These are national mortgage index rates as of October 16, 2026. The 30-year fixed is at 7.28% — down 0.11% from last week, FHA at 7.13%, and VA at 6.93%. For exact rates tailored to your buyers, reach out to your loan officer directly.

Fuente: índices hipotecarios diarios de Optimal Blue vía FRED

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Renovation Loans Open Inventory Your Buyers Have Been Ignoring

The best-kept secret in a low-inventory market is the renovation loan. While your buyers are competing on turnkey properties, there's a whole layer of homes — dated, cosmetically challenged, priced below market — that most buyers skip because they assume they need cash to fix them up. They don't. FHA 203(k) and Fannie Mae HomeStyle loans let buyers finance the purchase and the renovation in a single loan. One closing, one payment. Buyers can borrow up to the after-improved value of the home — which means the renovation essentially pays for itself through equity. I've used this to help buyers turn a $320K fixer into a $410K home at close. The process is more involved than a standard purchase — there's a required contractor bid and a HUD consultant on FHA deals — but I manage that entire process. If you have buyers frustrated by competition on move-in-ready homes, let's open up the conversation about what a renovation loan could unlock for them.

Let's map out what a renovation loan could look like for one of your buyers this week.

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DSCR Investment Loans

Qualify investors on rent, not personal income.

DSCR loans let real estate investors qualify for financing based on the property's rental income — not their personal tax returns or DTI. Ideal for portfolio investors who've maxed out conventional loan counts.

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Keep major renovations in line with your neighborhood. Over-improving for the area limits your return at resale.

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