Sunrise Homes & Renovations, Inc.

What’s Ahead For Mortgage Rates This Week – August 31st, 2026

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The PCE Index has remained above the Federal Reserve’s target and continues to be the Federal Reserve’s preferred measure for tracking inflation. Although the latest reading was not significantly above expectations, when considered alongside a number of other factors, it could contribute to the potential for a rate increase, particularly as the PCE Index has repeatedly come in higher than expected in recent months.

At the Jackson Hole Symposium, the Federal Reserve commented that it remains committed to bringing inflation back to its 2% target. The Fed additionally stated that it would no longer provide forward guidance on future rate decisions, signaling a change in its communication approach going forward.

PCE Index
The U.S. PCE price index rose 0.4% month-over-month in May 2026, matching April’s increase and coming in below market expectations of a 0.5% advance. Goods inflation eased to 0.4% from 0.7%, while services inflation rose to 0.5% from 0.3% in each of the previous two months.

The core PCE index, which excludes food and energy, increased 0.3%, the same as an upwardly revised 0.3% in the previous month and in line with market forecasts. On an annual basis, headline PCE inflation accelerated for a third consecutive month to 4.1% from 3.8%, in line with expectations and marking the highest level since April 2023.

Core PCE inflation edged up to 3.4% from 3.3%, also in line with forecasts and reaching its highest level since October 2023. At its June 2026 meeting, the Federal Reserve raised its inflation forecasts, projecting PCE inflation at 3.6% and core PCE inflation at 3.3% for the year, both remaining well above the central bank’s 2% target.

Primary Mortgage Market Survey Index

  • 15-Year FRM rates saw an increase of 0.03%, bringing the current rate to 5.98%.
  • 30-Year FRM rates saw an increase of 0.01%, bringing the current rate to 6.66%.

MND Rate Index

  • 30-Year FHA rates saw an increase of 0.04%, with current rate at 6.37%.
  • 30-Year VA rates saw an increase of 0.02%, with current rate at 6.37%.

Jobless Claims
Initial Claims were reported to be 225,000 compared to the expected claims of 205,000. The previous week landed at 209,000.

What’s Ahead
Non-farm Payrolls are set to be the highest-impact data release in the week ahead, with unemployment and manufacturing data also set to follow.

What to Consider Before Buying a Home With a Pool

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A backyard pool can make a home feel like a private retreat. For buyers who enjoy swimming, entertaining, or spending time outdoors, it may be a major selling point. Before falling in love with the idea, however, it is important to understand the maintenance, expenses, and responsibilities that come with pool ownership.

Inspect the Pool’s Condition
The appearance of the water does not tell you everything about the condition of a pool. Pumps, filters, heaters, plumbing, surfaces, lighting, and other equipment may eventually require maintenance or replacement.

Consider having the pool evaluated by an experienced professional so you have a clearer understanding of its current condition.

Understand Ongoing Expenses
Pools create expenses beyond the initial home purchase. Water, electricity, chemicals, routine cleaning, equipment maintenance, and occasional repairs should all be considered.

If you plan to hire a pool service rather than maintain it yourself, include that expense when estimating your monthly homeownership budget.

Ask About Safety Features
Safety should be a priority for any household with a pool. Look at fencing, gates, covers, alarms, lighting, and the overall design of the pool area.

Requirements vary by location, so buyers should understand applicable local regulations and determine whether additional safety improvements may be appropriate for their household.

Consider Insurance
A pool may affect homeowners insurance requirements or costs. Contact your insurance professional before purchasing so you understand how the pool could affect your coverage and whether additional liability protection should be considered.

Think About How Much You Will Use It
A pool provides the greatest value when it fits your lifestyle. Consider the local climate, how often you realistically expect to swim, and whether you enjoy the maintenance responsibilities that accompany it.
For some buyers, a pool becomes the centerpiece of outdoor living. For others, the maintenance eventually outweighs the enjoyment.

