September 30, 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 10:15 AM, September 30, 2026:


  • FHA / VA / USDA to 6.75% from 6.25%
  • CONV to 7.25% from 6.75% 


The following interest rate change is effective for Step Up loans reserved on or after 10:15 AM, September 30, 2026:


  • FHA / VA / USDA to 7.50% from 7.25%
  • CONV to 8.00% from 7.75% 


Please visit Lender Online for loan reservations.


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

Alabama Housing Finance Authority | www.AHFA.com