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 when it was 4.50%. When the Fed Funds rate is higher, mortgage rates often face upward pressure because lenders’ borrowing costs increase.

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 days. These rates provide clear options for fixed-rate loans with steady pricing as of today. 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 a week ago. Their 15-year Conventional Refi is also 5.75%, and the 30-year Conventional Refi is steady at 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 rate at 5.5%, up 25 bp from last week, and a 30-year conventional fixed rate at 6.25%, up 50 bp. Their 5-year ARM is 4.75%, also up 25 bp, and the 7-year ARM is 5.0%, up 25 bp. 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.

Nuvision offers a 15-year conventional fixed rate at 5.5% and a 30-year conventional fixed rate at 6.375%, both up 13 bp from a week ago. Their 30-year FHA fixed rate is 6.0%, up 13 bp from last week but unchanged from a month ago. The 30-year VA fixed rate holds steady at 6.0%. Adjustable 5-year ARMs are at 5.375%, up 13 bp. The 7-year ARM is 5.625%, also up 13 bp. 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.