The start of the year is a great opportunity to check in on your finances and make sure your home is supporting your long-term goals. Here are a few smart ways homeowners can strengthen their financial position in 2026:
Review Your Home Equity
With home prices continuing to trend upward, you may have built more equity than you think. Understanding your equity can help you plan for upgrades, future investments, or even a move down the road.
Look Into Refinancing Options
Mortgage rates are expected to remain more stable this year. If rates decline, refinancing may reduce your monthly payment or shorten your loan term, helping you save over time.
Create a Practical Home Budget
A new year often brings new costs. Be sure your budget includes funds for routine upkeep and surprise repairs. Reviewing your spending regularly can reveal opportunities to cut costs and stay on track.
Explore Real Estate Investment Opportunities
If a rental or vacation property is on your radar, 2026 may present promising options in suburban and emerging markets. Early research can position you to act when the timing is right.
Additionally, setting clear financial goals for the year can guide your decisions and keep you focused. A financial check-in at the beginning of the year helps ensure your home continues to work in your favor throughout 2026.