Credit Union Loan Rates - Trends & Analysis:
Affinity offers a 15-year conventional fixed rate at 5.125% and a 30-year conventional fixed rate at 5.75%, both unchanged from a week ago but up 13 bp from a month ago. Their 3-year ARM is steady at 4.375%, the 5-year ARM at 4.5%, and the 7-year ARM at 4.75%, all unchanged recently. The 30-year fixed rate was 5.625% a month ago, so it has risen slightly to today’s 5.75%. Baxter offers a 15-year Conventional Fixed at 5.125%, down 13 bp from a week ago, and a 30-year Conventional Fixed at 6.0%. Their 15-year Adjustable Conventional is at 4.75%, unchanged from last week but down 13 bp over the past month. The Jumbo 30-year Fixed is steady at 5.875%, up 25 bp from a month ago.
Navy Federal Credit Union offers a 15-year conventional fixed rate at 4.875% and a 30-year conventional fixed rate at 5.625%, both unchanged from a week ago. The 15-year conventional and 30-year conventional refinance rates match these fixed rates. The 30-year VA purchase rate is steady at 5.375%, while the 30-year jumbo purchase rate is 5.875%, down 13 bp from last week. FHA 3-year and 5-year ARMs are at 5.0% and 5.25%, respectively, with a slight 30-day drop of 13 bp. First Commonwealth offers a 15-year conventional fixed rate at 5.125%, down 38 bp from 30 days ago. The 30-year conventional fixed rate is steady today at 5.625%. Their 30-year FHA fixed rate is 6.0%, which is 25 bp lower than a month ago.
Affinity Plus offers a 30-year Conventional fixed rate at 6.0% today, down 13 bp from 30 days ago. The 15-year Conventional fixed rate is 5.5%. Jumbo 30-year fixed loans are also at 6.0%, down 13 bp over the past month. Adjustable 5-year ARMs hold steady at 4.875%. Digital shows a 15-year Conventional Fixed rate today at 5.375%, up 13 bp from last week and 25 bp from a month ago. The 30-year Conventional Fixed and 30-year Conventional Refinance rates hold steady at 6.0%, with the refinance rate down 13 bp from two weeks ago. The 15-year Conventional Refinance rate matches the purchase rate at 5.375%, also up 13 bp from last week and 25 bp from a month ago.
Delta Community offers a 15-year conventional fixed rate at 5.0%, unchanged from last week but down 25 bp from a month ago. Their 30-year conventional fixed rate is 5.5%, steady over the past week and 13 bp lower than 30 days ago. The 15-year and 30-year conventional refinance rates match the purchase rates at 5.0% and 5.5%, respectively. Jumbo 30-year fixed loans are priced at 5.625%, down 25 bp from a month ago. Citadel offers a 15-year conventional fixed rate at 5.25%, unchanged from a week ago but up 13 bp from 30 days prior. Their 30-year conventional fixed rate is 6.125%, up 13 bp from a week ago and also 13 bp higher than 30 days ago. Adjustable 7-year fixed rates stand at 5.75%, up 13 bp from a week ago and 30 days ago, while 10-year fixed rates are 5.875%, also up 13 bp from a week ago and 30 days ago.
Connexus shows a 15-year Conventional Fixed rate today at 5.25%, up 13 bp from a week ago. The 30-year Conventional Fixed remains steady at 5.875%. For 15-year Conventional ARM, the rate is 5.875%, also up 13 bp in the last week. The 30-year Conventional ARM is unchanged at 6.375%. FHA Adjustable rates are at 5.25% for 3 years and 5.75% for 5 years, both down about 50 bp over the past month. Polish & Slavic offers a 15-year fixed rate today at 5.5%, down 13 bp from a week ago. Their 30-year fixed rate is steady at 6.125%. They also have a 5-year ARM at 5.625% today.
Market Indicators - Data & Insights:
Today, Zillow's 30-year mortgage rate is 6.332%, while Freddie Mac's 30-year rate is 6.300%, with Zillow slightly higher. Zillow's 30-year rate is a bit lower than it was 7 days ago. These rates reflect current borrowing costs, which can influence how many people decide to buy homes or refinance their mortgages.