Mortgage Loans

Federal Funds Rate - Trends & Analysis:

Today’s Fed Funds Effective Rate is 3.75%, unchanged from 1, 7, 30, 60, 90, and 180 days ago. It is lower than one year ago and two years ago. When the Fed Funds rate is higher, it can increase mortgage rates as borrowing costs rise for lenders.

Credit Union Loan Rates - Trends & Analysis:

Fivepoint offers a 15-year fixed mortgage at 5.5% and a 30-year fixed at 6.0%, both unchanged from recent weeks. These steady rates provide clear options for borrowers looking for fixed terms. Nesc Credit Union offers a 15-year conventional fixed rate at 5.5% and a 30-year conventional fixed rate at 6.0%, both unchanged from recent weeks. They also have a 5-year ARM at 5.5% today. These rates have stayed steady over the past month. 1St Advantage offers a 15-year Conventional Fixed rate at 5.75% and a 30-year Conventional Fixed rate at 6.125%, which is up 13 bp from last week. Their 15-year Conventional ARM is also 5.75%, while the 30-year Conventional ARM is 5.99%. The 5-year Adjustable rate is 5.875%, up 13 bp from 30 days ago.

America'S First offers a 15-year conventional fixed at 5.5% and a 30-year conventional fixed at 6.25% today. The 30-year fixed rate is unchanged from a week ago but up 50 bp from 30 days prior. Adjustable 5-year and 7-year ARMs are at 4.75% and 5.0%, respectively, both up 25 bp from 30 days ago. Neches offers a 15-year fixed rate at 5.5% and a 30-year fixed rate at 6.25%, both unchanged from recent weeks. The same rates apply for conventional and refinance loans. If you want a steady payment, these rates are stable options today.

Space Coast offers a 15-year Conventional Fixed at 5.625% today, up 13 bp from last week. Their 30-year Conventional Fixed is 6.375%, also up 13 bp over seven days. The 15-year Conventional Refinance rate is 5.75%, and the 30-year Conventional Refinance is 6.5%, both up 13 bp. FHA and VA 30-year Fixed rates stand at 6.625%, with Jumbo 30-year Fixed at 6.5%, each up 13 bp from a week ago. Barksdale offers a 15-year fixed rate at 5.5% and a 30-year fixed rate at 6.5%, both unchanged from last week and last month.

Los Angeles shows a 15-year Conventional Fixed rate today at 6.125%, unchanged from last week but up 13 bp from a month ago. The 30-year Conventional Fixed rate is 6.5%, also steady over the past week but up 13 bp over 30 days. The 30-year Jumbo Fixed rate is 7.0%, down 25 bp from a month ago. FHA 3-year ARM is 5.5%, down 50 bp from last week. The 5-, 7-, and 10-year ARMs range from 6.0% to 6.375%, with the 5- and 7-year up 13 bp from a month ago. Rockland offers a 15-year Conventional fixed rate at 6.125% and a 30-year Conventional fixed rate at 6.5%, both unchanged from a week ago. Their Jumbo 30-year fixed rate is 6.375%, steady as well. Adjustable 5-year and 7-year ARMs are at 5.5% and 5.625%, each down 13 bp from a month ago. The 10-year ARM holds steady at 6.375%.

City & County shows a 15-year conventional fixed rate today at 6.0%, up 13 bp from last week and 25 bp from a month ago. Their 30-year conventional fixed rate is 6.625%, also up 13 bp over seven days and 25 bp over 30 days. For adjustable rates, the 5-year ARM is at 5.5%, rising 13 bp in the past week and 25 bp in the last month, while the 7-year ARM is 5.75%, with the same weekly and monthly increases. The 10-year ARM stands at 6.0%, up 13 bp this week and 25 bp since a month ago.