Kathy Hessberger - Mortgage Advisor

07/27/2026

Mortgage rates ticked up again this week, with Freddie Mac's 30-year fixed conventional at 6.76% (VA and FHA typically running slightly under that). Rates have climbed two weeks in a row, largely due to rising oil prices and renewed U.S.–Iran tensions pushing Treasury yields higher.

All eyes are now on the Fed's July 28–29 meeting. Most economists still expect the Fed to hold its benchmark rate steady, but inflation concerns tied to the Middle East situation could keep mortgage rates choppy in the near term regardless of what the Fed decides.

My take: volatility like this often creates a window. Buyers who move now may find more room to negotiate seller concessions while other buyers wait on the sidelines. That said, no one — including me — can predict with certainty where rates or home values go from here, especially with geopolitical factors in play. If you're weighing your options, I'm happy to run the numbers with you so you can decide what makes sense for your situation.

Kathy Hessberger NMLS #168770 SupremeLending

07/22/2026

$50,000 Down Payment Assistance is Back for anyone buying in Montgomery County Maryland.

Great opportunity to assist with down payment, closing cost and you can use the funds to buy the rate down.

One of my Borrower is already under contract waiting for the Appraisal to come in. Are you Ready for Homeownership?

07/17/2026

June inflation data came in softer than expected, but mortgage rates have remained elevated as global uncertainty continues to influence financial markets.

If you've been waiting to buy a home, don't let today's rates be the only factor in your decision. Market conditions can change quickly, and there are loan programs available that may help make homeownership more affordable right now.

Let's discuss your goals and explore your options so you can make the best decision for your situation.

Call now to connect with business.

07/17/2026

Two updates VA buyers and homeowners should know

#1 Appraisal requirements updated
VA revised Minimum Property Requirements to cut delays and remove outdated rules, helping veteran buyers move faster in a competitive market.

Radon
Pre-1978 standards
Detached improvements
Non-vented heaters
The average VA appraisal takes 7 days , as of May 31

#2
Partial-Claim Program launched
Servicers identify eligible veterans in default, place them on a three-month trial payment plan, then use a partial claim to bring the loan current and help avoid foreclosure.

173,000 veterans helped avoid foreclosure, FY2025

07/09/2026

If you've been waiting for rate to decrease to buy? Now may be your best option for a long time. FED has moved the market. Rate should be less of a concern versus what are you comfortable paying to start growing equity.

June FOMC meeting: Fed officials are divided: Some believe inflation could cool and justify lower rates while others believe inflation remains a threat and rates may need to move higher.

Heading into the next Fed meeting (July 28–29): "The Fed is expected to hold rates at the end of July, but has shifted from possible cuts to whether inflation could force rates higher. Waiting for lower rates is no longer a one-way bet."

If rates move higher later this year, a 0.25% Fed hike does not automatically translate into a 0.25% mortgage rate increase, but it often puts upward pressure on borrowing costs and Treasury yields.

06/22/2026

Recent updates to condo financing guidelines are creating new opportunities for buyers.

Expanded eligibility for certain small condo projects, increased flexibility for some investment properties, and updated insurance requirements may help reduce common approval and closing challenges.

If you are considering purchasing a condo, these changes may make financing more accessible depending on the project and your qualifications.

Reach out to learn how updated guidelines could support your homeownership or investment goals.

Loan program conditions apply. Not all borrowers or condo projects will qualify. This is not a commitment to lend. Rates, terms, and availability may vary.

Everett Financial, Inc. dba Supreme Lending, NMLS ID #2129
(www.nmlsconsumeraccess.org), ©2026 Equal Housing Opportunity.

06/15/2026

06/11/2026

I see this happen often.

A buyer finds the right home. 🏡
The VA OR FHA inspection brings up repairs.
The deal feels like it is falling apart.

In many cases, a VA Renovation or FHA 203k renovation loan can allow buyers to move forward, complete repairs after closing, and create a stronger long-term investment.

Before walking away from a home you love, it is worth understanding your financing options.
Reach out and I can review your scenario. 📝

Loan program eligibility, terms, and conditions apply. Not all borrowers will qualify. This is not a commitment to lend. Rates, terms, and availability may vary. kathyhessberger.supremelendinglo.com

Everett Financial, Inc. dba Supreme Lending, NMLS ID #2129
(www.nmlsconsumeraccess.org), ©2026 Equal Housing Opportunity.

06/08/2026

Imagine 100% financing and additional funds to renovate or take care of issues found in the property inspection or appraisal

VA Renovation loans are designed to help eligible veterans and service members improve a home while using their VA loan benefits. 🇺🇸

This program allows renovation costs to be included in the VA loan, eliminating the need for separate financing or large out-of-pocket expenses after closing. It may be used for repairs or improvements that make a home safer, more functional, or better suited to the borrower’s needs.

At Supreme Lending, VA renovation loans are handled with detailed planning to ensure the renovation scope, timelines, and VA guidelines align from the start. 📝

This option may be especially helpful when a home needs updates but VA financing is the preferred path. https://kathyhessberger.supremelendinglo.com/

VA Renovation loans are subject to loan program guidelines, borrower eligibility, and property requirements. Not all borrowers or properties will qualify. This is not a commitment to lend. Rates, terms, and availability may vary.

Everett Financial, Inc. dba Supreme Lending, NMLS ID #2129
(www.nmlsconsumeraccess.org), ©2026 Equal Housing Opportunity.

06/06/2026

One of the biggest mistakes buyers make is choosing a better house in the wrong location.

You can update kitchens.
You can change flooring.
You can open walls and redesign space...... even add a swimming pool

But you cannot move the neighborhood. 🏡

Renovation loans allow you to purchase in the area you truly want and finance improvements into the mortgage. Speak with me about all of the financial options available to you.
https://kathyhessberger.supremelendinglo.com/

If you have been compromising on location, let’s talk through renovation options.

Message me to learn more. 📩 301-455-4944

Loan program eligibility, terms, and conditions apply. Not all borrowers will qualify. This is not a commitment to lend. Rates, terms, and availability may vary.

Everett Financial, Inc. dba Supreme Lending, NMLS ID #2129
(www.nmlsconsumeraccess.org), ©2026 Equal Housing Opportunity.