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Mortgage Market Update
Steven Cooper
Steven Cooper
Thursday, August 20, 2026
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What can you do with your home equity? |
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We've been talking a lot about equity lately — and for good reason. But knowing you have it is just the first step.
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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 Access
What your equity can do for you right now
If you've been a homeowner for a few years, chances are you've built meaningful equity in your property. That equity isn't just a number on paper — it's a real financial asset you can tap into when it makes sense for your situation. Whether you're thinking about a major home project, consolidating higher-interest debt, or funding education or other goals, a home equity line of credit or cash-out refinance might be worth exploring. The right move depends on your goals, timeline, and financial picture. I'd love to walk you through what's possible and what the real costs and benefits look like for you specifically. Let's talk about whether tapping your equity makes sense for your plans.
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Tip of the Week
If your credit score is below 740, even small improvements before applying for a mortgage can save you thousands over the life of the loan.
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Tips for Homeowners
Weatherproofing Your Home Before Winter
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1.
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Clean your chimney if you have a fireplace. The National Fire Protection Association recommends annual inspection and cleaning to prevent chimney fires.
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2.
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Check attic insulation and ventilation before winter. Inadequate insulation leads to heat loss, higher energy bills, and ice dams on the roof that can cause significant damage.
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3.
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Inspect weatherstripping on all exterior doors. A simple dollar-bill test works: close the door on a bill — if you can pull it out easily, your weatherstripping needs replacing.
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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 Steven Cooper team any time and we'll walk you through your options. |
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1166 E Warner Rd, Suite 101P Gilbert, AZ 85296
480-720-4857 | https://artemismtg.com/
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