|
Mortgage Market Update
Giovanni Acosta
Giovanni Acosta
Wednesday, September 16, 2026
|
Your payment has more flexibility than you think |
|
Hi there—this week I want to touch on something borrowers often overlook: the choices you have even after closing.
|
|
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.
|
|
|
|
|
Payment Planning
Your mortgage payment isn't set in stone
A lot of people think once they sign the mortgage papers, their payment is locked in forever. The truth is more flexible. If rates drop significantly, refinancing can lower your payment. If you've built equity, you might have options to tap it without changing your loan. And if your situation has shifted—income went up, debts went down, or you just want to accelerate your payoff—there are moves worth exploring. The key is understanding what's actually possible for your specific loan and goals, rather than assuming you're stuck with what you have now.
|
|
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.
|
|
Tips for Homeowners
VA Loans: Benefits Every Veteran Should Know
|
|
1.
|
VA loans require no down payment and no private mortgage insurance (PMI), making them one of the most powerful home-buying tools available to eligible veterans, active-duty service members, and surviving spouses.
|
|
2.
|
VA loans do require a funding fee (typically 1.25%–3.3% of the loan amount), which can be rolled into the loan. Veterans with a service-connected disability rating may be exempt from this fee.
|
|
3.
|
There's no VA loan limit for eligible borrowers with full entitlement — you can finance as much as a lender will approve. If you've had a prior VA loan, partial entitlement rules may apply.
|
|
|
Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Giovanni Acosta team any time and we'll walk you through your options. |
|
|
|
120 Kisco Ave Suite T, Mount Kisco, NY 10549
www.homepluscapital.com
You are receiving this from Giovanni Acosta. Unsubscribe
|
