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Mortgage Market Update
Ashley Zierer
Ashley Zierer
Wednesday, September 2, 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
Your mortgage interest may be tax-deductible if you itemize. Check with your tax professional to see if it benefits you.
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Tips for Homeowners
Understanding Mortgage Points
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1.
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One mortgage point equals 1% of your loan amount. Paying points ("buying down the rate") reduces your interest rate — typically 0.25% per point, though this varies by lender and market.
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2.
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Calculate your break-even: divide the cost of the points by your monthly savings. If it takes 4 years to break even and you plan to stay 10 years, buying points makes sense.
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3.
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Points paid on a home purchase are generally tax-deductible in the year paid (if you itemize). Points on a refinance must be deducted over the life of the loan.
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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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