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 last week but down 63 bp from a month ago. FHA fixed rates for 3-, 5-, and 7-year terms hold steady at 4.375%, 4.5%, and 4.75%, respectively, each down 100 bp from a month ago. Baxter offers a 15-year Conventional Fixed at 5.125%, down 13 bp from a week ago, and a 30-year Conventional Fixed at 5.875%, also down 13 bp over seven days and 38 bp over 30 days. Their 30-year Jumbo Fixed is steady at 5.875% today, up 25 bp from 30 days ago. The 5-year ARM sits at 4.75%, down 25 bp from 30 days prior.
Nuvision offers a 15-year Conventional Fixed at 5.0%, down 13 bp from a week ago, and a 30-year Conventional Fixed at 5.875%, also down 13 bp over seven days and 25 bp over 30 days. Their 30-year FHA Fixed and VA Fixed rates are both at 5.5%, each down 13 bp from last week. The 30-year Jumbo Fixed is 5.75%, down 13 bp from seven days ago and 25 bp over 30 days. For adjustable rates, the 5-year ARM is 4.75%, down 13 bp this week, and the 7-year ARM is 4.875%, also down 13 bp over seven days.
Navy Federal Credit Union offers a 15-year conventional fixed rate at 4.875%, down 13 bp from a week ago. Their 30-year conventional fixed rate is 5.625%, also down 13 bp over the past week. The 15-year conventional refinance rate is 4.875%, down 13 bp, while the 30-year conventional refinance rate is 5.625%, down 13 bp from last week. The 30-year VA fixed rate stands at 5.375%, unchanged from a week ago but up 13 bp from 15 days prior. The 30-year jumbo fixed rate is 5.875%, down 13 bp in the past week. FHA 3-year and 5-year ARM rates are 5.0% and 5.25%, respectively, with a 13 bp drop over 30 days.
Affinity Plus offers a 30-year conventional fixed rate at 6.0%, unchanged from a week ago but down 50 bp from a month earlier. The 30-year conventional refinance rate is also 6.0%, down 38 bp over 30 days. Their 15-year conventional refinance rate is 5.5%, down 25 bp in the past month. VA 30-year purchase loans are at 6.625%, down 25 bp from 30 days ago. Adjustable 5-year ARMs stand at 4.875%, down 38 bp over 30 days. Digital offers a 15-year Conventional Fixed rate at 5.25%, down 13 bp from last week, and a 30-year Conventional Fixed rate at 6.00%, also down 13 bp over the same period. The 15-year Conventional Fixed rate is up 13 bp compared to a month ago, while the 30-year rate is unchanged over 30 days. Jumbo 30-year Fixed loans are at 6.00% today.
California Coast offers a 15-year Conventional Fixed at 5.5%, down 13 bp from last week, and a 30-year Conventional Fixed at 6.125%, down 25 bp over the same period. The Jumbo 30-year Fixed matches the Conventional 30-year at 6.125%, also down 25 bp. Adjustable rates include a 5-year ARM at 5.5%, which dropped 100 bp in the past month, and a 7-year ARM at 6.0%, down 88 bp over 30 days. Certified offers a 15-year fixed conventional loan at 5.125% today, down 38 bp from last week. Their 30-year fixed conventional and jumbo loans are both at 5.875%, also down 38 bp over the past 7 days. Rates have improved this week across these options.
Connexus offers a 15-year conventional fixed rate at 5.125%, down 13 bp from last week, and a 30-year conventional fixed at 5.875%. Their 15-year conventional refinance is 5.75%, also down 13 bp, while the 30-year conventional refinance is 6.375%, down 13 bp from last week but up 25 bp from a month ago. The 3-year ARM fixed rate stands at 5.25%, down 50 bp from both last week and a month ago. Schoolsfirst offers a 15-year Conventional Fixed rate at 5.125% and a 30-year Conventional Fixed rate at 6.0%. The 30-year Conventional Fixed rate is down 13 bp from 30 days ago. Their 15-year Conventional and 30-year Conventional rates for refinances match purchase rates. The 30-year FHA Fixed rate is also 6.0%, unchanged from a week ago. A Jumbo 30-year purchase rate is 6.125%, up 13 bp from last week but down 13 bp from 30 days ago.