Carli Anderson — Carli Anderson CRM · August 1, 2026

How much equity have you actually built?

Mortgage Market Update

My Mortgage Company

Carli Anderson — Carli Anderson CRM

Saturday, August 1, 2026

How much equity have you actually built?

Hi there. This week I want to help you get clear on something that often flies under the radar: the real equity sitting in your home.

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 Check

Do you know how much equity you've built?

If you've owned your home for a few years, you're probably sitting on more equity than you realize. Every mortgage payment you make builds it, and if your home has appreciated, that's equity too. Knowing your number matters because it opens doors—whether you're thinking about refinancing, tapping into a home equity line, or just curious about your net worth.

The tricky part is that many homeowners guess. A quick appraisal or a conversation with me can give you a real picture. Once you know what you've got, we can talk about whether any of your goals—paying off debt faster, funding a renovation, or something else—make sense with what you've built.

Let's figure out your equity position. Reach out anytime.

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 My Mortgage Company team any time and we'll walk you through your options.

Your Mortgage Advisor

M

My Mortgage Company

Carli Anderson — Carli Anderson CRM

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