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Saturday, August 1, 2026 |
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Mortgage Market Update
How much equity have you actually built?
Hi there. Homes appreciate, but it's easy to forget how much yours might have grown since you bought it. This week I want to talk about equity and why it's worth a quick check.
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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
You might have more equity than you think
If you bought a home a few years ago, or even just refinanced recently, your property may be worth more than when you took out your loan. That difference between what your home is worth now and what you still owe is equity—and it's real money. Equity matters because it can open doors: a home equity line of credit for renovations, the ability to refinance into better terms, or breathing room if life changes. The first step is simple—get a current estimate of your home's value and pull up your loan balance. Then reach out. I can help you understand what that equity means for your situation and whether it makes sense to tap into it. I'd be happy to walk through your equity position and options with you.
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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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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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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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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 Connie Oller team any time and we'll walk you through your options.
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30 S 7th Ave, Brighton CO 80601
303-717-3223
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