| |
 |
Thursday, August 20, 2026 |
|
|
A Note From Daniel Patrick Nacarato
Need Fast Access to Home Equity? I Can Help in as Little as 24 Hours
Product Highlights:
Up to 89.99% CLTV.
620 minimum FICO.
Up to 55% DTI.
No appraisal – fully automated AVM.
Soft credit pull until loan acceptance.
1st and 2nd Lien Options.
2nd lien rates as low as 6.00%.
Up to $400,000 available in as little as 24 hours.
Whether it's for home improvements, debt consolidation, investment opportunities, or unexpected expenses, this program makes accessing home equity easier than ever.
Know someone who could benefit? Reach out today or share this with a friend, family member, or client who may be looking for a fast, flexible financing solution.
|
Mortgage Market Update
Home sales holding steady despite high rates
We're halfway through the year, and the housing market continues to surprise us with its resilience. Here's what's actually happening with sales, prices, and builder confidence—and what it means for your next move.
|
|
|
|
National Mortgage Rates · August 13, 2026
|
%22%2C%22fill%22%3Atrue%2C%22tension%22%3A0.4%2C%22pointRadius%22%3A4%2C%22pointBackgroundColor%22%3A%22%2371b1d1%22%2C%22borderWidth%22%3A2%7D%5D%7D%2C%22options%22%3A%7B%22plugins%22%3A%7B%22legend%22%3A%7B%22display%22%3Afalse%7D%7D%2C%22scales%22%3A%7B%22y%22%3A%7B%22ticks%22%3A%7B%22callback%22%3A%22function(v)%7Breturn%20v%2B%5C%22%25%5C%22%7D%22%2C%22color%22%3A%22%23666%22%7D%2C%22grid%22%3A%7B%22color%22%3A%22rgba(0%2C0%2C0%2C0.06)%22%7D%7D%2C%22x%22%3A%7B%22grid%22%3A%7B%22display%22%3Afalse%7D%2C%22ticks%22%3A%7B%22font%22%3A%7B%22size%22%3A11%7D%2C%22color%22%3A%22%23666%22%7D%7D%7D%7D%7D&w=520&h=180&bkg=white&f=12) |
|
Source: Freddie Mac PMMS & Optimal Blue via FRED
Rates shown are national averages and are provided for informational purposes only. Actual rates vary based on credit profile, loan amount, and market conditions. Please contact us for a personalized rate quote.
|
| | |
|
Loan Programs
Why your loan type matters more than you think
Not all mortgages work the same way, and the loan program you choose shapes your finances for years. Some programs lock in your rate for 30 years. Others start lower but adjust over time. Some let you build equity faster through larger down payments, while others require less money upfront. The right choice depends on your timeline, risk tolerance, and how long you plan to stay in your home. I've found that borrowers who understand their own loan program make smarter decisions down the road—whether that's refinancing, selling, or simply knowing what to expect each month. Let's talk about which program actually fits your situation.
|
|
Tip of the Week
If your credit score is below 740, even small improvements before applying for a mortgage can save you thousands over the life of the loan.
|
|
Tips for Homeowners
Weatherproofing Your Home Before Winter
|
|
1.
|
Clean your chimney if you have a fireplace. The National Fire Protection Association recommends annual inspection and cleaning to prevent chimney fires.
|
|
2.
|
Check attic insulation and ventilation before winter. Inadequate insulation leads to heat loss, higher energy bills, and ice dams on the roof that can cause significant damage.
|
|
3.
|
Inspect weatherstripping on all exterior doors. A simple dollar-bill test works: close the door on a bill — if you can pull it out easily, your weatherstripping needs replacing.
|
|
|
Existing-home sales dipped only slightly in July and remain stronger than a year ago, even with mortgage rates still elevated. This stability suggests buyers and sellers are adapting to the current market conditions rather than disappearing entirely.
| Key takeaway: A slower market doesn't mean a frozen one—patience and realistic expectations are paying off for both buyers and sellers right now. |
|
|
Home price growth picked up slightly in May, though it's still lagging behind inflation in most areas. The regional picture matters more than ever—where you live has become just as important as when you buy.
| Key takeaway: Don't assume national trends apply to your neighborhood; check what's happening in your specific market before making a move. |
|
|
New single-family home sales recovered a bit in June after May's dip, though they're still trailing 2025 levels. Builders are feeling the pressure from high rates and affordability challenges, which may affect inventory and pricing in the months ahead.
| Key takeaway: If you're considering a new home, builders may have more flexibility on terms right now than they did a year ago. |
|
|
Home builder sentiment weakened further in July as affordability problems and economic uncertainty wear on the market. Builders' pessimism could mean tighter new-home inventory and less negotiating room for buyers in the near term.
| Key takeaway: Builder caution may eventually lead to fewer new homes on the market, so if you're shopping new construction, sooner could be better than later. |
|
|
|
Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Daniel Patrick Nacarato team any time and we'll walk you through your options.
|
|
2701 East Insight Way, Suite 150, Chandler, AZ 85286
Cell 602-882-0678 - NMLS 247584
Barrett Financial Group, LLC · Unsubscribe
|
|
