Introduction
On September 5, 2026, mortgage rates are holding steady with subtle shifts that could influence your homebuying or refinancing decisions. If you’ve been watching the market closely, today’s standout is the 3.858% adjustable-rate mortgage from Coast Central Credit Union, offering one of the lowest ARM options available for purchase loans. Meanwhile, Zillow reports a slight uptick in jumbo fixed rates, with the 30-year fixed jumbo climbing by 8 basis points to 6.554%. The Federal Reserve’s inflation breakeven rates also nudged higher, signaling cautious optimism in economic conditions. Here’s what you need to know before locking in a rate, whether you’re buying your first home or planning your next investment.
New Purchase - Adjustable
| Lender | Term | 2026-09-05 Current | 2026-08-29 7 Days Ago | 2026-08-21 15 Days Ago | 2026-08-06 30 Days Ago | 2026-07-22 45 Days Ago | 2026-07-07 60 Days Ago | 2026-06-07 90 Days Ago | 2026-03-09 180 Days Ago |
|---|---|---|---|---|---|---|---|---|---|
| ALABAMA CREDIT UNION | 3 yrs 5 yrs 7 yrs 10 yrs | 5.00% 5.50% 5.88% 6.00% 6.50% | 5.00% 5.50% 5.88% 6.00% 6.50% | 5.00% 5.50% 5.88% 6.00% 6.50% | 5.00% 5.50% 5.88% 6.00% 6.50% | 5.00% 5.50% 5.88% 6.00% 6.50% | 5.00% 5.50% 5.88% 6.00% 6.50% | 5.00% 5.50% 5.88% 6.00% 6.50% | 5.00% 5.50% 5.88% 6.00% 6.50% |
| COAST CENTRAL CREDIT UNION | 0 yrs 30 yrs | 3.86% | 3.86% | 3.86% | 3.86% | 3.86% | 3.86% | 3.75% | 4.00% |
| HAWAII STATE FEDERAL CREDIT UNION | 5 yrs 7 yrs 10 yrs 30 yrs 40 yrs | 5.63% 5.75% 5.88% | 5.63% 5.75% 5.88% | N/A | 5.50% 5.63% 5.75% | 5.63% 6.00% | 5.50% 5.88% | N/A | N/A |
| SECURITY SERVICE FEDERAL CREDIT UNION | 10 yrs 15 yrs | 5.88% 6.00% | 5.88% 6.00% | 5.88% 6.00% | 5.88% 6.00% | 5.88% 6.00% | 5.88% 6.00% | N/A | N/A |
Sorted by current rate, lowest first. Scroll sideways for rate history. ▼ means the current rate is lower than last week, ▲ higher.
ALABAMA CREDIT UNION
As of September 05, 2026, mortgage rates in Alabama remain stable across all adjustable-rate mortgage (ARM) products for purchase loans. The 3/1 ARM holds the lowest rate at 5.0% with zero points, unchanged over the past 7 and 30 days, indicating steady borrowing costs for short-term adjustable loans. Similarly, the 5/5 ARM at 5.875%, 7/1 ARM at 6.0%, and 10/1 ARM at 6.5% with 0.5 points have seen no rate movement in recent weeks. This stability benefits first-time buyers and those seeking initial affordability with ARMs, while longer-term adjustable options maintain consistent yield spreads without added cost volatility. Members evaluating purchase strategies should weigh fixed versus adjustable terms carefully; consider fixed-rate alternatives if interest rate predictability is a priority. For data-driven decisions, monitor market shifts closely and assess refinancing only if potential savings surpass associated fees. For details, visit https://www.alabamacu.com/lending/home-loans/mortgage-rates.
COAST CENTRAL CREDIT UNION
As of September 5, 2026, the Adjustable-Rate Mortgage (ARM) for Purchase remains steady at a competitive 3.858% with zero points. This unchanged rate over the past week and month indicates stable yield spreads and consistent borrowing costs in this segment. For members seeking initial home financing, particularly those prioritizing potential short-term savings, this stability offers predictable cost structures without recent volatility. However, borrowers valuing long-term payment certainty might consider fixed-rate options elsewhere to mitigate future rate adjustments. Given no fluctuations in the current ARM purchase rates, first-time buyers and investors should assess market conditions carefully and evaluate mortgage strategies aligned with their risk tolerance. For details, visit https://www.coastccu.org/personal/mortgage-loans/.
