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Mortgage Market Update
Angela Carter
Edge Home Finance
Thursday, September 17, 2026
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When your money situation changes |
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Hi there,
I wanted to check in on something that doesn't always make headlines but affects real monthly budgets.
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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 budget changes, your mortgage options might too
Life shifts happen—a job change, a raise, unexpected expenses, or even just a clearer picture of what you can comfortably afford each month. If your financial situation has moved in either direction since you locked in your mortgage, it's worth a conversation. A tighter budget might mean refinancing to a longer term could ease your monthly payment. A stronger financial position might open the door to paying down principal faster or accessing funds through a cash-out refinance. The point isn't to chase every small change—it's to make sure your loan is still working for you, not against you. I'm here to walk through what makes sense for where you are right now. Let's talk about whether your current loan still fits your life.
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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 Angela Carter team any time and we'll walk you through your options. |
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972-900-2134 | www.AngieKnowsLoans.com
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