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Wednesday, October 21, 2026 |
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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.
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Mortgage Market Update
Why builders are pumping the brakes
It's been a tough few months for the new construction market. We wanted to break down what's happening and what it could mean for your home search.
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National Mortgage Rates · October 20, 2026
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Conventional 30-Year
7.20%
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Source: Optimal Blue daily mortgage indices via FRED · Includes our pricing adjustment
Rates shown are national mortgage index rates plus our pricing adjustment, 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.
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Equity & Opportunity
What your home equity can do for you
If you've been in your home for a few years, you likely have more equity built up than you realize. That equity isn't just a number on paper—it's real financial flexibility. Whether you're considering a home improvement project, facing an unexpected expense, or thinking about your next move, understanding what options your equity unlocks can help you make a smarter decision. Different loan programs let you tap into that equity in different ways, each with trade-offs worth weighing. The more you know about what's available to you, the better you can plan ahead. I'd love to walk you through what your situation looks like and what might make sense for your goals.
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Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
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Tips for Homeowners
Year-End Tax & Mortgage Planning
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Consider making your January mortgage payment in December to get an extra month of deductible interest in the current tax year (consult your tax advisor first).
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2.
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If you plan to sell next year, now is a good time to document improvements — receipts and records add to your cost basis and reduce taxable capital gain at sale.
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3.
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Review your W-4 withholding if you bought a home this year — your mortgage interest deduction may mean you're having too much withheld from each paycheck.
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Home builders are feeling the squeeze from higher mortgage rates, rising construction costs, and labor shortages. The NAHB sentiment index dropped to its lowest level since 2025, signaling that builders are pulling back on new projects. This could mean fewer new homes available for buyers in the near term.
| Key takeaway: fewer new homes coming to market may limit your options and could ease price pressure on new construction over time. |
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After a dip in July, new home sales rebounded in August to about 684,000 units, putting the market back in line with recent trends. While sales are slightly below last year's pace, the rebound shows the market is stabilizing even with ongoing rate pressures. The new construction market remains active, just not booming.
| Key takeaway: new home sales are holding steady despite headwinds, so there's still inventory available if you're shopping for a new build. |
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Signed contracts on existing homes edged up in August, though gains in the South and West offset declines elsewhere. Buyers are still moving forward with purchases despite elevated mortgage rates, suggesting some resilience in the market. However, year-over-year activity is still down nearly 5 percent.
| Key takeaway: buyers are continuing to close deals, but overall activity remains lower than a year ago. |
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July data shows home price appreciation picked up slightly, with both major price indices reporting stronger year-over-year gains than before. However, when you factor in inflation, the real gains look more modest than the headline numbers suggest. Some regions are seeing stronger growth than others.
| Key takeaway: home prices are still moving higher, but unevenly across the country, so location matters more than ever. |
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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.
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2701 East Insight Way, Suite 150, Chandler, AZ 85286
Cell 602-882-0678 - NMLS 247584
Barrett Financial Group, LLC · Unsubscribe
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