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Mortgage Market Update
Natalie Weaver
Natalie Weaver
Friday, November 6, 2026
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Picking the right loan program matters |
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Hi there. I wanted to share something I see borrowers overlook all the time when they're house hunting or refinancing.
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National Mortgage Rates · November 4, 2026
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Conventional 30-Year
7.12%
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Source: Optimal Blue daily mortgage indices via FRED
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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Loan Programs
Not all mortgages are built the same way
When you're shopping for a mortgage, it's easy to focus only on the interest rate. But the loan program itself—whether it's a fixed-rate mortgage, an adjustable option, or something backed by an agency like FHA or VA—changes how your payment works, what you owe upfront, and how much flexibility you have down the road. The right program for you depends on your timeline, how stable your income is, and whether you plan to stay in your home for the long haul or might move in a few years. I'd be happy to walk you through which options make the most sense for your specific situation. Let's talk about which loan program fits your goals best.
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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 Natalie Weaver team any time and we'll walk you through your options. |
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