Instagram TODAY’S MORTGAGE RATES Mortgage Rates improved again this week with the Mortgage Backed Security…
BREAKING: Conforming Loan Limits Increased to $832,750
TODAY’S MORTGAGE RATES
Mortgage Rates stayed the same over
the past week with the Mortgage
Backed Security (MBS) market trading
up +1 bps over the past 7 days
Here are your Average Mortgage
Rates across the country according
to Mortgage News Daily.
A 30 Year Fixed Conventional Rate at
6.31% – equates to a $619.62 Principal
and Interest Payment per $100,000 in
Loan Amount. If you would like me to put
together scenarios for your situation, feel
free to contact me or use my Free
Mortgage Calculator below:
Mortgage Calculator – Green Home Loans
The big news last week was the
Producer Price Index (PPI). Year over
Year Producer inflation rose to 2.7%
– in line with estimates.
The big news this week will be
Friday’s PCE inflation report.
The market is expecting another
FED rate cut on December 10th,
with the current probability of rate
cut sitting at 87.4% according to
FEDWatch Tool.
There are a lot of characteristics
that go into a mortgage rate –
credit score, investor, loan to
value, loan amount, costs, etc.
Please call me to go over your specific
scenario so we can price your loan
out accurately.
Or you can get a Free Mortgage Quote
or Apply for a Mortgage with the links below.
Thank You!
OR
2026 CONFORMING LOAN LIMITS RELEASED
The new conforming loan limit has
been released for 2026.
For one-unit properties, the conforming
loan limit now sits at $832,750.
This means you can use a conforming
loan at 3% down with a $858,505
purchase price. You can use a
conforming loan at 5% down with
a $876,578 purchase price.
This is available immediately.
Conforming loans conform to Fannie Mae
and Freddie Mac guidelines. They have
great rates and only require 3% down
for first time home buyers and clients
eligible for home affordable products.
Conforming loans require 5% down
for non-first-time home buyers.
Many conforming loans can be combined
with a grant or 2nd mortgage to help with
lowering the down payment even further.
Contact me if you would like to see
what you are eligible for.
Some areas like California and New
York that have higher priced homes
have a high balance conforming loan
limit. A high balance conforming loan
extends past the National Conforming
Loan Limits.
To check where your counties conforming
loan limit sits – click below.
https://www.fhfa.gov/document/data/fullcountyloanlimitlist2026_hera-based_final_flat.xlsx
Hope you have a fantastic week!!
