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Mortgage Market Update
My Mortgage Company
Travis Lang — Travis Lang
Wednesday, August 19, 2026
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Does refinancing make sense for you? |
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I get asked about refinancing at least once a week, and the answer is rarely a simple yes or no. Let me break down what actually matters when making this decision.
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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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Refinancing Basics
When refinancing actually makes sense
A lot of homeowners wonder whether refinancing is worth it. The truth is, it depends on your situation — how long you plan to stay in your home, what your current loan terms are, and where rates stand relative to your rate. I've worked with borrowers who saved significantly by refinancing, and others who realized it wasn't the right move. The key is doing the math honestly and understanding what you're trying to accomplish. Are you looking to lower your monthly payment, shorten your loan term, or tap into equity? Each goal points to a different strategy. I'm happy to walk through the numbers with you and help you figure out whether a refinance makes sense right now. Let's talk through your situation — reach out and we can explore what works for you.
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Tip of the Week
Inspect your attic insulation. Proper insulation reduces heating and cooling costs and can prevent ice dams on your roof.
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Tips for Homeowners
Fall Home Prep: Heating, Safety & Systems
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Have your heating system serviced before it's needed. A furnace failure in winter is an emergency — routine maintenance costs far less than emergency repairs.
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2.
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Test smoke detectors and carbon monoxide detectors and replace batteries. Carbon monoxide poisoning risk rises when heating systems run more frequently.
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3.
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Drain and shut off exterior faucets and sprinkler systems before the first freeze to prevent burst pipes — one of the most expensive and disruptive homeowner emergencies.
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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 My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Travis Lang — Travis Lang
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