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Mortgage Market Update
My Mortgage Company
Massif Mortgage Group (Barrett Financial Group residential branch)
Tuesday, October 20, 2026
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Have you checked your home equity lately? |
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Building wealth through homeownership happens quietly, month after month. I wanted to remind you of something powerful that's probably already underway.
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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 for you every month
Every mortgage payment you make builds equity—the difference between what your home is worth and what you owe. Over time, that adds up to real financial strength. As you pay down your loan, you own more of your home outright, and that equity can become a resource if you ever need it. Whether you're thinking about a future renovation, facing an unexpected expense, or just curious about your financial position, knowing your equity picture is worth understanding. I'm happy to walk through where you stand and what your options might look like down the road. Let's talk about your equity and what it means for your financial future.
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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
Massif Mortgage Group (Barrett Financial Group residential branch)
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