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Mortgage Market Update
My Mortgage Company
Jose L Calvo Jr — Jose Calvo Jr
Tuesday, October 20, 2026
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Have you checked your home equity lately? |
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One of the best parts of being a homeowner is building wealth while you live in your home. Let me show you what that could mean for you right now.
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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 & Options
Your home equity is working—here's how to use it
If you've been in your home for a few years, you likely have built equity—the difference between what your home is worth and what you still owe. That equity isn't just a number on paper; it's an asset you can actually access when you need it. Whether through a refinance, a home equity loan, or a line of credit, tapping into your equity can help you cover major expenses, consolidate debt, or fund home improvements that increase your home's value even more. The right choice depends on your timeline, how much you need, and what makes sense for your budget. I'd love to walk you through your options and see what might work best for your situation. Let's talk about what your equity 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
Jose L Calvo Jr — Jose Calvo Jr
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