Mortgage Market Update

Dwayne Kawar

Saturday, August 1, 2026

How much equity have you actually built?

Hi there, This week I want to help you take stock of one of the biggest assets you own—your home equity. Here's why it matters right now.

National Mortgage Rates · July 30, 2026

30-Year Fixed

6.66%

FHA 30-Year

6.43%

VA 30-Year

6.25%

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

What's your home actually worth to you right now?

If you bought your home a few years ago, you likely have more equity than you realize. Home values have shifted across markets, and every mortgage payment you've made chips away at what you owe. That equity can matter whether you're thinking about refinancing, making a big purchase, or just wanting to know where you stand.

I recommend a quick annual check-in on your home's value and what you owe. It's simpler than it sounds, and it can open doors you didn't know existed—from lower rates on a refi to funding a renovation or helping with cash needs. Let me know if you'd like help figuring out where you really stand.

Reach out anytime if you'd like to talk through your home's value and what your equity options might be.

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 Dwayne Kawar team any time and we'll walk you through your options.

Your Mortgage Advisor

Dwayne Kawar

dkawar@haymakerhomeloans.com

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