MORTGAGE MARKET BRIEFING

Brad Flores

Thursday, September 17, 2026

THIS WEEK

A quick rate check could save you $50+/month

Rates shifted again this week, and small moves can make a real difference on your payment. Here's what it means for you.

RATE SNAPSHOT · September 10, 2026

CONVENTIONAL 30-YR

6.76%

FHA 30-YR

6.82%

VA 30-YR

6.71%

Source: Freddie Mac PMMS & Optimal Blue via FRED. National averages — informational only.

Rate Watch

What This Week's Rate Movement Means for Your Payment

Mortgage rates move a little almost every week, and small shifts add up to real dollars on your monthly payment. On a typical loan, even a quarter-point change can mean $50 or more a month — money that's better in your pocket. The good news: you don't have to time the market perfectly. What matters most is being ready, with your credit in good shape and your documents handy, so when a window opens we can move quickly. If you bought or refinanced in the last couple of years, it's worth a five-minute check to see whether today's rates could lower your payment. There's no obligation and no cost to run the numbers — just clarity on where you stand.

Want to see what today's rates mean for your payment? Let's run the numbers together.

Tip of the Week

Replace weatherstripping around exterior doors every few years. It's one of the cheapest ways to improve energy efficiency.

Tips for Homeowners

USDA Loans: A Zero-Down Option for Rural Buyers

1.	USDA loans offer 100% financing (no down payment) for eligible properties in USDA-designated rural and suburban areas. The USDA's eligibility map may include areas closer to cities than you'd expect.

2.	USDA loans have income limits — typically 115% of the area median income. Both the property location and borrower income must qualify.

3.	There's an upfront guarantee fee (1% of the loan) and an annual fee (0.35% of the balance). These are lower than FHA mortgage insurance and can be rolled into the loan.

Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Brad Flores team any time and we'll walk you through your options.

Your Mortgage Advisor

Brad Flores

brad@bradflores.com

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