week ago. Their 15-year conventional refinance is 6.375%, up 25 bp, and the 30-year conventional refinance is 7.0%, up 25 bp. FHA and VA 30-year fixed rates are 6.375%, also up 38 bp from last week. Jumbo 30-year fixed loans are at 7.0%, up 38 bp.

Whatcom Educational shows a 15-year Conventional Fixed rate today at 6.375%, up 13 bp from last week and 50 bp higher than a month ago. The 30-year Conventional Fixed is 7.0%, steady from last week but 38 bp higher than 30 days ago. The 30-year VA Fixed is 6.75%, unchanged from last week but up 50 bp over the past month. The 30-year Jumbo Fixed is 7.0%, steady from last week and 38 bp higher than a month ago. The 7-year ARM is 6.75%, up 38 bp from last week and 88 bp higher than 30 days ago.