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Wednesday, September 16, 2026 |
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Business Partner Update
Rate Lock Strategies — Mortgage Update for Realtors
Rate Snapshot · Week of September 10, 2026 |
▲ +0.05% |
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Conventional 30-Year
6.76%
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These are national average rates for the week of September 10, 2026. The 30-year fixed is at 6.76% — up 0.05% from last week, FHA at 6.82%, and VA at 6.71%. For exact rates tailored to your buyers, reach out to your loan officer directly.
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From Your Lending Partner
Why Your Buyer's Rate Lock Window Matters More Than Ever
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One of the biggest mistakes I see buyers make right now is waiting too long to lock their rate. With volatility baked into the market, a float can cost more than it saves. Here's what I tell every buyer I work with: once you're in contract and your timeline is clear, we lock. The question is for how long. A 30-day lock works if closing is tight. A 45- or 60-day lock gives you breathing room — and yes, it may cost a touch more upfront, but it eliminates the stress of watching rates tick up the week before close. I also offer a float-down option on some programs, which means if rates drop after locking, the buyer can capture the improvement. This is a real value-add conversation you can have with your clients before they even write an offer. When you set expectations early, you avoid the panicked calls when the market moves. Send me your buyers early and I'll walk them through the options.
Have a buyer worried about rates? Let's talk strategy before they're in contract.
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Happier Homeowners
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 .
Read full article →
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Current Matters
Want to buy a house this year, but not sure if the timing’s right? Seasonally, it may actually be a better time to buy than you expect.]]>
Read full article →
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Current Matters
Summer's winding down, and if you've been thinking about selling, you might be wondering if you missed your chance.]]>
Read full article →
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Did You Know?
HomeReady / Home Possible
Conventional loans designed for moderate-income buyers.
Fannie Mae's HomeReady and Freddie Mac's Home Possible offer 3% down conventional financing with reduced MI rates for income-qualifying buyers — often beating FHA on monthly cost.
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✓3% down with no income limits in low-income census tracts
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✓Reduced private mortgage insurance vs. standard conventional
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✓Boarder and rental income can count toward qualifying
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✓Homebuyer education required — can be done online in a few hours
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Share With Your Buyers
New Construction Purchases
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The builder's in-house lender isn't always the best deal — you have the right to shop.
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Get an independent inspection on new construction — builders make mistakes too.
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Upgrades and options added at the contract stage can often be financed into the loan.
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New build timelines slip — don't give notice on your rental until you have a firm closing date.
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Make sure your real estate agent is present from contract through closing — builders have their own interests.
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Tip of the Week
Gift funds from family can be used toward a down payment on most loan types — your lender will need a simple gift letter.
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303-931-6798 · https://mortgagecma.com/
Book a meeting →
You are receiving this as a referral partner of Mortgage Broker | Cederholm Mortgage Advisors - Edge Home Finance.
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