Introduction
On September 28, 2026, mortgage markets are showing subtle shifts that could influence your next home purchase or refinance. Credit unions continue to offer competitive options, with Coast Central leading the way at a 4.875% rate on a 15-year fixed purchase loan, making it the most affordable choice among today’s offerings. Zillow’s data reflects rising jumbo loan rates, with the 30-year fixed jumbo climbing to 7.5%, signaling higher costs for luxury buyers. Meanwhile, inflation expectations remain steady according to the Federal Reserve’s breakeven inflation rates, keeping long-term borrowing costs relatively stable. Here’s what you need to know before locking in a rate, understanding these nuances can save you thousands over the life of your loan.
At a glance
New Purchase - Conventional 15 yrs Fixed
| Lender | 2026-09-28 Current | 2026-09-21 7 Days Ago | 2026-09-13 15 Days Ago | 2026-08-29 30 Days Ago | 2026-08-14 45 Days Ago | 2026-07-30 60 Days Ago | 2026-06-30 90 Days Ago | 2026-04-01 180 Days Ago |
|---|---|---|---|---|---|---|---|---|
| COAST CENTRAL CREDIT UNIONLOWEST | 4.88%▲ 13 bps | 4.75% | N/A | N/A | N/A | N/A | N/A | N/A |
| FIRST FINANCIAL OF MARYLAND FEDERAL CREDIT UNION | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% | 4.75% | 4.75% | 6.00% |
| FAMILY TRUST FEDERAL CREDIT UNION | 5.25% | 5.25% | 5.25% | 5.00% | 5.00% | 4.63% | 4.63% | 5.04% |
| KNOXVILLE TVA EMPLOYEES CREDIT UNION | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | 5.63% |
| MCCOY FEDERAL CREDIT UNION | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% |
| SAFE 1 CREDIT UNION | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.25% |
| ALABAMA CREDIT UNION | 5.63% | 5.63% | 5.63% | 5.63% | 5.63% | 5.63% | 5.63% | 5.50% |
| CREDIT UNION 1 CREDIT UNION | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.38% |
| EAST TEXAS PROFESSIONAL CREDIT UNION | 6.38% | 6.38% | 6.38% | 6.38% | 6.38% | 6.38% | 6.38% | 6.38% |
| HAWAII STATE FEDERAL CREDIT UNION | 6.38%▲ 25 bps | 6.13% | 5.75% | 5.63% | 5.50% | 5.63% | 5.25% | 5.13% |
Sorted by current rate, lowest first. Scroll sideways for rate history. ▼ means the current rate is lower than last week, ▲ higher.
New Purchase - Conventional 30 yrs Fixed
| Lender | 2026-09-28 Current | 2026-09-21 7 Days Ago | 2026-09-13 15 Days Ago | 2026-08-29 30 Days Ago | 2026-08-14 45 Days Ago | 2026-07-30 60 Days Ago | 2026-06-30 90 Days Ago | 2026-04-01 180 Days Ago |
|---|---|---|---|---|---|---|---|---|
| KNOXVILLE TVA EMPLOYEES CREDIT UNIONLOWEST | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 6.25% |
| COAST CENTRAL CREDIT UNION | 5.63%▲ 13 bps | 5.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% | 4.50% |
| MCCOY FEDERAL CREDIT UNION | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% |
| SAFE 1 CREDIT UNION | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 6.00% | 5.75% |
| FAMILY TRUST FEDERAL CREDIT UNION | 6.13% | 6.13% | 6.13% | 5.88% | 5.88% | 5.50% | 5.50% | 5.85% |
| FIRST FINANCIAL OF MARYLAND FEDERAL CREDIT UNION | 6.13% | 6.13% | 6.13% | 6.13% | 6.13% | 5.88% | 5.88% | 5.63% |
| CREDIT UNION 1 CREDIT UNION | 6.38% | 6.38% | 6.38% | 6.38% | 6.38% | 6.25% | 6.25% | 5.75% |
| EAST TEXAS PROFESSIONAL CREDIT UNION | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% |
| HAWAII STATE FEDERAL CREDIT UNION | 6.88%▲ 13 bps | 6.75% | 6.38% | 6.25% | 6.13% | 6.25% | 5.88% | 5.75% |
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 28, 2026, the 15 Year Fixed First Mortgage Purchase rate remains steady at 5.625% with 0.5 points, showing no change over the past 7 or 30 days. This stability in yield spreads suggests consistent borrowing costs for members seeking shorter-term fixed-rate home purchase loans. For first-time buyers prioritizing predictable monthly payments and veterans exploring financing options, this rate consistency provides a reliable benchmark for budgeting. While refinancing is not reflected today, borrowers may consider locking in fixed rates to mitigate interest rate volatility. Given the unchanged rate environment, members should evaluate their mortgage strategy carefully and consider fixed-rate options if they value payment certainty over potential short-term savings.For details, visit https://www.alabamacu.com/lending/home-loans/mortgage-rates.
