10/29/2026
🏛️ The Fed held rates steady yesterday, and mortgage rates barely moved. National averages: 30-year conventional 7.35%, FHA 6.99%, VA 7.00%. That's about a quarter point better than the highs earlier this month.
But read the fine print. Two Fed members wanted another rate hike, the Fed chair called inflation "too high," and markets still expect a hike in December. This morning's inflation (PCE) and GDP reports could push rates either way.
🏡 Here's the opportunity in Central Texas right now: Bell County homes are taking about 83 days to sell, and sales are down nearly 20% from last year. That gives buyers room to negotiate. Before you ask for a price cut, let me show you whether seller-paid closing costs or a rate buydown would lower your monthly payment more. Often it does.
🎖️ VA and FHA buyers near Fort Hood: FHA rates are back under 7% nationally. If you're renewing a lease soon, let's compare what you'd pay to own.
If you're under contract in Killeen, Harker Heights, Copperas Cove, Temple, Belton or Salado and closing in the next 30 days, message me today. Protect a payment that works.
📲 254-813-3138 | Scan the flyer to apply online
Rates shown are national averages, not a quote. Your rate depends on credit, loan-to-value, loan type and costs.
Chris Peña, NMLS # 2496299 | Mortgage Fanatics,
L and Z Financial Services, NMLS # 2309952 | Equal Housing Opportunity
