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Mortgage Market Update
Stacy Jetton
Edge Home Finance
Saturday, August 1, 2026
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How much equity have you built? |
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Hi there. This week I want to talk about something that matters more than most homeowners realize: the equity growing in your home every single month.
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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 Building
How much equity are you sitting on?
Every mortgage payment you make builds equity in your home—it's one of the most powerful wealth-building tools available to everyday homeowners. But a lot of people don't stop to think about how much equity they've actually accumulated, especially if they've been in their home for a few years. Your equity is real money, and it can open doors: a cash-out refinance to fund a renovation, a home equity line of credit for emergencies, or simply the peace of mind that comes with owning more of your home outright. The first step is knowing your number. I'd love to help you pull together a quick snapshot of where you stand—it might surprise you, and it could help you make a smarter move down the road.
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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 Stacy Jetton team any time and we'll walk you through your options. |
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404-431-8843 | https://www.JetLoan.com
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