Sunrise Homes & Renovations, Inc.

What’s Ahead For Mortgage Rates This Week – September 14th, 2026

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While CPI data has come in within expectations for current inflation, inflation remains much higher than in previous years. The rate is holding steady at 2.4%, which is above the Federal Reserve’s 2.0% target. 

There are sectors where cost has seen significant increase and has not been reflected in the CPI due to the more recent changes implemented by the Trump administration. Fuel costs, for example, have seen an upward year-over-year trend that has been exacerbated by the recent war in Iran.

The Fed Beige Book and balance sheet have also shown steady growth and an upward trend as of late. Despite inflation data running counter to this idea, there are still widespread expectations that rates will be cut again.

Consumer Price Index
Consumer prices increased 0.4% in August, while core CPI rose 0.3%. Annual inflation remained at 3.4%, with core inflation easing to 2.4%. While underlying inflation continues to move closer to the Federal Reserve’s 2% target, the monthly increase suggests that inflationary pressures remain persistent.

Producer Price Index
Producer prices increased 0.4% in August, while prices for goods rose 1.1% and services increased 0.1%. Producer prices were up 5.4% from a year ago, indicating continued wholesale inflation pressure. Core PPI, excluding food and energy, increased 0.2% for the month and 4.6% year over year. The stronger headline reading could make the Federal Reserve more cautious about future rate cuts, potentially putting upward pressure on mortgage rates. 

Primary Mortgage Market Survey Index

  • 15-Year FRM rates saw an increase of 0.05%, bringing the current rate to 6.09%.
  • 30-Year FRM rates saw an increase of 0.05%, bringing the current rate to 6.76%.

MND Rate Index

  • 30-Year FHA rates saw an increase of 0.24%, with current rate at 6.68%.
  • 30-Year VA rates saw an increase of 0.24%, with current rate at 6.70%.

Jobless Claims
Initial Claims were reported to be 206,000 compared to the expected claims of 200,000. The previous week landed at 209,000.

What’s Ahead
FOMC is holding an economics projection meeting which should provide forward guidance on policy. Additionally, the Federal Reserve Interest Rate decision happening mid-week, making for a very light week.

Why the Direction a Home Faces Can Matter More Than You Think

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The direction a home faces may not be near the top of your house-hunting checklist, but orientation can influence much more than the view from the front door. Sunlight, indoor temperatures, outdoor spaces, landscaping, and even how certain rooms feel throughout the day can all be affected by the home’s position.

Paying attention to orientation during your search can help you find a property that better fits your preferences.

Notice Where the Natural Light Falls
Think about which rooms receive morning sunlight and which become brighter later in the day. A kitchen filled with morning light may appeal to one buyer, while another may prefer afternoon sunlight in the living room. Touring at only one time of day may not reveal how the home’s lighting changes.

Consider Outdoor Living Areas
Orientation can significantly affect patios, decks, and backyards. A space that feels comfortable during a morning showing could receive intense direct sunlight later in the afternoon.

If outdoor living is important to you, consider when you are most likely to use the space and where the sun will be at that time.

Think About Indoor Comfort
Windows exposed to substantial direct sunlight can influence indoor temperatures. Window coverings, insulation, landscaping, roof overhangs, and energy-efficient windows can all help manage heat and light.

Rather than assuming one orientation is always better, evaluate how the individual home handles its exposure.

Look at the Landscaping
Sun exposure affects which plants thrive around a property. Areas receiving prolonged sunlight may require different landscaping and watering than shaded portions of the yard.
Existing mature trees may also dramatically change the amount of sunlight reaching the home.

Visit More Than Once
If you are seriously considering a property, seeing it at another time of day can provide valuable perspective. Notice how the rooms, backyard, driveway, and exterior feel under different lighting conditions.

There is no universally perfect direction for a home to face. The best orientation depends on the property, climate, surroundings, and your personal preferences. Paying attention to sunlight and orientation can reveal details that photographs and a single showing may never capture.

How to Evaluate a Home’s Garage Before You Buy

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A garage can be easy to treat as an afterthought when you are focused on kitchens, bedrooms, and living spaces. Once you own the home, however, the garage may become an important part of everyday life. Whether you plan to use it for vehicles, storage, hobbies, or a workspace, evaluating it carefully before buying can prevent frustrating surprises later.

Make Sure Your Vehicles Actually Fit
A listing may describe a property as having a two-car or three-car garage, but that does not necessarily tell you how much usable space is available.

Consider the width and depth of the garage as well as the size of the doors. Larger vehicles may technically fit inside while leaving very little room to open doors, walk around the vehicle, or store anything else.

Look at the Available Storage
Pay attention to shelving, cabinets, ceiling height, and wall space. If the garage currently appears spacious because it is empty, imagine how it will function after adding bicycles, tools, seasonal decorations, sports equipment, and household storage.

Inspect the Garage Door
Open and close the garage door during the showing when possible. Listen for unusual noises and look at the tracks, springs, panels, weather stripping, and automatic opener.
A professional home inspection can provide additional information about its condition and operation.

Consider Electrical Needs
If you use power tools, want a workshop, or anticipate charging an electric vehicle, look at the available electrical outlets and panel capacity. Future upgrades may be possible, but understanding what currently exists helps you plan ahead.

Check for Signs of Moisture
Look for water stains, cracks, unusual odors, or evidence of previous moisture intrusion. Pay particular attention to the garage floor, walls, and areas around exterior doors.

