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Mortgage Market Update
My Mortgage Company
Massif Capital Group
Tuesday, October 20, 2026
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Do you know how much equity you have? |
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It's easy to lose track of how much your home is actually worth compared to what you owe on it. I wanted to share why that number matters to you.
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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
What your home's value means for you right now
If you've owned your home for a while, you've likely built equity—the difference between what your home is worth and what you still owe. That equity can be a real financial tool. Some homeowners tap into it through a cash-out refinance or a home equity line of credit to fund repairs, consolidate debt, or cover major expenses. Others simply know it's there as a safety net. The key is understanding what you have and what options make sense for your situation. If you're curious whether your equity could work harder for you, or just want to know where you stand, I'd be happy to walk through it with you. Reach out anytime—no pressure, just honest guidance about your options.
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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 Capital Group
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