What Rates Are My Clients Actually Closing At?

Oct 12

1 min read

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, I look beyond the rate alone.

We compare loan programs, down payments, points, upfront costs, and monthly payments to find a structure that fits their goals.

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