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Mortgage Market Update
My Mortgage Company
Grizzly Mortgage
Tuesday, October 20, 2026
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What's your home worth now? |
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I help a lot of homeowners who are surprised by how much equity they've built. Let me show you what yours could mean for your future.
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National Mortgage Rates · October 16, 2026
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Conventional 30-Year
7.28%
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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 Building
Your home is working harder than you think
Every mortgage payment you make builds equity—that's the portion of your home's value you actually own. Over time, as you pay down the loan and your home may appreciate, that number grows. Some borrowers don't realize they can tap into that equity through a refinance or home equity line of credit when they need funds for renovation, education, or consolidation. It's one of the real advantages of homeownership. The catch is knowing what you have and when it makes sense to use it. If you're not sure whether you've built enough equity for your next goal, or you're just curious what your home is worth today, I'm happy to help you figure it out. Let's talk about what equity you've built and what it could do 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 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
Grizzly Mortgage
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