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Mortgage Market Update
Daniel Greer
Daniel Greer
Wednesday, August 19, 2026
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How much equity have you built? |
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I hope you've had a good week. Today I want to remind you of something that quietly works in your favor every single month.
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National Mortgage Rates · August 13, 2026
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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.
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Equity Building
Your home is working for you while you sleep
Every mortgage payment you make builds equity—that's the difference between what your home is worth and what you owe. Most people think of equity only when they're ready to sell, but it's a tool you can tap into well before that. Whether you're thinking about a home improvement project, consolidating debt, or covering a big expense, your equity can become accessible through a home equity line of credit or a cash-out refinance. The sooner you understand how much equity you've built, the sooner you can decide if tapping into it makes sense for your situation. If you haven't checked in on your home's value in a while, it might be worth a conversation. Let's talk about your equity and what options might be available to you.
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Tip of the Week
Inspect your attic insulation. Proper insulation reduces heating and cooling costs and can prevent ice dams on your roof.
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Tips for Homeowners
Fall Home Prep: Heating, Safety & Systems
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1.
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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.
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2.
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Test smoke detectors and carbon monoxide detectors and replace batteries. Carbon monoxide poisoning risk rises when heating systems run more frequently.
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3.
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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.
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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 Daniel Greer team any time and we'll walk you through your options. |
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