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Mortgage Market Update
Tambra Jenkins / Mortgage Queen
Xpert Home Lending LLC
Tuesday, October 20, 2026
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Refinancing 101: does it work for you? |
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A Note From Tambra Jenkins / Mortgage Queen
Rates are moving and so are buyers. If you've been sitting on the sideline, now is the time to get your numbers in order. Reply to this email and let's talk.
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Refinancing gets talked about a lot, but not always in plain terms. This week I want to cut through the noise and help you think clearly about whether it's worth considering.
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National Mortgage Rates · October 16, 2026
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Conventional 30-Year
7.28%
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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.
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Refinancing Basics
Should you refinance? Here's how to know.
Refinancing isn't one-size-fits-all, and it's worth understanding when it actually makes sense for your situation. The idea is simple: you replace your current loan with a new one, usually to lower your payment, shorten your timeline, or change your loan type. But there are costs involved, so the math matters. Sometimes a small rate improvement won't offset what you'll pay to refinance. Other times, it's clearly the right move. That's where a real conversation helps. I can walk you through your specific numbers and show you whether refinancing pencils out for you right now.
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Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
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Tips for Homeowners
Year-End Tax & Mortgage Planning
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1.
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Consider making your January mortgage payment in December to get an extra month of deductible interest in the current tax year (consult your tax advisor first).
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2.
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If you plan to sell next year, now is a good time to document improvements — receipts and records add to your cost basis and reduce taxable capital gain at sale.
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3.
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Review your W-4 withholding if you bought a home this year — your mortgage interest deduction may mean you're having too much withheld from each paycheck.
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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 Tambra Jenkins / Mortgage Queen team any time and we'll walk you through your options. |
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9164104430 | hhtps://tjmortgagequeen.com
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