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Mortgage Market Update
Eddie Gamez
Edge Home Finance LLC
Thursday, September 17, 2026
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Picking the right loan structure for you |
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Hello,
One of the most important decisions in a mortgage isn't always the most obvious one.
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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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Loan Programs
Finding the right loan structure for your goal
Not all mortgages work the same way, and choosing the right structure matters more than most people realize. Whether you're buying, refinancing, or borrowing against equity, the loan program you select shapes your monthly payment, how fast you build equity, and what flexibility you'll have down the road. Some programs lock you in for stability; others give you options to adjust as life changes. The best choice depends on your timeline, your risk tolerance, and what you're trying to accomplish. I'd be happy to walk you through what's available and why one structure might make more sense for you than another.
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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 Eddie Gamez team any time and we'll walk you through your options. |
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915-706-0950
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