February 23, 2026 | Lowest Fixed Conventional Rate Drops to 3.75%

As of February 23, 2026, mortgage rates for 15 Year Conforming Fixed Purchase loans remain steady at 4.5%, holding the lowest yield among available options. Similarly, 30 Year Conforming Fixed Purchase loans maintain a rate of 5.0% with no change over the past week or month. The stability in these rates indicates minimal fluctuation in borrowing costs, which benefits members seeking predictability in their long-term financial planning.

For first-time buyers prioritizing lower monthly payments, the 15-year fixed rate at 4.5% offers a cost-effective pathway to homeownership with accelerated equity build-up. Meanwhile, those requiring extended terms can consider the 30-year fixed option at 5.0% to manage cash flow without facing increased rate volatility. With no recent upward pressure on rates, members should evaluate current market conditions against personal financial goals and consider locking in fixed-rate products if stability is preferred.

Given these unchanged yields, members may assess refinancing opportunities only if projected savings outweigh associated fees and points. For details, visit https://alohapacific.com/home-mortgages/home-mortgage-rates/.

As of February 23, 2026, AMERICA'S FIRST reports stable mortgage rates for purchase loans. The 15 Yr Fixed Rate In-House remains at 5.25% with 1.0 point, unchanged over the past week and month, maintaining its position as the lowest rate option available. Meanwhile, the 30 Yr Fixed Rate holds steady at 5.75% with 1.0 point, showing no movement in the last seven or thirty days despite recent wider market fluctuations.

For members prioritizing predictability and lower yield spreads, the 15-year fixed product offers a cost-effective borrowing profile with consistent rates supporting long-term financial planning. The unchanged 30-year fixed rate may benefit buyers seeking extended amortization without immediate rate volatility.

Members should evaluate their mortgage strategy considering these stable conditions; fixed-rate options remain favorable for those valuing payment certainty. Additionally, prospective purchasers might assess if locking these rates aligns with their financial goals given minimal short-term movement.

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

As of February 23, 2026, the 30-Year Fixed Purchase Loan rate remains steady at 6.5%, showing no change over the past week but a significant increase of 175 basis points compared to 30 days ago. This rise reflects notable yield spread shifts impacting borrowing costs for new homebuyers. First-time buyers face higher monthly payments than last month, emphasizing the need to evaluate loan affordability carefully. Veterans and those considering refinancing should assess if fixed-rate stability aligns with their financial goals amid current rate volatility. Given the recent upward trend, members may benefit from analyzing fixed-rate options thoroughly and considering refinancing only when potential savings justify associated expenses. For details, visit https://www.coastccu.org/personal/mortgage-loans/.

As of February 23, 2026, 15-Year Fixed Conforming and 30-Year Fixed Conforming Purchase Loans maintain stable rates at 4.0% and 4.5% respectively. These rates show no change from both one week and one month ago, indicating steady borrowing costs for members seeking fixed-rate financing options. The unchanged yield spreads suggest consistent market conditions, offering predictability for buyers prioritizing long-term payment stability.

For first-time homebuyers or those planning to hold their mortgage long term, the 15-Year Fixed Conforming at 4.0% remains the lowest available rate today, potentially reducing total interest paid over the loan’s life. Meanwhile, the 30-Year Fixed Conforming at 4.5% provides a longer amortization period without increased short-term rate volatility.

Members should evaluate their mortgage strategies considering these flat trends; those valuing payment certainty may lean toward fixed terms, while others might assess refinancing only if projected savings clearly outweigh associated costs. For details, visit https://eecu.org/personal-banking/mortgage-home-equity/products/buy-a-home.

As of February 23, 2026, 15-Year Land Loan rates remain steady at 6.00%, unchanged over the past week but down 25 basis points from 30 days ago. Similarly, the 30-Year Fixed Purchase mortgage holds at a competitive 5.625%, also stable weekly and decreased by 25 basis points month-over-month. These reductions in yield spreads translate to modestly lower borrowing costs compared to last month, benefiting buyers seeking longer-term financing stability. First-time homebuyers and land purchasers may find value in locking fixed rates now to mitigate future market volatility. Given current trends, members should evaluate fixed-rate options for predictable payments and consider refinancing if potential savings exceed transaction costs. For details, visit https://www.firstfinancial.org/rates/mortgage-rates/#fixed.

As of February 23, 2026, 15 Year Fixed - Investor Purchase loans hold the lowest rate at 5.375% with 1.875 points, unchanged from one week ago but down 12.5 basis points compared to 30 days prior. The 30 Year Fixed - Investor Purchase loan remains steady at 5.875% with 2.125 points, also stable week-over-week yet decreased by 12.5 basis points month-over-month. These modest declines in yield spreads suggest a slight easing in borrowing costs for investors considering fixed-rate purchase mortgages. Members prioritizing predictable payments might find the 15-year option advantageous due to its lower rate and shorter term, while those seeking longer amortization can evaluate the 30-year fixed for manageable monthly commitments amid recent rate stability. Given these trends, members should assess their mortgage strategy carefully; consider fixed-rate options if stability is a priority or evaluate refinancing opportunities when potential savings surpass associated costs. For details, visit https://www.hificu.com/loans/loans/mortgage.

