|
Mortgage Market Update
test account
Shez Testing account
Thursday, September 3, 2026
|
Your home equity might be worth exploring |
|
Home equity is real wealth you've built. This week I want to share what you can actually do with it.
|
|
National Mortgage Rates · August 27, 2026
|
%22%2C%22fill%22%3Atrue%2C%22tension%22%3A0.4%2C%22pointRadius%22%3A4%2C%22pointBackgroundColor%22%3A%22%233b5bdb%22%2C%22borderWidth%22%3A2%7D%5D%7D%2C%22options%22%3A%7B%22plugins%22%3A%7B%22legend%22%3A%7B%22display%22%3Afalse%7D%7D%2C%22scales%22%3A%7B%22y%22%3A%7B%22ticks%22%3A%7B%22callback%22%3A%22function(v)%7Breturn%20v%2B%5C%22%25%5C%22%7D%22%2C%22color%22%3A%22%23666%22%7D%2C%22grid%22%3A%7B%22color%22%3A%22rgba(0%2C0%2C0%2C0.06)%22%7D%7D%2C%22x%22%3A%7B%22grid%22%3A%7B%22display%22%3Afalse%7D%2C%22ticks%22%3A%7B%22font%22%3A%7B%22size%22%3A11%7D%2C%22color%22%3A%22%23666%22%7D%7D%7D%7D%7D&w=520&h=180&bkg=white&f=12) |
|
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.
|
|
|
|
Home Equity Strategy
What you can do with home equity
If you've built equity in your home—whether through payments, appreciation, or both—you have options. A home equity loan or line of credit lets you borrow against that equity for major expenses: repairs, education, debt consolidation, or even a home improvement project. The rates are often competitive, and the interest may be tax-deductible. The key is borrowing intentionally and making sure the monthly payment fits your budget. Every situation is different, so it's worth understanding what you qualify for and whether it makes sense for your goals. I'm happy to walk through the numbers and help you see what's realistic. Let's talk about whether a home equity option could work for you.
|
|
Tip of the Week
Schedule a plumber to inspect older homes for slow leaks — water damage is expensive and often hidden until it's serious.
|
|
Tips for Homeowners
Jumbo Loans: What They Are and How They Work
|
|
1.
|
A jumbo loan exceeds the conforming loan limit set by the FHFA — $766,550 in most areas for 2024, higher in designated high-cost markets. These loans can't be sold to Fannie Mae or Freddie Mac.
|
|
2.
|
Jumbo loans typically require stronger credit (often 700+), larger down payments (10–20%), and more cash reserves. Underwriting is more thorough and can take longer.
|
|
3.
|
Rates on jumbo loans are sometimes comparable to or even lower than conforming rates, depending on market conditions. Don't assume a jumbo loan means a worse deal — shop lenders.
|
|
|
Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the test account team any time and we'll walk you through your options. |
|
|
You are receiving this from Shez Testing account. Unsubscribe
|