Here’s my Long Hair Black and Red German Shepherd, Chase and Skylar. The Black German Shepherd needs a good homes Laurie and I will adopt him on Friday.

10 year Treasuries tanked today which is great news for mortgage rates. Mortgage rates normally follow 10-year treasury Yields. Rates have skyrocketed the past three weeks where even mortgage rates on government backed loans are 7% plus with discount points.

https://www.cnbc.com/quotes/US10Y

Mortgage rates have shot up in recent weeks, and people with lower scores are being hit with significantly higher rates. It’s wrong to say there are no PAR rates or that anyone with a score below 700 will always get rates in the 7% range with points. Your rate will be determined by the type of loan, your LTV, whether you live in the property,…

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Mortgage Rates Surge in October 2026: Are 7% Rates the New Normal, and Is Another 2008 Housing Crash Coming?

GCA MORTGAGE FORUMS DAILY NEWS | October 15, 2026

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Meta Description: Why are mortgage rates rising? Explore 7% mortgage rates, discount points, 2027 forecasts, and whether another 2008 housing crash…

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What is driving mortgage rates in the past few weeks? I heard there are no PAR rates. If you are under a 700 credit score, you get mortgage rates in the 7s and pay discount points. Is this true? Where are mortgage rates headed? Will we have another financial crash like the one in 2008.

Can You Get Approved for a VA Loan After Chapter 13 Bankruptcy with Late Payments?

Yes, you can get a VA loan through manual underwriting after a Chapter 13 bankruptcy discharge, even with some late payments. Approval is not certain, but the VA underwriter will assess if your credit has improved and if you have enough income to manage the…

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If your credit score is 680 instead of 740, you might pay a higher mortgage rate, especially with a regular loan. How much you save depends on your loan amount, down payment, loan-to-value ratio, mortgage type, and the rate you lock in.

For example, saving $165 each month adds up to about $60,000 over 30 years ($165 x 360 = $59,400). This…

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🏡 VA homebuyers: did you know your appraisal could list repairs that would need to be done prior to closing?

A VA appraisal is not simply about arriving at the market value. The appraiser also checks that the property satisfies the VA’s Minimum Property Requirements (MPRs).

If there are any issues with safety, structure, or sanitation, then…

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Manual, here’s a clear look at your situation and some options that could help you keep your second property.

The Core Problem: The July 2026 Foreclosure

A foreclosure on one property does not always stop you from getting financing on another. It depends on how long ago it happened and how it shows up on your record. Here are the main things to…

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Thanks for your service. You’re up against it at the moment with just 30 days to sort your home and the added stress of the custody issue.

The good news is that a 566 credit score won’t automatically bar you from getting a VA mortgage. The VA doesn’t set a minimum credit score for these loans at all. Some lenders will of course have their…

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GCA MORTGAGE FORUMS DAILY NEWS EDITION | WEDNESDAY, OCTOBER 14, 2026

Mortgage rates are climbing toward 7.5%, leaving homebuyers facing higher payments, expensive points, and a growing affordability crisis.

Mortgage rates are nearing 7.5%, and homebuyers face costly points, rising inflation, and ongoing housing affordability challenges—news as of…

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A credit supplement is a request you make via your credit reporting vendor asking them to add, verify, or update information that is missing, out of date, or inconsistent on the borrower’s tri-merge report. You’d do this if, for example, a trade line is missing from one of the bureaus, a paid collection or judgment is still showing as unpaid,…

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Mortgage rates are out of control. Borrowers with decent credit are paying discount points. Most rates are over 7% plus points.

Here’s the landscape as of today, October 13, 2026. One important framing first: “par” means zero points, zero lender credits — the base note rate. Most of what’s published online isn’t par; it’s either an average APR or a rate that already includes discount points. So I’ll give you the real rates, then flag which ones are…

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What are the par mortgage rates today? Can you please give us the par rates on FHA, VA, USDA, and Conventional loans? How about mortgage rates with lower credit score borrowers?

You’re asking exactly the right question. The good news is your file stands a strong chance, and those 90-day late payments probably aren’t the real hurdle here.

Let me walk you through why that’s the case, and then I’ll tackle your specific questions one by one.

Your direct questions

1. Do we follow FHA guidelines and the automated results as they…

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Hi Gustan,

Email works best for me. I’m in Michigan, looking for a pre-approval, and I need one answer before I send any information or authorize a credit pull. My mortgage score is 592, my wife’s is 653. Up front: I have two 90-day late payments from 2025 (May and July) — one account settled and closed, the other a $420 charge-off that’s still…

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Dear Melissa,

Thank you for reaching out to Gustan Cho Associates. We’re glad to help you explore mortgage options for the home at 374 N Walnut St in Columbia City, IN.

Our goal is to keep your total monthly housing payment around $2,000, and ideally below $2,400. We’re also looking for ways to lower your closing costs.

We work with borrowers who…

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FHA Down Payment Assistance Loan With High DTI: Need Lower Mortgage Payment

A homebuyer in Indiana has had an initial FHA approval (with help for the down payment) and is now looking at various mortgage options as the estimated monthly payments are well in excess of what the borrower can afford.

Borrower and Property Details

• Purchase…

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