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Mortgage Market Update
My Mortgage Company
Tony Zerwas — Tony Zerwas
Saturday, August 1, 2026
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How much equity have you actually built? |
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Hi there — this week I'm sharing something that surprises a lot of my clients in the best way. Your home has likely done more for your finances than you realize.
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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
Your home equity might be larger than you think
If you bought your home a few years ago, there's a good chance you've built more equity than you realize. Between your regular mortgage payments and any appreciation in your home's value, that number can add up faster than many homeowners expect. Whether you're thinking about refinancing, upgrading, or just want to understand your financial position better, knowing exactly what you've got is the first step. I can pull your equity picture together quickly — it's one of the most eye-opening conversations I have with clients. There's no obligation, just clarity. If you'd like to know where you stand, I'd be happy to walk through it with you. Send me a quick message or give me a call, and we'll take a look at your equity together.
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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 My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Tony Zerwas — Tony Zerwas
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