September 2026 Market Update

Update on current mortgage rates and market conditions for September 2026:

Current Mortgage Averages:

  - 30-Year Fixed: 7.01% APR
  - 15-Year Fixed: 6.41% APR
  - 5-Year ARM: 6.83% APR

While interest rates remain a key consideration and significant rate drops are unlikely this year, many buyers are finding savings by negotiating purchase prices. The strongest incentives are currently available in new home construction.