Mortgage Market Update

My Mortgage Company

Oltin Roshi

Tuesday, November 3, 2026

Sitting on unused home equity?

A lot of homeowners don't realize how much their home equity can actually work for them. Let me explain what's possible.

National Mortgage Rates · November 2, 2026

Conventional 30-Year

7.13%

FHA 30-Year

6.96%

VA 30-Year

6.76%

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.

Equity & Access

What your home equity can actually do for you

If you've been in your home for a while, you've probably built up equity—the difference between what your house is worth and what you owe on it. That equity isn't just a number on paper. Depending on your situation, it can become real money available to you for major expenses, home improvements, debt consolidation, or other financial goals. There are a few different ways to access it, and each one works differently depending on your timeline, credit, and how much you need. The right choice depends on your specific circumstances, which is why it's worth having a real conversation about your options rather than guessing.

I'd be happy to walk you through what makes sense for your situation—just reach out.

Tip of the Week

Refinancing resets your amortization clock. If you're 10 years into a 30-year loan, consider a shorter term to avoid paying more total interest.

Tips for Homeowners

Co-Signing a Mortgage: What You're Really Agreeing To

1.	Co-signing makes you equally responsible for the debt. If the primary borrower misses payments, your credit score takes the same hit and the lender can pursue you for the full balance.

2.	The co-signed mortgage debt appears on your credit report and counts toward your DTI. This can limit your ability to qualify for your own financing until the loan is paid off or refinanced out of your name.

3.	There's no automatic way to remove yourself as a co-signer — the primary borrower must refinance the loan in their name alone. Get this understanding in writing before you sign.

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.

Your Mortgage Advisor

My Mortgage Company

Oltin Roshi

You are receiving this from Oltin Roshi. Unsubscribe