Buying a home with a pool can be a wonderful decision when you understand what ownership involves. Evaluating its condition, ongoing costs, safety considerations, and how well it fits your lifestyle can help you determine whether that backyard retreat is truly the right addition to your next home.

How Mature Trees Can Affect a Home Purchase

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Large, established trees can make a property feel beautiful and inviting. They may provide shade, privacy, character, and an established landscape that would take years to recreate. But mature trees also come with responsibilities that buyers should consider before purchasing a home.

Look at the Condition of the Trees
A healthy mature tree can be a valuable part of a property, while a damaged or diseased tree may eventually require professional attention or removal.

Look for large dead branches, visible decay, significant leaning, damaged trunks, or other unusual conditions. When concerns arise, a qualified tree professional can provide a more informed evaluation.

Consider Their Location
Pay attention to how close large trees are to the house, driveway, fencing, utility lines, and neighboring properties. Branches may eventually need trimming, while roots can sometimes affect nearby landscaping, walkways, pavement, or underground systems. Location matters just as much as the size of the tree.

Think About Ongoing Maintenance
Mature landscaping requires care. Depending on the property and climate, trees may need pruning, pest treatment, irrigation, cleanup, or periodic professional evaluation.
Ask yourself whether you are comfortable with those responsibilities and whether potential maintenance expenses fit your homeownership budget.

Appreciate the Benefits
Trees are not simply a maintenance consideration. Strategically located mature trees can provide valuable shade during warm months, create privacy from neighboring homes, reduce glare, and make outdoor spaces more enjoyable.

They can also contribute significantly to the character and visual appeal that attracts buyers to an established neighborhood.

Understand Local Rules
Some communities have regulations governing the removal or significant trimming of certain trees. Homeowners associations may also have landscaping requirements. Before assuming you can remove a tree after purchasing the property, find out whether restrictions apply.

Mature trees can be one of the most appealing features of a home, but they deserve the same careful evaluation as other parts of the property. Understanding their health, location, maintenance needs, and benefits can help you determine whether the landscaping enhances the home in a way that works for you.

What Buyers Should Know About Shared Driveways

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A shared driveway may seem like a minor detail when you are focused on a home’s layout, condition, and location. However, because the driveway is used by more than one property owner, it is important to understand exactly how access, maintenance, and responsibilities are handled before you buy.

Understand Who Owns the Driveway
A shared driveway does not always mean both homeowners own equal portions of it. In some cases, one property owns the driveway while a neighboring property has a legal right to use part of it through an easement. In others, ownership may be divided between properties.

Ask your real estate professional to help you identify the available property records, surveys, easements, or agreements that explain how the driveway is owned and used.

Review Any Written Agreements
Ideally, responsibilities for a shared driveway are documented in writing. An agreement may explain who is responsible for repairs, maintenance, snow removal, resurfacing, drainage, or other expenses.
Knowing these expectations before purchasing can help prevent disagreements with neighboring property owners later.

Consider Everyday Use
Think about how the driveway functions during normal daily life. Can both households enter and exit comfortably? Is there enough room for vehicles to pass? Could parked cars block access?
Visit the property when neighboring residents are home if possible. Seeing how the driveway functions when multiple vehicles are present may reveal practical considerations that are not obvious during a quiet showing.

Look at Its Condition
Inspect the driveway for cracks, drainage problems, uneven surfaces, potholes, or other signs that repairs may eventually be necessary. If significant work is needed, find out how those costs would typically be divided.

Think About Your Lifestyle
Shared spaces require some cooperation between neighbors. If you regularly have multiple vehicles, entertain guests, own recreational equipment, or need frequent deliveries, consider whether the driveway arrangement will comfortably accommodate your lifestyle.

A shared driveway does not have to be a negative feature. Many homeowners use them without any problems. The important thing is understanding the ownership, access rights, maintenance responsibilities, and everyday logistics before making your decision.

