|
Mortgage Market Update
My Mortgage Company
John Katsougrakis
Thursday, September 17, 2026
|
The loan that works best for you |
|
There's more variety in mortgages than most people realize. Understanding your options makes a real difference.
|
|
National Mortgage Rates · September 10, 2026
|
Conventional 30-Year
6.76%
|
|
| |
|
%22%2C%22fill%22%3Atrue%2C%22tension%22%3A0.4%2C%22pointRadius%22%3A4%2C%22pointBackgroundColor%22%3A%22%233b5bdb%22%2C%22borderWidth%22%3A2%7D%5D%7D%2C%22options%22%3A%7B%22plugins%22%3A%7B%22legend%22%3A%7B%22display%22%3Afalse%7D%7D%2C%22scales%22%3A%7B%22y%22%3A%7B%22ticks%22%3A%7B%22callback%22%3A%22function(v)%7Breturn%20v%2B%5C%22%25%5C%22%7D%22%2C%22color%22%3A%22%23666%22%7D%2C%22grid%22%3A%7B%22color%22%3A%22rgba(0%2C0%2C0%2C0.06)%22%7D%7D%2C%22x%22%3A%7B%22grid%22%3A%7B%22display%22%3Afalse%7D%2C%22ticks%22%3A%7B%22font%22%3A%7B%22size%22%3A11%7D%2C%22color%22%3A%22%23666%22%7D%7D%7D%7D%7D&w=520&h=180&bkg=white&f=12) |
|
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.
|
|
|
|
Loan Programs
Not all mortgages work the same way
One of the biggest choices you'll make as a borrower is which type of loan fits your situation. Fixed-rate mortgages lock in the same payment for the life of the loan—steady and predictable. Adjustable-rate options may start lower but can change over time. Government-backed programs like FHA and VA loans have their own rules and benefits. Conventional loans work differently still. The right choice depends on how long you plan to stay, your comfort with payment changes, and what you qualify for. I help borrowers match their circumstances to the loan that actually makes sense for them—not just the one that sounds good on paper. Let's talk through which loan type aligns with your goals.
|
|
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 My Mortgage Company team any time and we'll walk you through your options. |
|
Your Mortgage Advisor
|
|
|
My Mortgage Company
John Katsougrakis
|
|
|
|
You are receiving this from John Katsougrakis. Unsubscribe
|