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Mortgage Market Update
Kristopher McCury
Kristopher McCurry
Tuesday, October 20, 2026
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How much equity are you sitting on? |
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One of the quietest wins of homeownership is building equity with every payment. Let me show you what you've earned so far.
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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 — that's the difference between what your home is worth and what you still owe. Over time, this grows into real financial cushion. Some borrowers don't realize how much equity they've already accumulated, especially if they've been in their home for several years. That equity can open doors: it's there if you need to tap it for major expenses, it protects you if the market shifts, and it's a foundation for your long-term wealth. If you're curious where you stand, I'd be happy to walk you through what you've built so far and what it means for your situation. Reach out anytime — I can give you a clear picture of your equity and what options it gives 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 Kristopher McCury team any time and we'll walk you through your options. |
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