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Saturday, August 1, 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 a wall—what it means for you
This week's market data tells a story of uneven pressure across housing. We're breaking down what's really happening with prices, sales, and construction so you can make smart decisions about your home.
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National Mortgage Rates · July 30, 2026
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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.
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Equity Building
You might have more equity than you think
Every mortgage payment you make builds equity—that's the difference between what your home is worth and what you still owe. But many homeowners don't realize how much they've actually accumulated, especially if you've been in your home for a few years. Your equity can open doors: it might qualify you for a cash-out refinance, a home equity line of credit, or help you avoid PMI on a future purchase. The easiest first step is to get a rough sense of your home's current value and how much principal you've paid down. If you're curious where you stand, I can walk you through it and show you what options might make sense for your situation.
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Tip of the Week
Landscaping maintenance protects your home's value — overgrown yards are the number one curb appeal issue buyers notice.
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Tips for Homeowners
HOA Fees and How They Affect Your Mortgage
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HOA dues are included in your debt-to-income ratio calculation when you apply for a mortgage. High HOA fees reduce how much home you can qualify for.
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2.
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Before buying in an HOA, review the financials: reserve fund balance, any pending special assessments, and recent meeting minutes. A depleted reserve fund can mean a large unexpected charge.
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3.
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HOA dues are generally not tax-deductible for a primary residence. If the home is a rental property, dues may be deductible as a business expense.
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The National Association of Home Builders' confidence index dropped to 34 in July, marking 15 consecutive months below the 40 threshold—the longest stretch since 2012. Builders are pulling back because affordability remains painfully tight and economic uncertainty is weighing on their outlook for new single-family home demand.
| Key takeaway: Lower builder confidence may eventually lead to fewer new homes on the market, which could ease some competitive pressure for buyers in the near term. |
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Signed contracts on existing homes fell 5.4% in June as buyers continue to face sky-high prices and elevated mortgage rates. While pending sales are roughly flat compared to last year, the monthly decline signals that affordability barriers are still holding back buyer activity.
| Key takeaway: Fewer pending sales now could translate to less inventory in the coming weeks, but it also shows sellers still have limited negotiating power. |
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New home sales rose slightly in June to a seasonally adjusted annual rate of 628,000, bouncing back from May's dip. However, sales are still about 5.6% below last year's level, held down by the same affordability and rate concerns that plague the existing home market.
| Key takeaway: The modest rebound is a good sign that demand hasn't completely disappeared, even though builders are cautious about ramping up inventory. |
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While over 40% of home listings nationally are seeing price cuts, some AI hub markets like San Francisco remain resilient and continue to appreciate. This deepening divide shows that your local market matters far more than national trends when deciding whether to buy or sell.
| Key takeaway: Don't assume national headlines apply to your neighborhood—check what's actually happening with prices and inventory in your specific area before making any moves. |
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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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