Introduction
On September 12, 2026, mortgage rates are holding steady with subtle shifts that could influence your next move. Whether you’re buying a home or refinancing, understanding today’s landscape helps you spot the best opportunities. The lowest rate available right now is a 3.858% adjustable-rate mortgage from Coast Central Credit Union, perfect for buyers open to ARM options. Meanwhile, jumbo loan borrowers face a bit of upward movement, with Zillow reporting the 30-year fixed jumbo rate climbing to 6.81% this week. Inflation expectations ticked up slightly but remain moderate, suggesting rates may stay elevated but manageable. Here’s what you need to know before locking in a rate, because even small changes can add up over time and affect your monthly budget.
New Purchase - Adjustable
| Lender | Term | 2026-09-12 Current | 2026-09-05 7 Days Ago | 2026-08-28 15 Days Ago | 2026-08-13 30 Days Ago | 2026-07-29 45 Days Ago | 2026-07-14 60 Days Ago | 2026-06-14 90 Days Ago | 2026-03-16 180 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% |
| 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 12, 2026, mortgage rates in Alabama remain stable across all adjustable-rate mortgage (ARM) products for purchase loans. The 3/1 ARM at 5.0% holds the lowest rate among available options, unchanged over the past 7 and 30 days, reflecting consistent yield spreads and steady cost of borrowing. 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 show no movement in rates during this period.For first-time buyers or those seeking initial purchase financing, these fixed terms and stable rates provide predictable short- to medium-term payments. Borrowers valuing rate certainty may consider shorter ARMs like the 3/1 ARM for lower initial costs, while those expecting longer tenure might evaluate the 10/1 ARM despite its higher rate and points.Given unchanged rates, members should assess their mortgage strategy carefully; refinancing incentives are minimal currently, so focus on loan product fit relative to individual financial goals.For details, visit https://www.alabamacu.com/lending/home-loans/mortgage-rates.
COAST CENTRAL CREDIT UNION
As of September 12, 2026, the Adjustable-Rate Mortgage (ARM) for home purchases remains steady at a rate of 3.858% with zero points. This rate has held firm over the past week and month, reflecting stable yield spreads and consistent borrowing costs in this segment. For members considering adjustable loans, this stability provides predictable short-term costs but entails future rate variability based on market shifts. First-time buyers may benefit from these unchanged rates if they anticipate rising interest environments; however, those valuing payment certainty should evaluate fixed-rate alternatives. Given no recent rate movement, members should closely monitor ARM adjustments and consider refinancing options if long-term cost reduction is feasible. For details, visit https://www.coastccu.org/personal/mortgage-loans/.
SECURITY SERVICE FEDERAL CREDIT UNION
As of September 12, 2026, adjustable-rate mortgage (ARM) purchase programs at SECURITY SERVICE remain stable. The 10/1-Year ARM holds steady at 5.875%, unchanged from one week and one month ago. Similarly, the 15/15-Year ARM maintains a consistent rate of 6.0% with no recent fluctuations. This stability in yield spreads suggests borrowing costs for adjustable-rate loans have not shifted, providing predictability for buyers considering ARMs.For first-time homebuyers or those prioritizing lower initial payments, the 10/1 ARM’s 5.875% rate represents the most competitive option today. Veterans and other borrowers evaluating long-term affordability should note the unchanged rates, which may influence decisions on locking in rates versus waiting for market movement.Members should assess their mortgage strategy carefully; consider fixed-rate alternatives if rate certainty is preferred or evaluate refinancing only if potential savings exceed associated costs.For details, visit https://www.ssfcu.org/rates/home-loan-rates.
Zillow National Average
As of September 12, 2026, mortgage rates are mixed, with the 15-Year Fixed Rate Jumbo holding steady at 6.458%, unchanged from yesterday. In contrast, the 30-Year Fixed Rate Jumbo remains at 6.810%, also showing no change in the last day. Over the past week, the 30-Year Fixed Rate Jumbo has increased by 0.26 basis points, while it has risen by 0.42 basis points over the past two months. Borrowers should note these fluctuations, particularly in the 30-Year Fixed Rate Jumbo, as they can affect overall borrowing costs and yield spread considerations. For those seeking stability, the consistent rate for the 15-Year Fixed Rate Jumbo may be a favorable option.
Federal Reserve Economic Trends
Recent data indicates that breakeven inflation rates are stabilizing, with the 10-year rate holding at 2.360% and the 5-year rate slightly up to 2.400%. This stability in inflation expectations often correlates with mortgage rates, influencing the cost of borrowing. Notably, the largest change over the past week was observed in the Mortgage 30Yr Jumbo Average Rates, which increased by 0.17 points. In contrast, the Mortgage 30Yr Va Average Rates remained relatively stable with a minimal increase of just 0.01 points. The lowest mortgage rate available today is for the Mortgage 30Yr Va Average Rates at 6.461%. Borrowers should closely monitor these trends as they can significantly impact future financing decisions and housing affordability.
LendMesh
Sometimes, the best financial decisions are the ones you make with support and knowledge. That’s what LendMesh brings to the table for every homebuyer. Our platform was inspired by countless real-world stories—parents saving for a forever home, recent grads starting out, and even retirees downsizing to something just right. We partner with a trusted network of banks and credit unions to keep our rate comparisons honest and up to date. No matter your journey, our advisors have walked alongside buyers just like you, offering tools, tips, and a listening ear. Ready to see what’s possible in today’s market? Visit our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans and let’s plan your next move with confidence.
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Conclusion
Looking ahead, it’s wise to weigh your options carefully as mortgage rates show modest increases across several categories, including the popular 30-year fixed jumbo loans and traditional 15- and 30-year averages. For buyers and refinancers, that means locking in sooner rather than later might save hundreds monthly; a quarter-point difference can mean thousands in interest paid over decades. If you’re comfortable with some variability, an ARM like the 3/1 ARM at 5% from Alabama Credit Union offers lower initial costs but requires readiness for future adjustments. Keep an eye on inflation signals, they often foreshadow rate moves, and align your loan choice with your financial horizon and risk tolerance. Thoughtful planning now sets the stage for smoother payments and greater peace of mind down the road.