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Mortgage Market Update
Cat Barnett
Cat Barnett
Tuesday, October 20, 2026
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Picking the right mortgage for your life |
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Hi there. I wanted to share something I see come up a lot in conversations with clients: the assumption that a mortgage is a mortgage.
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National Mortgage Rates · October 16, 2026
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Conventional 30-Year
7.28%
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Source: Optimal Blue daily mortgage indices via FRED
Rates shown are national mortgage index rates 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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Loan Programs
Not all mortgages are built the same
When you're shopping for a mortgage, it's easy to think you have one straightforward choice. In reality, you have options—different loan structures, terms, and features that can work better or worse depending on your situation. Some programs reward people who plan to stay put for years. Others make sense if you think you might move or refinance down the road. Some come with flexibility built in; others keep payments predictable. The right fit depends on your goals, timeline, and comfort level with your monthly payment. That's why I always spend time understanding what a borrower actually needs before we talk numbers. If you're curious whether your current loan is still the best match for where you are now, or if you're starting the search, let's talk through what's available.
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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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1.
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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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Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Cat Barnett team any time and we'll walk you through your options. |
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(720) 300-6777 | www.LoanFIT.us
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