HAWAII STATE FEDERAL CREDIT UNION
On September 5, 2026, HAWAII STATE reports steady rates for Adjustable Rate Mortgages (ARMs) on home purchases. The 5-Year ARM holds at a competitive 5.625% with 1.625 points, unchanged from last week but up by 12.5 basis points compared to 30 days ago. Similarly, the 7-Year ARM remains stable at 5.75%, also reflecting a 12.5 basis point increase over the past month. The 10-Year ARM stands at 5.875%, unchanged week-over-week and up by the same margin over 30 days.These incremental yield spreads indicate a modest rise in borrowing costs for adjustable terms, which may impact buyers seeking lower initial rates with subsequent adjustments. Members should weigh these trends against their financial horizon; first-time buyers might benefit from locking rates soon, while those considering longer-term stability should evaluate fixed-rate alternatives or refinancing if cost-effective.For details, visit https://hawaiistatefcu.com/personal/loans/home-loans/mortgage/#rates.
SECURITY SERVICE FEDERAL CREDIT UNION
As of September 05, 2026, 10/1-Year Adjustable Rate Mortgages (ARMs) for home purchase remain steady at a competitive 5.875%, unchanged over the past week and month. Similarly, the 15/15-Year Adjustable Rate Mortgage holds firm at 6.000% with no recent fluctuations in yield spreads or borrowing costs. These stable rates provide predictable short- and medium-term financing options for members considering adjustable-rate loans.First-time buyers and those seeking flexibility may find these ARMs advantageous given their current stability. However, borrowers prioritizing long-term certainty should carefully assess interest rate risk beyond the initial fixed period. Veterans evaluating mortgage strategies can consider these figures alongside other loan products to optimize cost efficiency.Members are encouraged to review their individual scenarios and consider refinancing if potential savings outweigh closing expenses, especially as rates remain steady. For details, visit https://www.ssfcu.org/rates/home-loan-rates.
Zillow National Average
As of September 5, 2026, mortgage rates remain stable for 15-Year Fixed Rate Jumbo loans at 6.312%, unchanged from yesterday, while the 30-Year Fixed Rate Jumbo also holds steady at 6.554%. Over the past week, the 15-Year Fixed Rate Jumbo has seen an increase of 0.19 basis points, reflecting a slight upward trend in borrowing costs. In contrast, the 30-Year Fixed Rate Jumbo rose by 0.08 basis points over the same period. Borrowers should be aware of these fluctuations, particularly the recent increases, as they may affect overall loan affordability. Monitoring these rates is essential for making informed financing decisions.
Federal Reserve Economic Trends
Recent breakeven inflation rates indicate stable inflation expectations, with the 10-year rate at 2.350% and the 5-year rate slightly higher at 2.370%. This stability is reflected in mortgage rates, particularly the 15-year average mortgage rate, which remains unchanged at 6.040%, while the 30-year FHA rate shows a modest increase of 0.08 points over the past week. The largest weekly change was noted in the 30-Year USDA Average Rates, rising by 0.13 points. Borrowers may find relative stability in these indicators, but with the lowest mortgage rate recorded at 6.040%, potential homebuyers should prepare for ongoing fluctuations in borrowing costs as market conditions evolve.
LendMesh
Picture this: You’re ready to buy a home, but you’re not sure where to start. Maybe you’re worried about the rates, or confused by all the mortgage jargon out there. At LendMesh, we believe good guidance can change everything. That’s why we’ve built an online hub where real people—just like you—can find honest advice, real-time rate comparisons, and connections to local credit unions and banks that actually care. Whether you’re mapping out a long-term plan or looking for a quick pre-approval, we’ve got resources designed to make each step clearer. Take a moment today to visit our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . Your next chapter could start with a single click, and we’ll be here to guide you through it.
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Conclusion
Even small movements in mortgage rates can add up over time, affecting your monthly payments and total interest paid. With the lowest ARM rate at 3.858% from Coast Central Credit Union and incremental increases seen in fixed-rate jumbo loans, now is a smart moment to evaluate your loan options carefully. Consider how a half-percent change could impact your budget and long-term financial goals. For buyers and refinancers alike, locking in a competitive rate means balancing today’s numbers with tomorrow’s plans. Keep an eye on inflation trends and lender updates; these will guide you toward the best choice for your unique situation. Thoughtful timing and informed decisions will help you secure favorable terms that fit your lifestyle and financial future.