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Mortgage Market Update
Jarred Kuiper
Jarred Kuiper
Saturday, August 1, 2026
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Do you know how much equity you've built? |
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Hi there—this week I want to talk about something many homeowners overlook: the equity sitting in their home right now. Here's why it matters.
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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 Check
Do you know how much equity you've built?
If you've been paying your mortgage for a few years, there's a good chance you have more equity in your home than you realize. Equity is simply the difference between what your home is worth and what you still owe—and it can open doors. Whether you're thinking about tapping into it for a home project, consolidating debt, or planning your next move, knowing your actual equity position is the first step. Home values have shifted in different ways depending on where you live, so a rough guess won't cut it. I'd encourage you to get a clear picture. Once you know the number, we can talk about what your options actually are. Reach out and we can walk through your equity situation together.
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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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1.
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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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Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Jarred Kuiper team any time and we'll walk you through your options. |
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