Valerie Goertz · August 19, 2026

How much equity are you building each month?

Mortgage Market Update

Valerie Goertz

Valerie Goertz

Wednesday, August 19, 2026

How much equity are you building each month?

Hi there. This week I want to focus on something that often flies under the radar but quietly builds your net worth: home equity.

National Mortgage Rates · August 13, 2026

30-Year Fixed

6.67%

FHA 30-Year

6.47%

VA 30-Year

6.33%

Rate trend

Source: Freddie Mac PMMS & Optimal Blue via FRED

Rates shown are national averages 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.


Equity Building

Your home is working for you—here's how

Every mortgage payment you make builds equity in your home. That's the gap between what your house is worth and what you still owe—and it's real money you own. Over time, as you pay down your loan and (typically) your home appreciates, that equity grows. Many homeowners are surprised to learn how much they've built up, especially if they've been in their home for several years.

Why does this matter? Equity can be a financial tool when you need it. Some borrowers tap into it for home improvements, education, or consolidating debt through a cash-out refinance or a home equity loan. Others simply feel good knowing they're building wealth with every payment. Either way, understanding your equity position is smart money management. I'd be happy to run a quick assessment of your home's current value and see what options might make sense for your situation.

Let's talk about how much equity you've built and what it means for your financial picture.

Tip of the Week

Inspect your attic insulation. Proper insulation reduces heating and cooling costs and can prevent ice dams on your roof.

Tips for Homeowners

Fall Home Prep: Heating, Safety & Systems

1.

Have your heating system serviced before it's needed. A furnace failure in winter is an emergency — routine maintenance costs far less than emergency repairs.

2.

Test smoke detectors and carbon monoxide detectors and replace batteries. Carbon monoxide poisoning risk rises when heating systems run more frequently.

3.

Drain and shut off exterior faucets and sprinkler systems before the first freeze to prevent burst pipes — one of the most expensive and disruptive homeowner emergencies.

Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Valerie Goertz team any time and we'll walk you through your options.

Your Mortgage Advisor

V

Valerie Goertz

Valerie Goertz

valerie@whitecapdelmarva.com

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