4% Mortgages Are Back: The New Construction Deals Buyers Need To Understand

The Jon Sanchez Show · Sep 22, 2026 · 31m · transcript

I've got a number for you today that you're probably not going to believe.

Yesterday, according to Mortgage News Daily, the average top-tier 30-year fixed mortgage rate was:

7.19%.

Ouch.

But now let me give you another number:

3.92%.

No, I didn't travel back to 2021.

According to new research from Realtor.com, nearly one out of every seven new-construction listings advertised some type of reduced mortgage rate in August.

And the average advertised reduced rate was...

3.92%.

So immediately I'm thinking:

WAIT A MINUTE.

How in the heck can Dwight be sitting here telling me mortgages are around…