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Mortgage Market Update
My Mortgage Company
Peyton Fullerton
Thursday, September 17, 2026
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What lenders actually see in your credit report |
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A lot of borrowers ask me what goes into a credit decision. Let me break down why your score matters so much—and what you can do about it.
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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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Smart Money Habits
Why your loan officer cares about your credit score
Your credit score isn't just a number—it's one of the biggest factors in what you qualify for and what you'll pay over the life of your loan. Even small improvements can matter. The good news is that building credit is something you control. Paying bills on time, keeping credit card balances low, and avoiding new debt right before applying all make a real difference. If you're thinking about buying soon or refinancing, it's worth reviewing your credit now so there are no surprises when we pull your report. I'm happy to walk you through what lenders look at and what might help your situation. Let me know if you'd like to talk through your credit and what it means for your home financing.
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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
Peyton Fullerton
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