February 16, 2026 | Lowest Fixed Conventional Rate at 4.00% Today

As of February 16, 2026, AMERICA'S FIRST reports stable mortgage rates across key loan products. The 15-Year Fixed Rate In-House Purchase remains at a competitive 5.25%, unchanged over the past 7 and 30 days, representing the lowest rate available today. Meanwhile, the 30-Year Fixed Rate Purchase holds steady at 5.75%, showing no change week-over-week or month-over-month after a recent decline from 6.125% thirty days ago.

For members prioritizing lower monthly payments and long-term affordability, the 15-year fixed option at 5.25% offers reduced interest expense with predictable yield spreads. Conversely, buyers seeking longer amortization will find stability in the 30-year fixed product with consistent borrowing costs.

Given these steady rates, members should evaluate their mortgage strategies carefully; those eligible may consider refinancing only if projected savings exceed transaction costs. Consider fixed-rate loans for cost certainty amid market stability.

For details, visit https://www.amfirst.org/loans/home/buy-a-home/.

On February 16, 2026, the 30-year Fixed-Rate Purchase Mortgage at COAST CENTRAL stands at a competitive 4.5%, marking a substantial decrease of 200 basis points from one week ago and a moderate decline of 25 basis points compared to 30 days prior. This notable drop in rates reduces the overall cost of borrowing for homebuyers, particularly benefiting first-time purchasers seeking long-term payment stability. The yield spread compression over the past week suggests improving market conditions favoring fixed-rate products. Members considering home financing should evaluate the advantages of locking in current rates to manage payment predictability. Given these shifts, it is prudent to assess your mortgage strategy carefully; for instance, fixed-rate options may offer cost certainty amid fluctuating markets. For details, visit https://www.coastccu.org/personal/mortgage-loans/.

As of February 16, 2026, EECU's mortgage rates for 15-Year Fixed Conforming Purchase loans remain steady at 4.00%, holding firm over the past week with no change in yield spreads. Similarly, the 30-Year Fixed Conforming Purchase loan rate stands at 4.50%, unchanged from both seven and thirty days ago. These stable rates imply consistent borrowing costs for members seeking long-term financing.

For first-time buyers and those prioritizing predictable payments, the 15-year fixed option at 4.00% offers a lower rate and potentially reduced interest expense over time compared to the 30-year term. Conversely, the 30-year fixed rate at 4.50% provides more manageable monthly payments but increases total interest paid.

Members should consider their financial goals carefully; locking in a fixed-rate mortgage can mitigate interest rate risk amid market volatility. Evaluating refinancing remains prudent if potential savings exceed associated costs.

For details, visit https://eecu.org/personal-banking/mortgage-home-equity/products/buy-a-home.

On February 16, 2026, FIRST FINANCIAL OF MARYLAND reports stable mortgage rates for purchase loans. The 15-Year Land Loan holds steady at 6.00%, unchanged over the past week but down 25 basis points from 30 days ago, indicating a moderate decline in borrowing costs for shorter-term fixed financing. Similarly, the 30-Year Fixed Purchase rate remains at 5.625%, also unchanged week-over-week and lowered by 25 basis points compared to one month prior, representing the lowest rate available today.

These shifts suggest improved affordability for members seeking long-term fixed-rate mortgages or land loans, potentially benefiting first-time homebuyers prioritizing predictable payments. For those evaluating purchase options, locking in current rates could mitigate future yield spread volatility. Members should consider their financial timelines and loan terms carefully; fixed-rate products remain preferable for stability amid fluctuating markets.

For details, visit https://www.firstfinancial.org/rates/mortgage-rates/#fixed.

As of February 16, 2026, the 15 Year Fixed - Investor Purchase mortgage remains steady at a 5.375% rate with 1.75 points, unchanged over the past week and month, indicating stable borrowing costs for members seeking shorter-term fixed loans. Conversely, the 30 Year Fixed - Investor Purchase rate declined by 12.5 basis points over seven days to 5.875% with 2.25 points, maintaining its level compared to 30 days ago. This reduction in yield spread can benefit borrowers prioritizing longer-term affordability and predictable payments.

For members evaluating their options, those valuing payment stability might consider the 15-year fixed product at its lowest current rate, while prospective purchasers looking for extended terms should note the recent rate decrease on the 30-year fixed loan, potentially lowering lifetime interest expenses. Given these movements, members should analyze how term length and points impact total cost and consider refinancing if projected savings surpass associated fees.

For details, visit https://www.hificu.com/loans/loans/mortgage.

