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Mortgage Market Update
My Mortgage Company
Kate Kippenberger — Kate Kippenberger
Wednesday, September 2, 2026
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Which mortgage program fits you best? |
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Hi there—I want to make sure you're in the right loan for where you are right now. Not every program works for every person, and that matters.
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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
What loan type is right for your situation?
Not all mortgages are created equal, and the right loan program depends on your goals, timeline, and comfort level. Some borrowers benefit from fixed-rate predictability; others prefer adjustable rates if they plan to sell or refinance soon. First-time buyers often have access to programs with lower down payment requirements. Existing homeowners might qualify for programs that leverage their equity. The wrong choice can cost you thousands over time—or make homeownership unnecessary difficult. I'd like to walk you through your options and help you understand which program actually fits your life, not just the one with the lowest rate on paper. Let's talk about which loan program makes the most sense 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 My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Kate Kippenberger — Kate Kippenberger
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