| |
 |
Monday, September 21, 2026 |
|
|
Mortgage Market Update
2026 Condo Financing Changes for
Welcome to your mortgage market update from Paul Cederholm for Monday, September 21, 2026. This week we've rounded up the latest news from Smarter Mortgage Strategies and Real Estate - Keeping Current Matters so you have everything you need in one place. Read on for the stories that matter most to homebuyers and homeowners right now.
|
|
|
|
National Mortgage Rates · September 17, 2026
|
Conventional 30-Year
6.95%
|
|
|
|
%22%2C%22fill%22%3Atrue%2C%22tension%22%3A0.4%2C%22pointRadius%22%3A4%2C%22pointBackgroundColor%22%3A%22%230a1a46%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.
|
| | |
|
Home Equity
You May Have More Home Equity Than You Think
Home values in most areas have climbed over the past few years, and that means many homeowners are sitting on more equity than they realize. Equity is simply the difference between what your home is worth and what you still owe — and it's one of the most useful financial tools you have. You can tap it to consolidate higher-interest debt, fund a renovation, or cover a big expense, often at a much lower rate than a credit card or personal loan. The first step is knowing your number. A quick review of your current balance and an updated value estimate tells us how much you have to work with and what options make sense. No pressure — just a clear picture of where you stand.
|
|
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.
|
|
|
Smarter Mortgage Strategies
|
Beginning August 3, 2026, Fannie Mae Limited Review and Freddie Mac Streamlined Review are being retired. Here is what the new condo project review process means for buyers, Realtors, homeowners, and investors. The post 2026 Condo Financing Changes for appeared first on Denver Mortgage Broker | Cederholm Mortgage Advisors .
| Key takeaway: Beginning August 3, 2026, Fannie Mae Limited Review and Freddie Mac Streamlined Review are being retired. |
|
|
Real Estate - Keeping Current Matters
|
If you're trying to buy a home, affordability is probably what keeps you up at night. ]]>
| Key takeaway: If you're trying to buy a home, affordability is probably what keeps you up at night. |
|
|
|
Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Paul Cederholm team any time and we'll walk you through your options.
|
|
303-931-6798
Mortgage Broker | Cederholm Mortgage Advisors - Edge Home Finance · Unsubscribe
|
|