COAST CENTRAL CREDIT UNION
As of September 28, 2026, 15-year fixed purchase mortgages are priced at 4.875%, marking a 12.5 basis point increase compared to last week. The 30-year fixed purchase rate stands at 5.625%, up by 12.5 basis points week-over-week and significantly higher by 112.5 basis points versus 30 days ago. These rising yields indicate increased borrowing costs for new homebuyers; the 15-year fixed option remains the lowest rate available, favoring those prioritizing quicker payoff and lower interest expense. For members considering long-term stability, evaluating the impact of these changes on monthly payments is essential. Given the recent upward trend in rates, borrowers should consider fixed-rate loans if they seek predictability or assess refinancing opportunities carefully to determine if potential savings justify current costs. For details, visit https://www.coastccu.org/personal/mortgage-loans/.
CREDIT UNION 1 CREDIT UNION
As of September 28, 2026, CREDIT UNION 1 reports stable mortgage rates for purchase loans across fixed-rate products. The 15-Year Fixed Purchase rate remains steady at 5.75%, unchanged over the past week and month, indicating no recent yield spread shifts impacting short-term fixed borrowing costs. Similarly, the 30-Year Fixed Purchase rate holds at 6.375%, showing no movement over seven or thirty days.These unchanged rates suggest a consistent cost of borrowing environment; borrowers prioritizing long-term payment stability may find the 15-Year Fixed at 5.75% offers a comparatively lower interest burden. First-time buyers should evaluate affordability within these parameters, while those considering refinancing might monitor for future rate fluctuations to optimize their strategy.Given current data, members are advised to consider fixed-rate options if they value predictable payments and to assess refinancing only if potential savings justify associated expenses. For details, visit https://www.cu1.org/rates#real-estate-rates.
EAST TEXAS PROFESSIONAL CREDIT UNION
As of September 28, 2026, fixed-rate mortgage yields for new purchase loans remain stable at 6.375% for 15-year terms, and 6.75% for 30-year terms. There has been no change in rates over the past 7 or 30 days, indicating steady yield spreads and consistent borrowing costs. For members prioritizing predictability, the 15-year fixed rate at 6.375% represents the lowest current cost of borrowing among available options. Stability in rates benefits first-time buyers and those aiming to lock in long-term financing without exposure to interest rate fluctuations. Veterans and refinancing applicants should monitor these benchmarks as they evaluate their mortgage strategies. Given this environment, consider fixed-rate loans if you value payment certainty; alternatively, evaluate refinancing only when potential savings clearly exceed associated costs. For details, visit https://www.etpcu.org/mortgage-loan-rates#:~:text=FIVE%20YEAR%20ADJUSTABLE
FAMILY TRUST FEDERAL CREDIT UNION
As of September 28, 2026, 15-Year Fixed Rate Purchase loans remain at a lowest rate of 5.25%, unchanged from one week ago but up by 25 basis points compared to 30 days prior. Similarly, the 30-Year Fixed Rate Purchase loans hold steady at 6.125%, also reflecting a 25 basis point increase over the past month with no change in the last seven days. These shifts indicate a modest upward trend in long-term borrowing costs, potentially impacting affordability for new homebuyers favoring extended terms. Borrowers prioritizing payment stability may find fixed-rate options suitable amid yield spread increases. Members considering purchase financing should weigh these rates carefully, while those evaluating refinancing should assess if potential savings justify current rate levels.For details, visit https://www.familytrust.org/manage-money/help-center/rates.html#mortgage.
FIRST FINANCIAL OF MARYLAND FEDERAL CREDIT UNION
As of September 28, 2026, FIRST FINANCIAL OF MARYLAND reports stable mortgage rates for both 15-Year Fixed Purchase and 30-Year Fixed Purchase loans. The 15-Year Fixed rate remains at 5.0%, holding steady over the past 7 and 30 days, representing no change in yield spread and maintaining the lowest cost of borrowing among available terms. Meanwhile, the 30-Year Fixed rate is unchanged at 6.125%, reflecting consistent market conditions with no movement since last week or the past month.For members prioritizing long-term predictability, the steady 15-Year Fixed option offers a lower rate, potentially reducing total interest expense compared to longer terms. Conversely, those seeking extended amortization should note the unchanged cost associated with the 30-Year Fixed product. Given these stable rates, members should evaluate their mortgage strategies carefully; considering refinancing may be beneficial if potential savings outweigh closing costs.For details, visit https://www.firstfinancial.org/rates/mortgage-rates/#fixed.
HAWAII STATE FEDERAL CREDIT UNION
As of September 28, 2026, HAWAII STATE credit union reports rising mortgage rates across fixed purchase products. The 15-Year Fixed Purchase rate increased by 25 basis points to 6.375%, marking a 75 basis points rise over the past 30 days. Similarly, the 30-Year Fixed Purchase rate edged up by 12.5 basis points to 6.875%, reflecting a 62.5 basis points increase since one month ago.These upward shifts in yield spreads elevate the overall cost of borrowing, impacting first-time buyers who may face higher monthly payments on shorter-term loans and long-term borrowers locking in 30-year terms. Members prioritizing predictable payments might consider fixed-rate options despite the incremental rise. Given the current trend, evaluating your mortgage strategy is advisable; those with existing loans should assess refinancing only if potential savings outweigh closing costs.For details, visit https://hawaiistatefcu.com/personal/loans/home-loans/mortgage/#rates.
