Mortgage Loans in Altus, OK

Today’s Fed Funds Effective Rate is 4.25%, which is lower than 30 days ago when it was 4.50%. The Fed Funds rate influences mortgage rates because it affects the cost banks pay to borrow money, which can impact the interest rates lenders offer to homebuyers.

Affinity offers a 15-year conventional fixed rate at 5.125% and a 30-year conventional fixed rate at 5.75%, both unchanged from last week but up 13 bp from a month ago. Their 3-, 5-, and 7-year adjustable rates remain steady at 4.375%, 4.5%, and 4.75%, respectively. The 30-year fixed rate is today 5.75%, while the 15-year fixed is 5.125%. Baxter offers a 15-year Conventional Fixed at 5.125%, unchanged from a week ago but up 13 bp from a month ago. Their 30-year Conventional Fixed is 5.875%, down 13 bp from last week. The Jumbo 30-year Fixed is steady at 5.875%, with a 30-day increase of 25 bp. The 5-year ARM is 4.75%, unchanged over the past month.

State Department offers a 15-year conventional fixed rate at 4.75% and a 30-year conventional fixed rate at 5.5% today. The jumbo 30-year fixed rate is 5.625%. Adjustable rates include a 5-year ARM at 5.25%, a 7-year ARM at 5.125%, and a 10-year ARM at 5.375%. Affinity Plus offers a 15-year Conventional Fixed at 5.5% and a 30-year Conventional Fixed at 6.0%, both unchanged from a week ago but down 13 bp from a month ago. The 30-year Jumbo Fixed is also 6.0%, down 13 bp over 30 days. Their 30-year VA Fixed remains steady at 6.625%. Adjustable rates include a 5-year ARM at 4.875% and a 7-year ARM at 5.125%, both steady.

Advancial offers a 15-year fixed conventional loan at 5.0% today, down 25 bp from last week but up 13 bp from a month ago. Their 30-year fixed conventional rate is steady at 5.875%. The 30-year fixed jumbo loan is 6.125%, up 13 bp from last week and the same increase over the past month. Digital offers a 15-year conventional fixed rate at 5.375% and a 30-year conventional fixed rate at 6.0%. The 30-year fixed rate is up 25 bp from a month ago but steady over the past week. The 15-year fixed rate remains unchanged from both last week and last month. Jumbo 30-year fixed loans are also at 6.0%, unchanged from last week.

Delta Community offers a 15-year conventional fixed rate at 5.0% and a 30-year conventional fixed rate at 5.5%, both unchanged from last week but down 25 and 13 bp from a month ago, respectively. The 15-year conventional fixed rate refinance is also at 5.0%. Jumbo 30-year fixed loans are priced today at 5.625%, down 13 bp from a month ago. Connexus offers a 15-year conventional fixed rate at 5.125%, down 13 bp from last week, and a 30-year conventional fixed at 5.75%, also down 13 bp. Their 15-year conventional refinance is 5.75%, unchanged from last week, while the 30-year conventional refinance dropped 25 bp to 6.125%. FHA loans include a 3-year ARM at 5.25%, unchanged, and a 5-year ARM at 5.75%, steady as well.

Nasa offers a 15-year Conventional Fixed at 5.25%, steady from last week but down 13 bp from two weeks ago. Their 30-year Conventional Fixed holds at 5.875%. FHA 30-year Fixed rose 25 bp in the past week to 6.0%. VA 30-year Fixed is today 5.625%, up 13 bp from a month ago. Jumbo 30-year Fixed dropped 13 bp in the last week to 6.5%. Consumers offers a 15-year conventional fixed rate at 5.5% and a 30-year conventional fixed at 6.25%, down 13 bp from a week ago but up 13 bp from a month ago. Consumers also has a 5-year ARM at 5.625%, down 13 bp from 30 days ago. Jumbo loans at Consumers hold steady at 6.375% for 30-year fixed.