Credit Union Mortgage Rates
For many people, the credit union is the only place they’ll do their financial business. Mortgages, especially, are popular through credit unions now after all of the scandals of last year. Current credit union mortgage rates are extremely competitive with the big banks and many national credit union rates are even better than banks.
Let’s look at what some of the mortgage rates at credit unions nationally are doing right now.
30 Year Fixed Rate Mortgage
These rates are the current offers and represent the best offers these unions are giving. They are for illustration, of course, since offers may change by geography, your situation, or the home you’re buying.
Pentagon Federal Credit Union has a 4.875% interest (4.982% APR) rate right now with 1.0 origin points and a 60 day lock in period.
Navy Federal Credit Union has a 5.0% interest (5.332% APR) offer with a 60 day lock in available.
Both Teachers and Texans Credit Unions have a 5.125% interest offer with 1 origin point and a 30 day lock in. Those are good credit union rates.
Several other credit unions such as Lockheed Federal, Eastern Financial Florida, Digital Federal, American Airlines Federal, and DFCU Financial all have a 5.25% interest offer with lock in rates of 45-60 days, depending on the union. Those are good credit union mortgage rates offers.
All of the banks we’ve listed are insured by the FCUA and NCUA. These rates could change, but right now, mortgage rates at credit unions are doing very well in a very buyers-oriented market.
Random Posts
Comments
Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
