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Mortgage Market Update
Cyndi Delcid
Cyndi Delcid
Friday, November 6, 2026
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Is your mortgage still working for you? |
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I work with a lot of homeowners who feel stretched thin. If that's you, here's what I want to share this week.
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National Mortgage Rates · November 5, 2026
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Conventional 30-Year
7.18%
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Source: Optimal Blue daily mortgage indices via FRED · 30-yr: Freddie Mac weekly survey
Rates shown are national mortgage index rates 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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Affordability Check
When your budget needs a reality check
Life changes fast. A job shift, growing family, or unexpected expense can make you wonder whether your current mortgage still fits your life. The good news: you don't have to guess. If you're carrying a mortgage, we can walk through your numbers together and see whether refinancing to a different loan term, or exploring other options, might free up breathing room in your monthly budget. Sometimes small adjustments make a real difference. Other times, you'll feel better just knowing where you actually stand. Either way, it's worth an honest conversation—no pressure, just clarity. I'm here if you'd like to talk through your situation.
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Tip of the Week
Closing costs typically run 2-5% of the loan amount. Ask your lender for a Loan Estimate so there are no surprises.
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Tips for Homeowners
Protecting Yourself from Mortgage Scams
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1.
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Wire fraud is one of the fastest-growing real estate scams. Never wire closing funds based solely on email instructions — always verify account numbers by calling your title company at a number you look up yourself.
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2.
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Loan modification and foreclosure rescue scams target homeowners in distress. Legitimate help is available free through HUD-approved counseling agencies at 800-569-4287.
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3.
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Be wary of unsolicited offers to refinance or cash out equity at terms that sound unusually favorable. If someone contacts you out of the blue, verify their NMLS license number at nmlsconsumeraccess.org.
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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 Cyndi Delcid team any time and we'll walk you through your options. |
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