Protecting Your New Home’s Exterior After The Fed’s September Rate Hike
Exterior upkeep on a new house is now a budgeting question. Plan the repair money on purpose instead of borrowing in a hurry.
Dated market commentary from Lendmire’s founder and CEO.
Exterior upkeep on a new house is now a budgeting question. Plan the repair money on purpose instead of borrowing in a hurry.
Freddie Mac’s 30-year average has now risen six weeks in a row. Budget for a higher payment than the spring checklist assumed.
As of September 26, 2026, Freddie Mac’s survey put the 30-year fixed at 7.03% for the week of September 24.
As of September 26, 2026, Freddie Mac’s survey for the week of September 24 put the 30-year fixed at 7.03%, its fourth straight weekly increase.
That includes HELOCs and adjustable mortgages. Record equity is real, but borrowing against it is the expensive part this fall.
The Busy Homebuying Season Fades As Rates Climb And Inventory Builds: what borrowers need to know about the current mortgage market, from Lendmire.
Paying For Home Maintenance With A HELOC After The Fed’s September Hike: what borrowers need to know about the current mortgage market, from Lendmire.
Freddie Mac’s 30-year average has risen four straight weekly releases. Supply is at a ten-year high by one measure, and builders are cutting prices.
Mortgage Myths Worth Dropping This September As Rates Keep Climbing — Mortgage rates have risen for four straight weeks.
Buyers who come out ahead this fall will rebuild their budgets at today’s cost of money and hold more cash for closing.
Supply is the highest in over a decade, and builders are cutting prices. But financing costs have risen four straight weeks, according to Freddie Mac.
A low-down-payment FHA loan still gets a buyer in the door, but the monthly payment now decides the deal as much as the down payment does.
Fixed-rate loans cost more to lock. Adjustable-rate loans and home equity lines float with a higher benchmark.
A well-kept house stands out in that crowd. Owners hold record equity, but money borrowed against it on a floating rate just got more expensive.
Freddie Mac’s survey has the 30-year fixed average up four straight weeks, and the Fed raised its target range on September 16.