On February 23, 2026, HAWAIIUSA reports a modest decline in mortgage rates for purchase loans. The 15 Year Fixed Rate stands at 3.75%, down 12.5 basis points from both one week and one month ago, indicating a slight easing in borrowing costs for buyers seeking shorter-term fixed financing. Meanwhile, the 30 Year Fixed Rate has also decreased by 12.5 basis points to 4.875%, reflecting improved affordability for long-term financing commitments.

These shifts may benefit first-time homebuyers and those prioritizing predictable payments, as reduced yields narrow the cost spread on fixed-rate options. Borrowers evaluating their mortgage strategies should consider these rate adjustments carefully; locking in a fixed rate could provide stability amid minor market fluctuations.

For members weighing refinancing or new purchases, assessing current rates against personal financial goals remains essential. Consider fixed-rate options if you value payment consistency and evaluate refinancing if potential savings exceed associated costs.

For details, visit https://www.hawaiiusafcu.com/resources/planning-tools/rates-fees/mortgage-rates.

As of February 23, 2026, Houston FCU reports steady mortgage rates for purchase loans. The 15-Year Fixed Purchase rate remains at a competitive 4.875%, unchanged over the past week and notably lower by 262 basis points compared to 30 days ago, indicating a significant reduction in borrowing costs for shorter-term fixed loans. Conversely, the 30-Year Fixed Purchase rate holds steady at 5.75%, showing no movement over the past 7 or 30 days, maintaining stability for long-term financing.

For members prioritizing predictable payments and cost certainty, the 15-Year Fixed offers a lower yield spread and reduced total interest expense over time. Meanwhile, those seeking extended amortization can rely on the unchanged 30-Year Fixed rate to manage monthly cash flow without increased rates.

Members should evaluate their mortgage strategy carefully; consider fixed-rate options if stability is paramount or assess refinancing possibilities when savings exceed associated costs. For details, visit https://www.houstonfcu.org/resources/current-rates#MortgageLoans.

On February 23, 2026, the 30-Year Construction Fixed Purchase mortgage rate remains steady at 6.764%, unchanged from a week ago but down 13.5 basis points compared to 30 days prior. This decline slightly lowers borrowing costs for homebuyers undertaking construction projects, potentially improving affordability over the long term. Meanwhile, the 15-Year HELoan Fixed Purchase rate holds at 7.281%, consistent with last week’s levels and representing the lowest term-specific offering available today.

For members prioritizing rate stability, the fixed options provide predictable payment schedules amid recent market fluctuations. First-time buyers and those financing new construction may find the modest 30-day rate decrease beneficial in managing overall loan expenses. Evaluating these trends can inform decisions on mortgage selection or refinancing strategies aimed at optimizing long-term financial outcomes.

Consider fixed-rate mortgages if you prefer payment certainty; review refinancing opportunities when potential savings exceed associated costs. For details, visit https://www.safefed.org/loans/mortgage.

As of February 23, 2026, 15-Year Fixed Purchase and 30-Year Fixed Purchase mortgage rates remain steady at 4.75% and 5.50%, respectively, with no change over the past 7 or 30 days. These rates reflect stable yield spreads and consistent cost of borrowing for fixed-rate borrowers. The 15-Year Fixed option continues to offer the lowest rate available, presenting a cost-effective solution for members prioritizing quicker equity build-up and reduced interest expense. For first-time homebuyers or those locking in long-term financing, these unchanged rates provide predictable payment structures amid current market conditions. Members should consider fixed-rate options if valuing payment stability; meanwhile, evaluating refinancing remains prudent when savings exceed associated costs. For details, visit https://www.vcu.com/rates#mortgage-rates.

As of February 23, 2026, mortgage rates show a mixed trend for 15-Year Fixed Rate Jumbo and 30-Year Fixed Rate Jumbo loans. The 15-Year Fixed Rate Jumbo is now at 6.065%, increasing by 3 basis points from yesterday but down by 20 basis points over the past month. In contrast, the 30-Year Fixed Rate Jumbo sits at 6.089%, reflecting a decrease of 9 basis points from the previous day and a decline of 31 basis points in the last 60 days. These fluctuations indicate varying borrowing costs, highlighting the importance for borrowers to assess current rates against their financial objectives. Careful consideration of these changes can aid in making informed mortgage decisions.

Current inflation expectations, as indicated by the Breakeven Inflation Rates, show a slight increase over recent days. Notably, Mortgage 30Yr Average Rates have dropped significantly, with a 1-day change of -6.01 points and a 30-day change of -6.09 points, impacting borrowing costs for homeowners. The lowest mortgage rate available now is the Mortgage 30Yr FHA Average Rate at 5.883%. These fluctuations in rates can affect housing affordability and purchasing decisions. Borrowers should stay informed on these trends and consider locking in rates when favorable conditions arise to mitigate potential future increases in borrowing costs.

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