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Tuesday, October 20, 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
Builder confidence hits 3-year low—what it means for you
This week brought some sobering news from the construction side of the housing market. We wanted to walk you through what's happening and why it matters to your wallet, whether you're buying new or existing.
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National Mortgage Rates · October 16, 2026
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Conventional 30-Year
7.15%
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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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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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Home builder confidence just fell to its worst level since mid-2012, driven by a painful combination of higher mortgage rates, rising construction costs, and a shortage of skilled workers. This slowdown directly affects you because fewer new homes built means less inventory and potentially higher prices for the homes that do get built.
| Key takeaway: if you've been waiting for more new home options, the squeeze is likely to get tighter before it gets better. |
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Home prices picked up speed in July, but the gains look a lot less impressive when you account for inflation. While prices are still creeping upward nationally, the real purchasing power isn't gaining as much ground as the raw numbers suggest.
| Key takeaway: nominal price growth feels better than it is, so don't let headline numbers fool you when evaluating affordability. |
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Signed contracts on existing homes inched higher in August, with strength in the South and West even as the Northeast and Midwest pulled back. The nationwide bump was modest, but it suggests some pockets of the market are still finding their footing despite elevated rates.
| Key takeaway: where you're shopping matters—regional differences are widening, so local market conditions matter more than ever. |
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New home builders are discovering that affordability challenges are changing what buyers look for and how they make decisions. Buyers aren't just focused on price anymore—they're weighing what the home actually offers them in terms of lifestyle and value beyond the sticker number.
| Key takeaway: focus on finding a home that fits your needs and priorities, not just chasing the lowest price available. |
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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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