Think Beyond Parking
Your needs may change over time. A garage that provides flexible storage or workspace can become increasingly valuable as your household evolves.

The garage may not be the most glamorous part of a home tour, but it deserves careful attention. Evaluating its size, condition, storage, electrical capabilities, and flexibility can help ensure that it works as well for you as the rest of the home.

What Buyers Should Know About Homes on a Cul-de-Sac

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Homes on a cul-de-sac are often appealing to buyers looking for less through traffic and a neighborhood setting that feels more tucked away. The location can offer advantages, but the shape and position of the lot can also create considerations that are easy to overlook during a showing. Before deciding that a cul-de-sac is the perfect location, take time to evaluate how the property actually functions.

Consider the Lot Shape
Cul-de-sac lots are often shaped differently from traditional rectangular lots. Some properties have narrow frontage with a backyard that becomes significantly wider, while others may have unusual property boundaries.

Walk the entire property and consider how the lot shape affects usable outdoor space, fencing, landscaping, parking, and future improvements.

Look Closely at Parking
The curved street can sometimes limit available curb space. If the household has several vehicles or frequently hosts guests, consider whether the driveway and surrounding street provide enough practical parking.

Pay attention to neighboring driveways, fire hydrants, mailboxes, and other features that could further reduce street parking.

Think About Traffic Differently
One attraction of a cul-de-sac is that vehicles generally enter because they are visiting a home on that street rather than passing through to another destination. However, every neighborhood is different.
Visit at different times to see how residents, delivery vehicles, children playing outside, and guest parking affect the street.

Evaluate Privacy
Some cul-de-sac properties provide excellent backyard privacy, while others may border several neighboring yards because of the fan-shaped lot configuration. Look beyond the front of the home and consider sightlines from neighboring properties.

Consider Everyday Convenience
A quiet location may mean being farther inside a subdivision. Think about how that affects your commute, walking routes, school transportation, snow removal where applicable, and access to the neighborhood entrance.

A cul-de-sac can be an excellent setting for the right buyer, but the street itself should not be the only deciding factor. Evaluating the lot, parking, privacy, traffic, and everyday convenience can help you determine whether the property truly fits your lifestyle.

What’s Ahead For Mortgage Rates This Week – September 8th, 2026

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The Non-farm Payroll figures are a strong indicator of the job market and showed a notable increase this quarter. However, this doesn’t necessarily indicate a significant shift in the job market as a whole, as certain sectors have experienced outsized impacts compared to others. JOLTs job openings data does support the increase in openings seen over the last quarter, though it is not among the largest indicators on the broader economic scale.

Non-farm Payrolls
The +162,000 jobs was considerably stronger than the 31,000 average monthly gain over the preceding 12 months. Food services added 59K and local-government education added 42K, while information employment fell 23K.

JOLTs Job Openings
The number of job openings was little changed at 7.3 million in July, the U.S. Bureau of Labor Statistics reported today. Hires and total separations both changed little at 5.1 million. Within separations, quits (3.1 million) and layoffs and discharges (1.7 million) were little changed. 

Primary Mortgage Market Survey Index

  • 15-Year FRM rates saw an increase of 0.06%, bringing the current rate to 6.04%.
  • 30-Year FRM rates saw an increase of 0.05%, bringing the current rate to 6.71%.

MND Rate Index

  • 30-Year FHA rates saw an increase of 0.07%, with current rate at 6.44%.
  • 30-Year VA rates saw an increase of 0.09%, with current rate at 6.46%.

Jobless Claims
Initial Claims were reported to be 200,000 compared to the expected claims of 209,000. The previous week landed at 215,000.

What’s Ahead
PPI and CPI inflation data are set to be released mid-week, along with other notable economic releases, including the Federal Reserve Balance Sheet and Consumer Credit data.

What Costs Can You Expect When Selling Your Home? Let’s Take a Look

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What Costs Can You Expect When Selling Your Home? Let's Take a LookFor many people, putting their home up for sale is an exciting time. With real estate on the rise, there are plenty of opportunities to see financial gains. Unfortunately, even if you’re selling your home, there are still going to be costs involved before ownership is transferred. If you want to be prepared for what to expect, here are some costs to watch out for.

Real Estate Agent Fees

As with buying a home, there will be costs involved in selling your home with an agent who will take a percentage out of the total sale of your home. Fortunately, while this will cost money, utilizing a real estate agent will probably garner you more money than you would have been able to get by putting your home on the market yourself. If you do want a better deal, it may be worth talking to your agent and seeing if they’re willing to negotiate on their percentage.

Agreed-Upon Closing Costs

It’s not uncommon nowadays for homebuyers to request their closing costs be paid by the seller in order to secure a deal, but it’s worth understanding what these fees may consist of. While there may be fees for the home appraisal, property transfer, and title insurance, there may also be maintenance costs you’ll have to take on following the home inspection. As a result, it can be important to do any home touch-ups before you’ve set a date for the open house as these can lower the offers on your home.

Moving Costs

Even if you have a big truck and a lot of heavy lifters in your family, there’s a good chance that you’re still going to require a moving company to take care of many of your items. You may be able to minimize these costs by moving in pieces and leaving the heavier items for the movers, but if your home sale is closing quickly, this work might best be left to the professionals. It will be worth getting quotes from a handful of trusted local movers to see who comes recommended at a reasonable price.

It’s easy to get caught up in the concept of selling your home, but even along with selling come many costs you’ll want to be aware of. If you’re preparing to put your home on the market, contact your local real estate professional for more information.