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Mortgage Market Update
Ashley Zierer
Ashley Zierer
Saturday, August 1, 2026
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How much equity have you actually built? |
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Hi there. This week I'm sharing something I find homeowners overlook: a clear picture of the equity they've earned.
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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 while, you likely have more equity than you realize. Equity is the difference between what your home is worth and what you still owe—and it grows two ways: as you make payments, and as your home appreciates. Knowing your equity matters because it opens doors. You might qualify for a cash-out refinance to fund a renovation, pay off debt, or cover unexpected expenses. You could also tap it for a home equity line of credit without refinancing your whole loan. Even if you're not ready to use it now, understanding your position helps you make smarter money decisions down the road. I'd love to help you run the numbers and see what options might make sense for your situation. Let me know if you'd like a quick equity check and to explore what's possible.
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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 Ashley Zierer team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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Ashley Zierer
Ashley Zierer
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