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Business Partner Update
Josh Jiron
Josh Jiron
Thursday, September 10, 2026
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A Note From Josh Jiron
Home Listing Needs A Quick Facelift?
I now offer a small line of credit loan solution (up to $50,000) designed specifically for sellers who need to make minor repairs or updates before going to market. It’s a simple way to turn “we should fix that first” into a real plan—without the seller needing cash upfront nor having to make monthly payments on this loan. Ask me for details. :)
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Business Partner Update
Lock in rates before the Fed meets next week
Rate Snapshot · Week of September 10, 2026 |
▲ +0.05% |
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Conventional 30-Year
6.76%
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FHA 30-Year
6.62%
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VA 30-Year
6.48%
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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 6.62%, and VA at 6.48%. 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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Mortgage News Daily
The new home market struggled to maintain the momentum seen in June, with sales falling sharply in July and inventory moving higher. The latest Census Bureau and HUD figures point to another month of uneven activity for builders, as buyers continue to contend with affordability constraints and elevated mortgage rates. Sales of new single-family homes fell to a seasonally adjusted annual rate of 60
READ FULL ARTICLE →
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02
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HousingWire
Morales enters the general election as the favorite, and says rent stabilization will be an early priority for City Hall
READ FULL ARTICLE →
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Reverse Mortgage Daily
Reverse Mortgage Daily (RMD) is now a part of HousingWire. Edited by Neil Pierson and the HousingWire Newsroom, RMD provides dedicated reverse mortgage news, insights and commentary. HousingWire is investing in more reverse mortgage news coverage and analysis to provide you with the full picture.
READ FULL ARTICLE →
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Share this link with your buyers — takes about 8 minutes to complete.
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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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4.
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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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7975 N. Hayden Rd. #A-200, Scottsdale, AZ 85258 · 7146248496 · https://canopymortgage.com/lo/JoshJiron/
Buyer Application Link
You are receiving this as a referral partner of Josh Jiron.
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