Talwinder Hanjrah · August 1, 2026

How much equity have you actually built?

Mortgage Market Update

Talwinder Hanjrah

Talwinder Hanjrah

Saturday, August 1, 2026

How much equity have you actually built?

Hi there. This week I want to talk about something I see homeowners overlook: the wealth sitting right in their own walls.

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 Snapshot

Your home built more wealth than you think

If you bought a few years ago, you've likely built more equity than your mortgage statement shows. Home values have shifted across most markets, and even modest appreciation adds up fast—especially when you're paying down principal each month. Many homeowners are surprised to learn how much buying power that equity represents, whether you're thinking about a future move, a renovation, or accessing it through a refinance down the road.

Knowing your actual equity is one of those quiet money moves that changes how you think about your home. It's not just a place to live—it's an asset you're actively building. If you're curious where you stand, I'd love to pull a quick market analysis and give you the real picture.

Reach out anytime and I'll give you an honest equity snapshot—no pressure, just clarity.

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 Talwinder Hanjrah team any time and we'll walk you through your options.

Your Mortgage Advisor

T

Talwinder Hanjrah

Talwinder Hanjrah

talwinder@libertymb.com

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