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Mortgage Market Update
Anthony Cesarini
Anthony Cesarini
Saturday, August 1, 2026
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Do you know how much equity you've built? |
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Hello! This week I'm focusing on a question many homeowners don't ask themselves often enough: what's your equity worth to you?
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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 owned your home for a few years, you've likely built equity through your monthly mortgage payments—and possibly through home appreciation in your market. That equity can be a real financial asset. Some homeowners tap into it to fund renovations, pay off higher-interest debt, or cover major expenses. Others simply let it grow as part of their long-term wealth building. The first step is knowing what you actually have. A quick conversation with me can help you understand your current equity position and what options might make sense for your situation, whether that's a refinance, a home equity line of credit, or simply staying the course. If you'd like to talk through your equity and explore what's available to you, I'm here to walk you through it.
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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 Anthony Cesarini team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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Anthony Cesarini
Anthony Cesarini
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