Category: Latest Posts

Labor Day in the United States celebrates the contributions of workers everywhere, while also unofficially marking the final big summer weekend before fall takes over.
It’s known for backyard barbecues, road trips, and that classic tradition of buying things you didn’t know you needed because “it’s on sale.”
Beaches, parks, and grills reach peak activity as everyone tries to squeeze every last drop of summer fun out of the long weekend.
Happy Labor Day! Wishing you a fun, easygoing weekend filled with good vibes, great food, and absolutely no thoughts about Monday.

There’s a promising proposal on the horizon that could make mortgage relief a bit less complicated for homeowners. Instead of creating a separate interest-free lien when missed-payment assistance is needed, FHA is considering a change that would keep repayment documentation within the homeowner’s existing insured loan. Why does this matter? When it comes time to sell, refinance, assume, or transfer property, a separate lien often means more paperwork, title questions, and an extra step to coordinate payoff—potential hurdles for both buyers and sellers.

The proposed approach would still require repayment, but it could make the process smoother by removing the need to resolve a subordinate second lien. As an agent who believes in seamless, informed transactions, I always recommend discussing any past mortgage relief with your sellers early on, and looping in the title company and lender before any title issues arise.

If approved, this demonstration program would run for five years and apply to standalone claims, modifications, or payment supplements, with comments open until September 3. My commitment remains to help clients navigate every step with clarity and confidence—so you can focus on your goals, not unnecessary complications.

Slide 1
Experts predict mortgage rates will hover around mid-6% through most of 2026.

Slide 2
Fannie Mae forecasts 6.5% by end-2025, easing to 6.1% by end-2026.

Slide 3
MBA and NAR project 6.7% by late 2025, gradually dipping to 6.0–6.5% in 2026.

Slide 4
NAHB sees 6.6% now, moving slowly down to 6.32% next year.

Slide 5
Deloitte and Goldman Sachs tie rates to Treasury yields, expecting 6.0–6.2% for 2026.

US mortgage application volume stayed nearly flat recently, as steady borrowing costs gave both buyers and refinancers little fresh incentive to make a move.
Purchase activity led the slowdown, with applications ↓2% on a seasonally adjusted basis and ↓3% unadjusted from the previous reading across the US.
Refinance activity provided limited support, with the index ↑2% and the refinance share near 42%, while larger-balance borrowers remained less likely to act.
Affordability pressures and economic uncertainty pushed some buyers to delay decisions, although VA applications offered a modest bright spot as their share hit 12.6%.
Mortgage pricing changed little, and with the 30-yr conforming rate near 7% and no central bank rate cuts expected through 2026, patience remained key.