What Rates Are My Clients Actually Closing At? What rates are my clients actually closing at? I reviewed the loans I personally closed in 2026 so far including QM and Non-QM loans. These two charts show the note rate distribution: Primary residences and second homes: • Average rate: 6.163% • Range: 4.875%–7.125% Investment properties: • Average rate: 6.448% • Range: 5.5%–7% Behind every rate is a different borrower, property, and financing strategy. When I work with a client,
