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Mortgage Market Update
Cassidi Succarotte
Cassidi Succarotte
Wednesday, September 2, 2026
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Picking the right loan type matters |
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Hi there — one of the best decisions you can make early on is choosing a loan structure that actually aligns with your timeline and budget. Here's why it matters more than you might think.
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National Mortgage Rates · August 27, 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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Loan Programs
Finding the right loan type for your situation
Not all mortgages work the same way, and what's perfect for one borrower might not be ideal for another. Whether you're a first-time buyer, planning to stay in your home for decades, or looking to refinance, there are programs designed with different goals in mind — some prioritize lower monthly payments, others offer flexibility, and some work better if your financial picture is unconventional. The key is matching the loan to your life, not forcing your life to match the loan. I'd love to walk you through what's available and help you figure out which option actually makes sense for where you are right now. Let's talk about which loan program fits your goals — reach out anytime.
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Tip of the Week
Your mortgage interest may be tax-deductible if you itemize. Check with your tax professional to see if it benefits you.
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Tips for Homeowners
Understanding Mortgage Points
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1.
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One mortgage point equals 1% of your loan amount. Paying points ("buying down the rate") reduces your interest rate — typically 0.25% per point, though this varies by lender and market.
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2.
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Calculate your break-even: divide the cost of the points by your monthly savings. If it takes 4 years to break even and you plan to stay 10 years, buying points makes sense.
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3.
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Points paid on a home purchase are generally tax-deductible in the year paid (if you itemize). Points on a refinance must be deducted over the life of the loan.
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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 Cassidi Succarotte team any time and we'll walk you through your options. |
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