Introduction
On September 26, 2026, mortgage rates are holding steady with only slight shifts that could influence your home financing plans. If you’re eyeing a purchase or refinance, knowing where to find the most affordable options can save you thousands over time. The lowest rate today is a 5.0% 3/1 ARM for purchases at Alabama Credit Union, offering flexibility with minimal upfront points. Meanwhile, jumbo loan rates have edged up slightly, with Zillow reporting a 7.218% 30-year fixed jumbo rate, reflecting broader market trends. Inflation expectations remain stable but nudging higher according to the Federal Reserve’s data. Here’s what you need to know before locking in a rate to make the best financial move for your future home or investment.
New Purchase - Adjustable
| Lender | Term | 2026-09-26 Current | 2026-09-19 7 Days Ago | 2026-09-11 15 Days Ago | 2026-08-27 30 Days Ago | 2026-08-12 45 Days Ago | 2026-07-28 60 Days Ago | 2026-06-28 90 Days Ago | 2026-03-30 180 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% |
| EAST TEXAS PROFESSIONAL CREDIT UNION | 30 yrs | 5.25% 6.00% | 5.25% 6.00% | 5.25% 6.00% | 5.25% 6.00% | 5.25% 6.00% | 5.25% 6.00% | 5.25% 6.00% | 5.25% 6.00% |
| HAWAII STATE FEDERAL CREDIT UNION | 5 yrs 7 yrs 10 yrs 30 yrs 40 yrs | 5.88% 6.00% 6.13% | 5.88% 6.00% 6.13% | 5.63% 6.25% | 5.50% 5.63% 5.75% | 5.50% 6.13% | 5.75% 6.13% | 5.38% 5.75% | 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 26, 2026, mortgage rates in Alabama remain steady across all adjustable-rate mortgage (ARM) products. The 3/1 ARM offers the lowest yield at 5.0% with zero points, unchanged over the past 30 days. Similarly, the 5/5 ARM at 5.875%, the 7/1 ARM at 6.0%, and the 10/1 ARM at 6.5% with 0.5 points have held firm with no basis point movement in the last week or month.For first-time buyers and those prioritizing lower initial costs, the stable 3/1 ARM presents a cost-effective entry point. Borrowers considering longer adjustment periods should note unchanged yields on the 7/1 and 10/1 ARMs, reflecting consistent borrowing costs in this segment.Members evaluating financing strategies should weigh fixed initial rates against future rate adjustments; consistent current rates suggest timing flexibility but encourage monitoring market trends for potential shifts. Consider refinancing if your projected savings exceed transaction costs.For details, visit https://www.alabamacu.com/lending/home-loans/mortgage-rates.
EAST TEXAS PROFESSIONAL CREDIT UNION
As of September 26, 2026, the 10/1 ARM 30-Year Adjustable Purchase loan remains steady at a rate of 6.0%, showing no change over the past week or month. This stability in yield spreads suggests a consistent cost of borrowing for members considering adjustable-rate mortgages. For first-time buyers or those seeking flexibility in their home financing, the unchanged rate preserves predictable payment expectations over the initial fixed period. Veterans and other borrowers should weigh the benefits of this product against potential future rate adjustments after year ten. Given current conditions, members might evaluate whether locking in fixed-rate options aligns better with their long-term financial plans or if an ARM suits their short-term housing horizon. Consider refinancing only if projected savings outweigh associated costs to optimize your mortgage strategy.For details, visit https://www.etpcu.org/mortgage-loan-rates#:~:text=FIVE%20YEAR%20ADJUSTABLE
HAWAII STATE FEDERAL CREDIT UNION
As of September 26, 2026, 5 Year ARM, 7 Year ARM, and 10 Year ARM purchase loan rates hold steady at 5.875%, 6.000%, and 6.125% respectively, with all showing no change over the past 7 days. Compared to 30 days ago, each adjustable-rate mortgage has risen by 37.5 basis points, reflecting an increased cost of borrowing for new purchasers opting for variable terms. This upward yield spread suggests borrowers may encounter higher initial payments if rates adjust upward after the fixed period. Members considering purchase loans with adjustable terms should weigh the potential for rate fluctuations against current stability; first-time buyers especially benefit from evaluating fixed-rate alternatives if predictability is a priority. For those monitoring refinancing options, these trends highlight the importance of timing and term selection to manage long-term interest expenses effectively. Consider your mortgage strategy carefully in light of recent rate movements.For details, visit https://hawaiistatefcu.com/personal/loans/home-loans/mortgage/#rates.
Zillow National Average
As of September 26, 2026, mortgage rates are mixed, with 15-Year Fixed Rate Jumbo remaining unchanged at 6.861% while the 30-Year Fixed Rate Jumbo also holds steady at 7.218%. Over the past week, the 30-Year Fixed Rate Jumbo has increased by 0.38 basis points, and in the last month, it has risen by 0.87 basis points, indicating a trend towards higher borrowing costs. Meanwhile, the 15-Year Fixed Rate Jumbo has seen a notable increase of 0.69 basis points over the past 60 days. Borrowers should consider these fluctuations when evaluating their financing options, as even small changes can impact overall loan affordability and long-term financial planning.
Federal Reserve Economic Trends
Recent data indicates that inflation expectations are stable, with the Breakeven Inflation Rate 10Yr and 5Yr both at 2.340%. This stability influences mortgage rates, which are rising, reflecting increased borrowing costs. The most notable changes include the Mortgage 30Yr Va Average Rates, which rose by 0.64 points over the past 30 days, marking the largest increase in that period. Additionally, the Mortgage 15Yr Average Rates show a steady rate of 6.420%, representing the lowest among current mortgage options. As rates continue to trend upward, borrowers should assess their financing strategies carefully, especially given these evolving economic conditions.
LendMesh
For many buyers, the path to homeownership starts with questions—about mortgage rates, lender choices, and what really makes a good deal. At LendMesh, we’re here to turn those questions into confidence. Our platform connects you with credit unions and banks that compete for your trust, not just your business. Whether you want to compare rates, explore home loan programs, or simply get advice from someone who’s been there, you’ll find it all in one easy-to-use place. Begin your journey by visiting our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans . LendMesh is committed to making your home buying process smart, transparent, and empowering.
Conclusion
Even small changes in mortgage rates can significantly affect your monthly payments and total interest costs. With the recent uptick of about 8 basis points on the 30-year fixed average rate, buyers should weigh locking in now against potential future increases. If you prefer predictable payments and plan to stay put long-term, a fixed-rate mortgage could offer peace of mind despite the slightly higher rate. On the other hand, adjustable-rate mortgages like the 5/1 ARM at 5.0% may appeal if you expect to sell or refinance within a few years. Homeowners looking to refinance should consider how these subtle shifts impact savings over time and consult trusted advisors before deciding. Staying informed and flexible will help you navigate these modest yet meaningful movements in mortgage costs effectively.