Gene Griffin (MASTER) · October 20, 2026

How much equity do you have now?

Mortgage Market Update

My Mortgage Company

Gene Griffin (MASTER)

Tuesday, October 20, 2026

How much equity do you have now?

We don't always stop to think about the equity building quietly behind the scenes. Let me show you why it matters.

National Mortgage Rates · October 16, 2026

Conventional 30-Year

7.28%

FHA 30-Year

7.13%

VA 30-Year

6.93%

Rate trend

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.


Equity Building

Your home is working harder than you think

Every mortgage payment you make builds equity—that's the difference between what your home is worth and what you owe on it. Over time, this grows into real financial strength. Beyond monthly payments, your home's value may increase, which means even more equity sitting in your corner. If you've owned your home for a while, that equity can open doors: you might refinance into better terms, tap into it for major expenses, or simply feel more financially secure. The longer you stay, the more this compounds. If you're curious whether your equity has reached a meaningful level, I'd love to walk you through your situation—no obligation, just honest numbers.

Reach out and let's talk about what your equity means for your future.

Tip of the Week

Your loan officer can run a credit simulator to show exactly which actions will move your score the most.

Tips for Homeowners

Year-End Tax & Mortgage Planning

1.

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).

2.

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.

3.

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.

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.

Your Mortgage Advisor

M

My Mortgage Company

Gene Griffin (MASTER)

You are receiving this from Gene Griffin (MASTER).  Unsubscribe