February 19, 2026

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First Step + Step Up Rate Changes

The following interest rate change is effective for First Step loans reserved on or after 11:15 AM, February 19, 2026:


  • FHA / VA / USDA to 5.50% from 5.75%
  • CONV to 6.00% from 6.25% 


The following interest rate change is effective for Step Up loans reserved on or after 11:15 AM, February 19, 2026:


  • FHA / VA / USDA to 6.00% from 6.25%
  • CONV to 6.375% from 6.625% 


Please visit Lender Online for loan reservations.


If you have any questions about this information, please contact Brian Hunt at bhunt@ahfa.com.

Alabama Housing Finance Authority | www.AHFA.com