DSCR Loan Rates and the Rental Market: Fall 2026 Update

Thu, 22 Oct 2026 13:40:00 -0500

DSCR loan rates don’t have one published national average. They depend on your DSCR, credit, down payment, and prepayment terms. For context, Freddie Mac’s 30-year conventional average was 7.32% on October 22, 2026. DSCR loans are non-QM investor loans and are usually priced differently than that benchmark.

Here’s what investors should know about rates, rents, and buying activity this fall, and what it means for your DSCR.

Key Takeaways

Freddie Mac: 30-year fixed averaged 7.32% on Oct. 22, 2026, down from 7.40% a week earlier but up from 6.19% a year ago.
Rents are mixed: Zillow shows asking rents up 2.7% year over year. Realtor.com and Apartment List both show down 0.4%.
Investors are active: NAR says investors and second-home buyers were 20% of September sales, up from 15%.
Higher rates lower DSCR on the same rent. Run the numbers before you offer.
DSCR pricing varies by lender, which is why a broker can help.

Where Are Mortgage Rates in Fall 2026?

Freddie Mac PMMS (Oct. 22, 2026): 30-year fixed 7.32%, down from 7.40% the week before. A year ago it was 6.19%. The 15-year averaged 6.68% (Freddie Mac).
Mortgage News Daily: Its daily index showed a top-tier 30-year fixed at about 7.30% in its Oct. 22, 2026 update. MND said rates were holding near their lowest levels in nearly a month (Mortgage News Daily).
September context: Freddie Mac’s 30-year average was 6.86% in September, up from 6.67% in August, as reported in MND’s existing home sales recap.

Important: These benchmarks track owner-occupied loans. They are not DSCR rates and not quotes from Coastal Funding. Use them to understand the direction of the market.

Mortgage Rates on Coastal Funding DSCR Blog

DSCR Loan Rates and the Rental Market: Fall 2026 Update

Key Takeaways

Where Are Mortgage Rates in Fall 2026?