Mortgage Loans in El Cajon, CA

Today’s Fed Funds Effective Rate is 4.25%. This is lower than 30 days ago when it was 4.50%. Changes in the Fed Funds rate influence mortgage rates because they affect the cost for banks to borrow money, which can impact loan interest rates for consumers.

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 30 days prior. Their adjustable rates for 3-, 5-, and 7-year terms remain steady at 4.375%, 4.5%, and 4.75%, respectively. The 30-year fixed rate today is 5.75%, and the 15-year fixed is 5.125%. Nuvision offers a 15-year Conventional Fixed at 5.0% and a 30-year Conventional Fixed at 5.875%. Their 30-year FHA Fixed is today 5.5%, unchanged from a week ago. The 30-year VA Fixed is also 5.5%. Jumbo 30-year Fixed is 5.875%, up 13 bp from last week. Adjustable-rate 5-year and 7-year terms are at 4.75% and 4.875%, respectively.

Baxter offers a 15-year Conventional Fixed at 5.125% and a 30-year Conventional Fixed at 6.0%, with the 30-year rate up 13 bp from last week. They also have a 30-year Jumbo Fixed at 5.875%, which rose 25 bp over the past month. Additionally, the 5-year Adjustable sits at 4.75%, down 13 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.

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 steady at 5.5%. VA and Jumbo 30-year fixed loans are also at 6.0%, with the Jumbo rate down 13 bp from a month ago. Adjustable 5-year ARMs hold at 4.875%, and 7-year ARMs are at 5.125%. Digital shows a 15-year Conventional Fixed rate today at 5.375%, up 13 bp from a week ago and 25 bp higher than 30 days ago. The 30-year Conventional Fixed rate is steady at 6.0%. The 30-year Conventional ARM rate is 6.0%, down 13 bp from 15 days ago. The Jumbo 30-year Fixed rate remains at 6.0%.

California Coast offers a 15-year conventional fixed rate today at 5.5%, unchanged from a week ago but up 13 bp from 30 days prior. The 30-year conventional fixed rate is 6.125%, steady from a week ago. Jumbo 30-year fixed loans are also at 6.125%, with a 25 bp drop from 15 days ago. Adjustable 5-year fixed loans hold at 5.5%, down 100 bp from 30 days ago, and adjustable 7-year fixed loans are 6.0%, down 88 bp over the same period. Delta Community offers a 15-year conventional fixed rate at 5.0%, down 25 bp from a month ago, and a 30-year conventional fixed rate at 5.5%, down 13 bp over the same period. Their 30-year jumbo fixed rate is steady today at 5.625%, down 25 bp from 30 days ago. The 15-year conventional fixed rate has held steady over the past week.

Altura offers a 15-year Conventional Fixed at 5.125%, down 13 bp from last week, and a 30-year Conventional Fixed at 5.875%. The 30-year FHA Fixed stays steady at 6.625%. Jumbo 30-year Fixed is 5.875%, down 13 bp from last week. Adjustable 5-year and 7-year terms hold at 5.875% and 5.875%, with the 7-year up 13 bp from a month ago. Certified shows a 15-year fixed Conventional rate today at 5.125%, down 38 bp from 30 days ago. The 30-year fixed Conventional and Jumbo rates are both 5.875%, also down 38 bp over the past month. These rates have held steady compared to last week.