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Mortgage Market Update
Gene Brzozowski
Gene Brzozowski
Monday, September 14, 2026
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What's your home equity worth to you? |
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Hi there, I hope things are going well. This week I want to talk about something that often gets overlooked once the initial mortgage closes: the equity you're steadily building.
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National Mortgage Rates · September 10, 2026
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Conventional 30-Year
6.76%
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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
Your home's value might be working for you
If you've owned your home for a few years, you've likely built up equity—the difference between what your home is worth and what you owe. That equity can be tapped in a few ways: a cash-out refinance, a home equity loan, or a line of credit. People use it for renovations, debt consolidation, education, or emergencies. The key is understanding which option makes sense for your situation and how it affects your monthly obligations and long-term plan. If you're curious whether a move like this pencils out for you, I'd be happy to walk through the numbers and explore what's realistic. Reach out if you'd like to talk through your equity options.
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Tip of the Week
Gift funds from family can be used toward a down payment on most loan types — your lender will need a simple gift letter.
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Tips for Homeowners
VA Loans: Benefits Every Veteran Should Know
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1.
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VA loans require no down payment and no private mortgage insurance (PMI), making them one of the most powerful home-buying tools available to eligible veterans, active-duty service members, and surviving spouses.
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2.
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VA loans do require a funding fee (typically 1.25%–3.3% of the loan amount), which can be rolled into the loan. Veterans with a service-connected disability rating may be exempt from this fee.
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3.
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There's no VA loan limit for eligible borrowers with full entitlement — you can finance as much as a lender will approve. If you've had a prior VA loan, partial entitlement rules may apply.
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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 Gene Brzozowski team any time and we'll walk you through your options. |
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