|
Mortgage Market Update
Trey Camp
Edge Home Finance LLC
Monday, October 19, 2026
|
Why buying a home feels so complicated |
|
This week we're looking at what's making the home buying process harder than it needs to be, where the market is actually moving, and what builders are worried about right now. Let's dig in.
|
|
|
Refinancing Strategy
When does refinancing actually make sense?
Refinancing isn't always the right move—even when rates drop or your situation changes. The real question isn't whether you can refinance, but whether the benefit outweighs the cost and time involved. If you're staying in your home long enough, lower rates can absolutely pencil out. But if you're on the fence about your timeline, or your credit or income has shifted since you bought, that affects which programs actually work for you. I help borrowers run the real numbers so you can decide with confidence, not just because rates moved. If you've been wondering whether it's worth exploring, let's talk through your specific situation.
|
|
Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
|
|
Tips for Homeowners
Year-End Tax & Mortgage Planning
|
|
1.
|
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).
|
|
2.
|
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.
|
|
3.
|
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.
|
|
|
HousingWire
A survey of 1,000 buyers found that nearly half blame uncoordinated providers—lenders, inspectors, appraisers, title companies—for making the experience feel chaotic. When everyone isn't on the same page, your closing gets delayed and stress goes up.
| Key takeaway: asking your loan officer to help coordinate all the moving pieces can actually save you time and headaches. |
Read full article →
|
|
Mortgage News Daily
National home price growth picked up a bit in July according to major indices, though gains remain modest compared to historical norms. When you factor in inflation, the real appreciation looks even softer than the headlines suggest.
| Key takeaway: don't assume your home's value is climbing at the rate you hear on the news—it depends heavily on your local market. |
Read full article →
|
|
Mortgage News Daily
Signed contracts on existing homes edged higher in August, driven by gains in the South and West even as the Northeast and Midwest cooled. The modest improvement shows some buyers are still willing to move forward despite elevated mortgage rates.
| Key takeaway: regional differences matter—where you live can mean a much different buyer or seller's market than what national headlines suggest. |
Read full article →
|
|
Mortgage News Daily
The NAHB's sentiment index fell to its lowest level since September 2021, as rising construction costs, labor shortages, and higher mortgage rates squeeze new home builders. When builders pull back, fewer new homes hit the market—which can limit your options.
| Key takeaway: slower new home construction in your area could mean less inventory to choose from in the coming year. |
Read full article →
|
|
Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Trey Camp team any time and we'll walk you through your options. |
|
|
|
5860 Baker Road Minnetonka, MN 55345, Individual NMLS# 1377038, Company NMLS# 891464 Equal Housing Opportunity
NMLS# 1377038 · Company NMLS# 891464
361.232.9117 | loansbytrey.com
You are receiving this from Edge Home Finance LLC. Unsubscribe
|
|
