Mortgage Market Update

Jesse Wien

BARRETT FINANCIAL GROUP LLC

Thursday, September 17, 2026

Picking the right loan type matters

Hi there. Each mortgage program works a little differently, and choosing the right one can make a real difference in your monthly payment and long-term costs.

National Mortgage Rates · September 10, 2026

Conventional 30-Year

6.76%

FHA 30-Year

6.82%

VA 30-Year

6.71%

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

When you're shopping for a home or refinancing, you'll hear terms like fixed-rate, adjustable-rate, FHA, conventional, and VA tossed around. Each one has different rules about how much you put down, what your payment looks like, and how your loan behaves over time. The right choice depends on your situation—how long you plan to stay in the home, your comfort with payment changes, and what you qualify for. A program that works great for someone else might not be the best fit for you. I help borrowers match their situation to the right loan structure so they're not paying for features they don't need or missing protections they do. Want to understand which programs actually make sense for your goals?

Let's talk through the options that fit your timeline and budget.

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 Jesse Wien team any time and we'll walk you through your options.

Your Mortgage Advisor

Jesse Wien

BARRETT FINANCIAL GROUP LLC

jessewien@barrettfinancial.com

9202573426

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9202573426 | https://www.barrettfinancial.com/jesse-wien

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