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Mortgage Market Update
My Mortgage Company
Patricia Nagler
Thursday, September 17, 2026
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When your mortgage payment feels too tight |
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Hi there,
Sometimes a loan that made perfect sense at closing can start to feel like a weight. Here's what you should know.
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National Mortgage Rates · September 10, 2026
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Conventional 30-Year
6.76%
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Source: Freddie Mac PMMS & Optimal Blue via FRED
Rates shown are national averages and are provided for informational purposes only. Actual rates vary based on credit profile, loan amount, and market conditions. Please contact us for a personalized rate quote.
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Affordability Check
When your payment gets harder to manage
Life changes fast. A job shift, new expenses, or just the weight of monthly payments can make your current loan feel tighter than it used to. If you're in a mortgage that's stretching your budget, you have options—and you don't have to sit with the discomfort. Sometimes a different loan term, a refinance to better terms, or even reviewing your current program can free up breathing room. I've helped plenty of borrowers restructure their loans to match their actual lives, not just their lives on paper. If your payment is becoming a burden, let's talk about what's possible. Reach out anytime—there's no obligation to explore what might work better for your situation.
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Tip of the Week
Replace weatherstripping around exterior doors every few years. It's one of the cheapest ways to improve energy efficiency.
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Tips for Homeowners
USDA Loans: A Zero-Down Option for Rural Buyers
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1.
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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.
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2.
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USDA loans have income limits — typically 115% of the area median income. Both the property location and borrower income must qualify.
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3.
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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.
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Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Patricia Nagler
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