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Mortgage Market Update
Timothy Barbieri
Timothy Barbieri
Tuesday, October 20, 2026
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Home equity: more useful than you think |
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A Note From Timothy Barbieri
A quick update from our team
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Hi there. This week I'm writing about a quiet asset that can open real doors.
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Equity Building
What your home equity can do for you
If you've been paying your mortgage for a while, you're building something valuable: equity. That's the difference between what your home is worth and what you still owe on it. A lot of homeowners don't realize how much they can do with that equity—whether it's accessing cash for a major project, consolidating debt at a lower rate, or even buying an investment property. The options depend on your situation: how much equity you have, what rates look like, and what you're trying to accomplish. It's worth taking stock of where you stand, because the equity you're building right now might unlock something you've been thinking about. Let's talk about what makes sense for you.
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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 Timothy Barbieri team any time and we'll walk you through your options. |
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6 Wills Way, Building 2 Piscatway NJ 08854
732-476-9230 | https://www.petracephas.com/applywithtim
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