Evolve Capital Lending · August 1, 2026

How much equity have you actually built?

Mortgage Market Update

Jason Stroder

Evolve Capital Lending

Saturday, August 1, 2026

How much equity have you actually built?

This week, I want to help you see something you might be overlooking: the wealth you've already built in your home. Let me break down equity and why it matters.

National Mortgage Rates · July 30, 2026

30-Year Fixed

6.66%

FHA 30-Year

6.43%

VA 30-Year

6.25%

Rate trend

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.


Equity Check

Your home equity might be worth more than you think

If you bought or refinanced a few years ago, your home has likely appreciated since then. That means you've built equity—the difference between what your home is worth today and what you still owe on your mortgage. A lot of people don't realize how much equity they're sitting on until they need it.

Why does this matter? That equity can open doors. Whether you're thinking about a cash-out refinance, a home equity loan, or just want to know your financial position, understanding your equity is the first step. Market values shift, but your equity is real money. If you're curious where you stand, I'd be happy to pull a quick estimate and walk you through your options.

Let's take a look at your equity—reach out and we can talk through what it means for you.

Tip of the Week

Landscaping maintenance protects your home's value — overgrown yards are the number one curb appeal issue buyers notice.

Tips for Homeowners

HOA Fees and How They Affect Your Mortgage

1.

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.

2.

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.

3.

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.

Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Jason Stroder team any time and we'll walk you through your options.

Your Mortgage Advisor

J

Jason Stroder

Evolve Capital Lending

jason@evolvecl.com

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