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Mortgage Market Update
Ashley Zierer
Ashley Zierer
Thursday, September 3, 2026
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What type of mortgage fits you best? |
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Hi there—this week I want to talk about something that doesn't always get enough attention: the kind of loan you choose matters as much as the rate itself.
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National Mortgage Rates · August 27, 2026
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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.
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Loan Programs
Not all mortgages are created equal
When you're shopping for a mortgage, you'll hear about fixed rates, adjustables, FHA loans, conventional financing, and more. Each one works differently and suits different situations. The loan program you choose affects not just your monthly payment, but how much flexibility you have down the road and what happens to your rate over time. Understanding your options helps you pick the one that actually fits your life, not just the one with the lowest number this week. I'd love to walk you through what makes sense for your goals. Reach out and let's talk about which loan program might work best for you.
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Tip of the Week
Schedule a plumber to inspect older homes for slow leaks — water damage is expensive and often hidden until it's serious.
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Tips for Homeowners
Jumbo Loans: What They Are and How They Work
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1.
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A jumbo loan exceeds the conforming loan limit set by the FHFA — $766,550 in most areas for 2024, higher in designated high-cost markets. These loans can't be sold to Fannie Mae or Freddie Mac.
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2.
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Jumbo loans typically require stronger credit (often 700+), larger down payments (10–20%), and more cash reserves. Underwriting is more thorough and can take longer.
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3.
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Rates on jumbo loans are sometimes comparable to or even lower than conforming rates, depending on market conditions. Don't assume a jumbo loan means a worse deal — shop lenders.
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Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Ashley Zierer team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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Ashley Zierer
Ashley Zierer
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