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Mortgage Market Update
My Mortgage Company
Ryan Harding — PLAY HARDING LLC
Saturday, August 1, 2026
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Do you know how much equity you've built? |
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Hi there. Sometimes the best financial moves start with understanding what you already have. This week, we're talking about home equity and why it matters to your next decision.
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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
How much home equity are you sitting on?
If you bought a few years ago or made extra payments, you may have built more equity than you realize. That equity can be a financial tool—whether you're thinking about refinancing, making home improvements, or handling an unexpected expense. The sooner you know what you have, the sooner you can decide if tapping into it makes sense for your situation. Home values have shifted in most markets, and your equity picture may have changed too. I'd be happy to run the numbers and show you what your options are. There's no obligation—just real information to help you plan ahead. Reach out and let's take a look at your equity together.
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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 My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Ryan Harding — PLAY HARDING LLC
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