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Mortgage Market Update
Anthony Cesarini
Anthony Cesarini
Wednesday, September 2, 2026
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Your credit score and your mortgage |
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Every week I help people navigate the path to homeownership or a better loan. Today I want to focus on something that shapes your options more than you might realize.
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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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Smart Money Habit
The one number that changes everything
Your credit score is like your financial report card—and it matters more than you might think when it comes to borrowing. Whether you're buying your first home, refinancing, or just want to understand where you stand, your score influences the terms lenders can offer you. The good news is that building and maintaining strong credit is something you have real control over. Small habits—like paying on time, keeping credit card balances low, and checking your report for errors—add up over time. I've seen borrowers improve their position significantly just by being intentional about these basics before they apply. Let's talk about where your credit stands and what it means for your mortgage options.
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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 Anthony Cesarini team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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Anthony Cesarini
Anthony Cesarini
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