|
Mortgage Market Update
Jeff Naylor
Naylor Home Loans powered by Barrett Financial Group
Wednesday, September 23, 2026
|
DRB Group to launch two mortgage joint ventures in 2027 |
|
Welcome to your mortgage market update from Jeff Naylor for Wednesday, September 23, 2026. This week we've rounded up the latest news from HousingWire and Mortgage News Daily 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%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.
|
|
|
|
|
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.
|
|
|
HousingWire
DRB Group will launch DRB Mortgage and DRB Home Loans in January 2027 with Acrisure Mortgage and Alta Home Lending
| Key takeaway: DRB Group will launch DRB Mortgage and DRB Home Loans in January 2027 with Acrisure Mortgage and Alta Home Lending |
Read full article →
|
|
Mortgage News Daily
Pending home sales edged higher in August as gains in the South and West offset declines in the Northeast and Midwest. The National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI), which tracks signed contracts on existing homes, increased 0.3% from July but was down 4.7% from a year earlier. The modest increase came despite another period of elevated mortgage rates. NAR Chief Econo
| Key takeaway: Pending home sales edged higher in August as gains in the South and West offset declines in the Northeast and Midwest. |
Read full article →
|
|
HousingWire
Willingness to make affordability-related compromises varies by market
| Key takeaway: Willingness to make affordability-related compromises varies by market |
Read full article →
|
|
Mortgage News Daily
Residential construction was mixed in August as housing starts recovered in the single-family sector, while building permits declined from July levels and completions fell sharply. The latest Census Bureau data points to continued unevenness in residential construction, with builders pulling back somewhat on new authorizations even as single-family construction picked up. Privately owned housing s
| Key takeaway: Residential construction was mixed in August as housing starts recovered in the single-family sector, while building permits declined from July levels and completions fell sharply. |
Read full article →
|
|
Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Jeff Naylor team any time and we'll walk you through your options. |
|
|
|
4800 NW Camas Meadows Drive Ste 260, Camas, WA 98607
503-358-6551 | www.naylorhomeloans.com
You are receiving this from Naylor Home Loans powered by Barrett Financial Group. Unsubscribe
|
