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 are steady today at 4.375%, 4.5%, and 4.75%, each down 100 bp from 30 days ago.
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.
Nuvision offers a 15-year Conventional Fixed rate today at 5.0%, down 13 bp from last week. Their 30-year Conventional Fixed holds steady at 5.875%. FHA and VA 30-year Fixed loans are both at 5.625%, up 13 bp from last week. Jumbo 30-year Fixed loans remain at 5.875%. The 5-year ARM is at 4.875%, unchanged from last week. Affinity Plus offers a 30-year Conventional Fixed at 6.0% and a 15-year Conventional Fixed at 5.5%, with the 15-year rate up 25 bp over the past week. The 30-year Conventional Fixed and Jumbo Fixed rates are both at 6.0%, with the 30-year rate down 38 bp from a month ago. Adjustable 5-year and 7-year ARMs are at 4.875% and 5.125%, respectively, each down 25 bp over the last 30 days.
Digital offers a 15-year conventional fixed rate at 5.375%, unchanged from last week but up 25 bp from a month ago. Their 30-year conventional fixed and 30-year conventional refinance rates are both at 6.0%, down 13 bp from a week ago. The 15-year conventional refinance rate is 5.25%, down 13 bp from last week but up 13 bp from a month ago. The 30-year jumbo fixed is also at 6.0%.
Delta Community offers a 15-year conventional fixed rate today at 5.0%, down 13 bp from last week and 50 bp from last month. Their 30-year conventional fixed rate is 5.5%, also down 13 bp from last week and 25 bp from last month. The 15-year conventional refinance rate matches the purchase rate at 5.0%, and the 30-year conventional refinance rate is 5.5%. Jumbo 30-year fixed loans are priced today at 5.625%, down 13 bp from last week and 38 bp from last month.
California Coast shows a 15-year conventional fixed rate today at 5.5%, down 13 bp from a week ago. The 30-year conventional fixed rate is steady at 6.375%. Jumbo 30-year fixed loans match the conventional 30-year fixed at 6.375%, up 25 bp from 30 days ago. Adjustable 5-year ARMs are at 5.5%, down 100 bp from 30 days ago, while 7-year ARMs are 6.0%, down 88 bp over the same period. 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.
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.
Altura offers a 15-year conventional fixed rate at 5.25%, unchanged from last week but up 26 bp from two weeks ago. Their 30-year conventional fixed rate is 5.875%, down 12 bp from last week and 25 bp from a month ago. The 30-year FHA fixed rate holds steady at 6.625%. Jumbo 30-year fixed loans are at 6.0%, unchanged from last week but up 25 bp from two weeks ago and down 13 bp from a month ago. The 5-year adjustable conventional rate is 5.875%, up 13 bp from two weeks ago. The 7-year adjustable conventional rate is 6.0%, up 25 bp from two weeks ago.