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Mortgage Market Update
Twyla Gray
Twyla Gray
Saturday, October 17, 2026
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How much equity have you built? |
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Hi there. We help homeowners understand what they have and what's possible. This week, we're looking at equity and why it matters.
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National Mortgage Rates · October 15, 2026
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Conventional 30-Year
7.29%
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Source: Optimal Blue daily mortgage indices via FRED
Rates shown are national mortgage index rates 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-In
Your home equity might be worth more than you think
If you bought a few years ago or have been paying down your mortgage, you likely have built up equity in your home. That's the difference between what your home is worth today and what you still owe on it. The reason I mention this now is that many homeowners don't realize how much equity they've accumulated, and that can open up options—whether that's refinancing into better terms, tapping into a home equity line of credit, or just knowing you have a financial cushion. It's worth taking stock of where you stand. I'm happy to give you a no-pressure review of your situation and talk through what makes sense for your goals. Reach out anytime—I can give you a quick snapshot of your equity position.
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Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
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Tips for Homeowners
Year-End Tax & Mortgage Planning
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1.
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Consider making your January mortgage payment in December to get an extra month of deductible interest in the current tax year (consult your tax advisor first).
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2.
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If you plan to sell next year, now is a good time to document improvements — receipts and records add to your cost basis and reduce taxable capital gain at sale.
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3.
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Review your W-4 withholding if you bought a home this year — your mortgage interest deduction may mean you're having too much withheld from each paycheck.
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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 Twyla Gray team any time and we'll walk you through your options. |
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