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Mortgage Market Update
Jacquie Saldana
Jacquie Saldana
Tuesday, October 20, 2026
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How much equity do you have right now? |
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A lot of borrowers focus on their monthly payment and forget about the bigger picture. I want to remind you this week what's actually happening behind the scenes with your loan.
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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
The money you're building in your home
Every payment you make builds equity—the difference between what your home is worth and what you owe. It's real wealth, and many homeowners don't realize how much they've already accumulated. If your home has appreciated or you've paid down your loan significantly, that equity can work for you through refinancing, a home equity line of credit, or even a future move. The sooner you understand what you have, the sooner you can make it count. Curious where you stand? I can run the numbers and show you what options might be available. Reach out and let's talk about the equity you've built.
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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 Jacquie Saldana team any time and we'll walk you through your options. |
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