As of February 16, 2026, 15-year fixed-rate purchase loans remain at a competitive 4.875%, unchanged from last week but down significantly by 262 basis points compared to 30 days ago. This sharp yield spread reduction lowers the cost of borrowing for buyers seeking shorter-term financing. Conversely, the 30-year fixed-rate purchase loans hold steady at 5.75%, with no change over the past 7 or 30 days, indicating a stable long-term borrowing environment.

For members prioritizing payment stability and faster equity buildup, the 15-year fixed option offers notable savings due to recent rate declines. Meanwhile, those targeting longer amortization periods face consistent rates without immediate relief.

Evaluate your mortgage strategy based on term preference and refinancing costs; consider locking in fixed rates if you value predictability or explore refinancing only when potential savings outweigh associated expenses. For details, visit https://www.houstonfcu.org/resources/current-rates#MortgageLoans.

On February 16, 2026, the 30-Year Construction Fixed Purchase mortgage rate stands at 6.764%, marking a decline of 13.5 basis points from one week ago and a similar decrease compared to 30 days prior. This reduction in yield spreads translates into a modest lowering of the cost of borrowing for members pursuing construction loans. For prospective homeowners undertaking new builds, this rate adjustment may improve affordability slightly; however, rates remain elevated relative to six months ago.

Members considering construction financing should weigh the benefits of locking in fixed-rate terms amid current market volatility. Evaluating your mortgage strategy with these updated rates can help identify opportunities to optimize long-term financing costs.

For details, visit https://www.safefed.org/loans/mortgage.

As of February 16, 2026, ST. MARY'S BANK reports that the 15-year fixed-rate purchase mortgage stands at 5.875%, unchanged from one week ago but up by 50 basis points compared to 30 days prior. This increase indicates a higher cost of borrowing for members seeking shorter-term fixed loans, impacting those aiming to reduce interest expense over a shorter horizon. The 30-year fixed-rate purchase mortgage remains steady at 5.75%, showing no change over the past week or month; this stability benefits long-term borrowers prioritizing predictable payments.

Members considering new home purchases should evaluate whether locking in the lower 30-year fixed rate aligns with their financial strategy or if the slightly higher 15-year term fits their payoff goals despite recent yield spread shifts. For refinancing candidates, monitoring these trends is essential to determine if potential savings offset closing costs.

Consider fixed-rate options if you value payment consistency; review your mortgage approach to optimize borrowing costs amid evolving rates. For details, visit https://www.stmarysbank.com/rates/mortgage-rates.

As of February 16, 2026, 15-year fixed purchase loans maintain the lowest rate at 4.75% with 1.9 points, unchanged from both one week and one month ago. Similarly, 30-year fixed purchase loans hold steady at 5.50%, also with 1.9 points, showing no rate movement over the same periods. The stable yield spreads imply consistent borrowing costs for members seeking long-term financing or shorter-term commitments. First-time buyers and those prioritizing predictability may benefit from locking in these rates, while current homeowners evaluating refinancing should consider fixed-rate options to mitigate future market volatility. Given the absence of recent fluctuations, members are advised to review their mortgage strategies based on personal financial goals and cost-benefit analyses.

For details, visit https://www.vcu.com/rates#mortgage-rates.

As of February 16, 2026, mortgage rates have generally trended down. The 15-Year Fixed Rate Jumbo is now at 6.105%, down by 0.11 basis points from yesterday and 0.15 basis points over the past week. In contrast, the 30-Year Fixed Rate Jumbo stands at 6.139%, reflecting a slight decrease of 0.03 basis points since yesterday but a more notable drop of 0.18 basis points in the last month. Borrowers may benefit from these reduced rates, particularly with the 15-Year Fixed Rate Jumbo offering the lowest rate currently available. Overall, potential homeowners should evaluate these changes when considering their financing options.

Recent data shows that breakeven inflation rates for both 10-year and 5-year periods stand at 2.270% and 2.420%, respectively, indicating stable inflation expectations. However, mortgage rates have experienced significant declines, with the 30-year jumbo average rate dropping by 6.11 points in one day, and by a total of 6.34 points over the past month. These changes suggest a softer borrowing environment, which could encourage potential homeowners to consider taking advantage of the current rates. The lowest mortgage rate reported is 5.633% for the 30-year VA average rate. Borrowers should closely monitor these fluctuations as they influence overall borrowing costs and home affordability.

Sometimes, the spark for a new home comes from an open house sign on a weekend drive or a conversation with a friend about their latest move. At LendMesh, we love seeing those sparks turn into plans and, ultimately, proud homeowners. Our mission is to connect you with top banks and trusted credit unions, so you get the best rates and honest answers, no matter your stage in the process. Whether you’re mapping out your dream neighborhood or just starting to explore mortgage rates, we’re here to help with guidance you can trust. Want to see your options? Visit our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans . LendMesh believes your homebuying adventure should feel exciting—and totally possible.