How to Evaluate a Home’s Energy Efficiency Before You Buy

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When shopping for a home, buyers naturally pay attention to the kitchen, bedrooms, bathrooms, and overall condition of the property. But energy efficiency can have a significant impact on what it actually costs to live in the home. Taking a closer look at how efficiently a property uses energy can help you anticipate monthly expenses and identify improvements you may want to make after purchasing.

Look at the Windows and Doors
Older or poorly sealed windows and doors can allow heated or cooled air to escape, making the home more expensive to keep comfortable. Look for drafts, damaged weatherstripping, condensation between windowpanes, or noticeably older single-pane windows. Newer energy-efficient windows can be beneficial, but properly maintained existing windows may also perform well.

Ask About the HVAC System
Heating and cooling often represent a significant portion of a household’s energy use. Ask about the age of the furnace, air conditioner, or heat pump and whether the system has been regularly serviced. An older system does not automatically mean it needs replacement, but knowing its age and condition can help you anticipate future maintenance or upgrade costs.

Check the Home’s Insulation
Insulation helps maintain a consistent indoor temperature by reducing heat transfer between the home and the outdoors. Ask about insulation in the attic, walls, and other accessible areas. Insufficient insulation can make certain rooms uncomfortable and cause heating or cooling systems to work harder.

Review Previous Utility Costs
If available, previous utility bills can provide useful insight into the home’s typical energy consumption. Keep in mind that costs vary depending on household size, personal habits, weather, and utility rates, but the information can still help you understand what to expect.

Pay Attention to Appliances and Lighting
Major appliances can also influence energy consumption. Look at the approximate age and condition of refrigerators, dishwashers, water heaters, washers, and dryers that will remain with the property. Energy-efficient lighting and programmable or smart thermostats may provide additional opportunities for savings.

Think Beyond the Purchase Price
Two similarly priced homes can have very different ongoing operating costs. Evaluating energy efficiency before you buy gives you another way to compare properties and understand the true cost of homeownership.

A beautiful home should also be comfortable and practical to maintain. Looking beyond cosmetic features and considering energy performance can help you choose a property that works for both your lifestyle and your budget.

What’s Ahead For Mortgage Rates This Week – August 24th, 2026

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The latest FOMC minutes reinforced the Federal Reserve’s continued focus on price stability, with policymakers voting to maintain the current federal funds rate for the time being. However, the path forward remains uncertain, particularly as persistent inflation continues to complicate the case for additional rate cuts. In fact, several policymakers have indicated greater concern about inflation and favored tighter monetary policy at the most recent meeting.

With the more recent departure of former Fed Chair Jerome Powell, there is a lot of uncertainty about where the Federal Reserve will move under the current administration. There is also a lot of speculation about further interest rate cuts, although such cuts may be difficult to justify given current inflation rates. Leading economic indicators have shown positive results, suggesting that the economy is growing, but many sectors are still hurting, with employment conditions weaker in some areas.

Leading Economic Indicators
The Conference Board Leading Economic Index (LEI) for the US increased by 0.2% in July 2026 to 99.5, after an upwardly revised decline of 0.1% in June. As a result, the LEI’s six-month growth rate turned positive, to an increase of 0.2% between January and July 2026, a sharp reversal from its 1.3% contraction over the previous six months.

Primary Mortgage Market Survey Index

  • 15-Year FRM rates saw a decrease of -0.01%, bringing the current rate to 5.95%.
  • 30-Year FRM rates saw a decrease of -0.02%, bringing the current rate to 6.65%.

MND Rate Index

  • 30-Year FHA rates saw an increase of 0.04%, with current rate at 6.33%.
  • 30-Year VA rates saw an increase of 0.04%, with current rate at 6.35%.

Jobless Claims
Initial Claims were reported to be 210,000 compared to the expected claims of 205,000. The previous week landed at 200,000.

What’s Ahead
PCE Index coming up this week as the leading inflation report for the Federal Reserve.