KNOXVILLE TVA EMPLOYEES CREDIT UNION
As of September 28, 2026, 15-Year Fixed-Rate Mortgage and 30-Year Fixed-Rate Mortgage purchase rates remain stable at 5.25% and 5.5%, respectively. Both rates show no change from last week or the past 30 days, indicating steady borrowing costs for members. These fixed-rate options provide predictable monthly payments; the 15-year fixed offers a lower rate, which may appeal to buyers prioritizing faster equity build-up despite higher monthly payments. Conversely, the 30-year fixed maintains affordability through extended terms without recent yield spread shifts.For members evaluating mortgage strategies, especially first-time buyers, locking in these consistent rates can mitigate interest rate volatility risk. Given unchanged market conditions over recent weeks, consider fixed-rate loans if payment stability is a priority. Additionally, reviewing your refinancing options could be beneficial if current rates align with your long-term financial goals.For details, visit https://www.tvacreditunion.com/borrow/loans/home-loans.html.
MCCOY FEDERAL CREDIT UNION
As of September 28, 2026, fixed-rate mortgage products for home purchases remain stable at 5.5% for the 15-year fixed and 6.0% for the 30-year fixed, with no change in yield spreads over the past week or month. This steady rate environment preserves borrowing costs for members considering new home purchases. The 15-year fixed at 5.5% offers the lowest rate available, favoring buyers prioritizing accelerated equity build-up and reduced interest expense. Conversely, the 30-year fixed at 6.0% provides longer-term payment stability but with a higher overall cost.Members should evaluate their financial goals carefully; those valuing predictability may lean toward fixed-rate terms. Given unchanged rates, now is an appropriate time to review mortgage strategies and consider locking in rates to manage long-term expenses effectively.For details, visit https://www.mccoyfcu.org/rates/mortgages.html.
SAFE 1 CREDIT UNION
As of September 28, 2026, SAFE 1 reports stable mortgage rates across key fixed-rate purchase options. The 15-Year Fixed Rate Purchase holds steady at 5.5%, matching last week’s yield and maintaining a 25 basis points premium compared to six months ago. Similarly, the 30-Year Fixed Rate Purchase remains at 6.0%, unchanged over both the past week and month but elevated by 25 basis points relative to 180 days prior.These static rates suggest consistent borrowing costs for members seeking fixed terms, benefiting those prioritizing predictable payments. First-time homebuyers and long-term investors may find value in evaluating these fixed-rate products for budgeting certainty. Given the absence of rate increases, members should consider locking in current yields or reassessing refinancing opportunities if it aligns with their financial goals.For details, visit https://www.safe1.org/home-loans/first-mortgage/.
Zillow National Average
As of September 28, 2026, U.S. mortgage rates have generally increased, with the 15-Year Fixed Rate Jumbo now at 6.956%, up by 10 basis points from yesterday and 38 basis points higher than a week ago. The 30-Year Fixed Rate Jumbo has seen a more significant rise to 7.500%, an increase of 28 basis points in just one day and a notable 59 basis points over the past week. These upward trends indicate an escalating cost of borrowing for new loans. Borrowers should consider these shifts when planning their mortgage options, particularly as the 30-Year Fixed Rate Jumbo shows the most substantial changes across multiple time frames.
Federal Reserve Economic Trends
Recent data reveals that inflation expectations, as indicated by the Breakeven Inflation Rates for 10 years and 5 years, remain stable at 2.340%. However, the Mortgage 30Yr Average Rates saw a significant drop of 7.03 points today, marking the largest one-day change, while experiencing a cumulative decline of 6.66 points over the past 30 days. This decline in mortgage rates may signal an easing in borrowing costs for potential homeowners despite inflationary pressures. The current lowest mortgage rate recorded is 6.984% for 30-year FHA loans. Borrowers should consider monitoring these rates closely, as fluctuations can directly impact affordability and long-term financial planning.
LendMesh
Every homebuyer’s journey is unique, but the need for trustworthy information is universal. That’s why LendMesh brings together a wide network of banks and credit unions, offering you the best mortgage rates and personal guidance you won’t find anywhere else. Our mission is to simplify the complex, whether you’re curious about pre-qualification, interested in refinancing, or planning a long-term financial future. We combine human stories with financial know-how, making it easier for you to step into the home you love. Take your next step by visiting our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . because at LendMesh, your story matters.
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Conclusion
Looking ahead, even small rate changes like those seen this week can add up. For instance, a quarter-point increase on a 30-year mortgage might raise monthly payments by dozens of dollars and increase total interest paid significantly over time. If you’re buying or refinancing soon, consider locking in now if you find a rate near the current lowest offers, such as Coast Central’s 15-year fixed at 4.875%. For jumbo loan seekers, be mindful that rates have risen noticeably; weighing whether to buy down points or adjust your loan term might make sense. Staying informed about inflation trends and lender movements empowers you to act with confidence and protect your financial future.