🏠 Mortgage Rates for the Week of September 28, 2026: What You Need to Know

Rates moved modestly this week, and depending on your loan program, there are some real opportunities worth paying attention to. We published 18 rate charts this week across FHA, Conventional, Jumbo, Cash-Out, DSCR, and Bank Statement programs, so there is a lot to cover. FHA loans remain one of the most competitive options for first-time home buyers, with 3.5% down and no lender fees or processing fees on our 30-year fixed, 5/1 ARM, and 3/1 ARM programs. Conventional purchase loans are showing strong pricing at both 10% and 20% down, and we added new ARM options this week including the 5/6 and 7/6 ARM for buyers who want a lower starting rate and plan to move or refinance within a few years. For homeowners looking to tap equity, our Cash-Out Refinance charts at 75% LTV are available in 30-year fixed, 5/1 ARM, and 7/1 ARM formats, all with no points and no lender fees. Investors will find two DSCR options this week covering both purchase and cash-out refinance at a 1:1 ratio, with no lender fees and no points on qualifying single-family investment properties.

👉 Key takeaway: Whether you are buying your first home, pulling equity out of a property you already own, or building a rental portfolio, this week's rate sheet gives you real options without the extra costs that eat into your savings. Every program we published this week carries no lender fees, no processing fees, or no points, depending on the product. That matters because those fees can add thousands of dollars to the cost of a loan. ARM programs in particular are worth a conversation right now. If you are not planning to stay in the home long term, starting with a lower rate on a 5/1 or 7/6 ARM could save you significantly compared to locking into a 30-year fixed. For self-employed borrowers or real estate investors who do not qualify through traditional income documentation, our Bank Statement and DSCR loan programs offer flexible qualifying paths with competitive pricing.

If you want to go over this week's rates or talk through which program makes the most sense for your situation, reach out to one of our loan experts at American RE Group. We can walk you through the numbers, explain your options in plain language, and get you a rate lock if you are ready to move forward. A quick conversation now could save you real money over the life of your loan.

30 Yr Fixed FHA, Purchase, 3.5% DOWN, Primary Residence, 760+ FICO, Single Family or Condo, First Time Home Buyer, No Lender Fee. No Processing Fee.

NEW 5/1 ARM FHA, Purchase, 3.5% DOWN, Primary Residence, 760+ FICO, Single Family or Condo, First Time Home Buyer, No Lender Fee. No Processing Fee.

NEW 3/1 ARM FHA, Purchase, 3.5% DOWN, Primary Residence, 760+ FICO, Single Family or Condo, First Time Home Buyer, No Lender Fee. No Processing Fee.

30 Yr Fixed FULL DOC, Conventional PURCHASE, 20% DOWN, Primary Residence, Purchase, 760+ FICO, Single Family or Condo, First Time Home Buyer, No lender Fee, No Processing Fee.

Curious about rate exceptions?

Your deal could be even stronger than what you see online.

30 Yr Fixed FULL DOC, Conventional PURCHASE, 10% DOWN, Primary Residence, Purchase, 760+ FICO, Single Family or Condo, First Time Home Buyer, No Underwriting Fee, No Points, No Processing Fee

NEW 5/6 ARM Conventional FULL DOC, PURCHASE, 20% DOWN, Primary Residence, Purchase, 760+ FICO, Single Family or Condo, First Time Home Buyer, No lender Fee, No Processing Fee

NEW 7/6 ARM Conventional FULL DOC, PURCHASE, 20% DOWN, Primary Residence, Purchase, 760+ FICO, Single Family or Condo, First Time Home Buyer, No lender Fee, No Processing Fee

FULL DOC, 30 YR Fixed, CASH OUT, 75%LTV, Primary Residence, Purchase, 760+ FICO, Single Family or Condo, First Time Home Buyer, No Points, No lender Fee, No Processing Fee

FULL DOC, 5/1 ARM CASH OUT, 75%LTV, Primary Residence, Purchase, 760+ FICO, Single Family or Condo, First Time Home Buyer, No Points, No lender Fee, No Processing Fee

We Cover It, One Way or Another

Appraisal waived? Perfect. If not, the fee comes back to you at close.

FULL DOC, 7/1 ARM CASH OUT, 75%LTV, Primary Residence, Purchase, 760+ FICO, Single Family or Condo, First Time Home Buyer, No Points, No lender Fee, No Processing Fee

DSCR, Purchase, 1:1 Ratio, Investment Properties Only, 25% DOWN, 5 Year Prepay (No Prepay also available ), SFR, 760+ FICO, No Lender Fee, No Points

CASH OUT DSCR, Refinance, 1:1 Ratio, Investment Properties Only, 70% CLTV, 5 Year Prepay, SFR, 760+ FICO, No Lender Fee, No Points

12 Mo. Bank Statement, PURCHASE, 20% DOWN, Investment, 760+ FICO, Single Family or Condo, No Lender Fee, No Points

12 Mo. Bank Statement, CASH OUT, 70% LTV, Investment, 760+ FICO, Single Family or Condo, No Lender Fee, No Points

Your mortgage is not one-size-fits-all. Contact us about rate exceptions or tailored solutions to help lower your monthly payment.

JUMBO, Conventional 30 Year Fixed, SFR, Purchase, Primary Residence, Full Doc, 80% LTV, 760+ FICO, No Lender Fee. No Points, No Processing Fee

JUMBO, DSCR, SFR, Purchase, Investment, 5 Year Pre Pay, 75% LTV, 760+ FICO, No Lender Fee, No Points

JUMBO, SFR, Purchase, 12 Months Bank Statements, Primary, 75% LTV, 760+ FICO, No Lender Fee

JUMBO, Conventional 30 Year Fixed, SFR, Purchase, Primary Residence, Full Doc, 75% LTV, 760+ FICO, No Lender Fee. No Points. No Processing Fee

Our team at AmericanReGroup monitors rates every day to ensure you get the best deal. Plus, ask us about rate exceptions or personalized options that could reduce your monthly payment.

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