08/05/2026
๐จ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฅ๐ฎ๐๐ฒ๐ ๐ง๐ผ๐ฑ๐ฎ๐! ๐จ
๐ ๐ฅ๐ฎ๐๐ฒ๐ ๐๐ฎ๐๐ฒ ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐ฅ๐ฒ๐บ๐ฎ๐ถ๐ป ๐ฅ๐ฒ๐น๐ฎ๐๐ถ๐๐ฒ๐น๐ ๐ฆ๐๐ฎ๐ฏ๐น๐ฒ ๐
Mortgage-backed securities (MBS) moved down slightly today, resulting in minimal impact on mortgage rates. While daily fluctuations are expected, today's market continues to provide opportunities for buyers who are financially prepared.
๐ ๐ง๐ผ๐ฑ๐ฎ๐'๐ ๐ฅ๐ฎ๐๐ฒ๐ (August 29, 2026):
30-Year Fixed: 6.75% โ estimated payment: $1,621/mo
30-Year FHA: 6.29% โ estimated payment: $1,546/mo
30-Year VA: 6.31% โ estimated payment: $1,554/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 slipped slightly today, with only a minimal effect on mortgage pricing. Although rates can change daily, short-term movements shouldn't outweigh your long-term homeownership goals.
๐ก ๐ช๐ต๐ฎ๐ ๐๐ผ๐ฒ๐ ๐ง๐ต๐ถ๐ ๐ ๐ฒ๐ฎ๐ป ๐๐ผ๐ฟ ๐๐๐๐ฒ๐ฟ๐?
A small shift in rates rarely changes the overall affordability of a home. The right purchase price, favorable loan terms, and skilled negotiation can often have a greater financial impact than waiting for rates to move slightly. Focus on finding the right home and building a strategy that works for your goals.
๐ก ๐ง๐ต๐ฒ ๐๐ฒ๐๐ ๐๐๐๐ฒ๐ฟ๐ ๐๐ฎ๐๐ฒ ๐ ๐ฃ๐น๐ฎ๐ป
Whether you're buying your first home, upgrading, or investing, understanding your financing options today puts you in a stronger position tomorrow. The buyers who succeed are the ones who are prepared.
๐
๐ฆ๐ฐ๐ต๐ฒ๐ฑ๐๐น๐ฒ ๐ฎ ๐๐ฟ๐ฒ๐ฒ ๐๐ผ๐ป๐๐๐น๐๐ฎ๐๐ถ๐ผ๐ป!
DM me or schedule your Complimentary Buyer/Seller Consultation here:
https://calendly.com/stevenjennings/buyer-seller-consultation