08/10/2026
๐จ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฅ๐ฎ๐๐ฒ๐ ๐ง๐ผ๐ฑ๐ฎ๐! ๐จ
๐ ๐ฅ๐ฎ๐๐ฒ๐ ๐ ๐ผ๐๐ฒ ๐๐ผ๐๐ฒ๐ฟ ๐๐ ๐๐๐๐ฒ๐ฟ๐ ๐ฆ๐๐ฎ๐ฟ๐ ๐ง๐ต๐ฒ ๐ช๐ฒ๐ฒ๐ธ ๐
Mortgage rates moved lower today across conventional, FHA, and VA loans. While mortgage-backed securities (MBS) slipped slightly, the expected impact on mortgage pricing remains minimal.
๐ ๐ง๐ผ๐ฑ๐ฎ๐'๐ ๐ฅ๐ฎ๐๐ฒ๐ (August 10, 2026):
30-Year Fixed: 6.74% โ estimated payment: $1,620/mo
30-Year FHA: 6.28% โ estimated payment: $1,544/mo
30-Year VA: 6.30% โ estimated payment: $1,547/mo
(Estimates based on a $250,000 loan amount. Taxes and insurance not included. Actual rates vary based on credit score, loan type, debt-to-income ratio, and down payment.)
๐ ๐ง๐ผ๐ฑ๐ฎ๐โ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ:
MBS prices moved down slightly today, which is expected to have minimal impact on mortgage rates. Meanwhile, today's quoted rates are lower, with FHA and VA both dropping 0.05 percentage points and the 30-year fixed declining 0.03.
๐ก ๐ช๐ต๐ฎ๐ ๐๐ผ๐ฒ๐ ๐ง๐ต๐ถ๐ ๐ ๐ฒ๐ฎ๐ป ๐๐ผ๐ฟ ๐๐๐๐ฒ๐ฟ๐?
Lower rates can improve monthly affordability, but waiting for the โperfectโ rate isn't always the best strategy. Purchase price, seller concessions, loan structure, and negotiation can have just as much impact on your overall cost.
๐ก ๐ง๐ต๐ฒ ๐๐ฒ๐๐ ๐๐๐๐ฒ๐ฟ๐ ๐๐ฎ๐๐ฒ ๐ ๐ฃ๐น๐ฎ๐ป
Whether you're buying your first home, upgrading, or investing, knowing your numbers puts you in a stronger position. When the right home appears, preparation gives you the ability to act confidently.
๐
๐ฆ๐ฐ๐ต๐ฒ๐ฑ๐๐น๐ฒ ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐๐ผ๐ป๐๐๐น๐๐ฎ๐๐ถ๐ผ๐ป!
DM me or schedule your Complimentary Buyer/Seller Consultation here:
https://calendly.com/stevenjennings/buyer-seller-consultation