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Mortgage Market Update
Max Lloyd
Max Lloyd
Friday, November 6, 2026
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You might have more equity than you realize |
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One of the best parts of homeownership is watching your investment grow. But most people don't stop to check in on just how much equity they've actually built.
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National Mortgage Rates · November 5, 2026
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Conventional 30-Year
7.18%
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Source: Optimal Blue daily mortgage indices via FRED · 30-yr: Freddie Mac weekly survey
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.
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Equity Building
Your home might be worth more than you think
If you bought your home a while ago, or if your neighborhood has seen activity lately, there's a good chance you've built equity you don't even realize. That's real money sitting in your property—and depending on your situation, it might be available to you right now. Knowing your home's current value matters. It affects what you could borrow against, whether a refinance makes sense, and honestly, just gives you peace of mind about one of your biggest assets. I can help you get a clear picture of where you stand without any pressure or obligation. Curious what your equity position looks like?
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Tip of the Week
Closing costs typically run 2-5% of the loan amount. Ask your lender for a Loan Estimate so there are no surprises.
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Tips for Homeowners
Protecting Yourself from Mortgage Scams
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1.
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Wire fraud is one of the fastest-growing real estate scams. Never wire closing funds based solely on email instructions — always verify account numbers by calling your title company at a number you look up yourself.
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2.
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Loan modification and foreclosure rescue scams target homeowners in distress. Legitimate help is available free through HUD-approved counseling agencies at 800-569-4287.
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3.
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Be wary of unsolicited offers to refinance or cash out equity at terms that sound unusually favorable. If someone contacts you out of the blue, verify their NMLS license number at nmlsconsumeraccess.org.
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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 Max Lloyd team any time and we'll walk you through your options. |
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2488261172 | lloydlendingteam.com
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