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Mortgage Market Update
My Mortgage Company
Eddie Berengue — Edge Home Finance
Wednesday, August 19, 2026
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Does refinancing make sense for you right now? |
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Some weeks the question isn't whether you can refinance—it's whether you should. Let me break down what actually matters.
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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
Refinancing isn't always the right move, even when rates look attractive. The real question is whether the savings over time outweigh the closing costs you'd pay upfront. Some borrowers benefit from shortening their loan term or switching from adjustable to fixed rates. Others find that their current loan is already working well for their situation. I help clients run the real numbers—not the marketing version—so you can make a decision based on your actual timeline and goals, not just a rate flyer. If you're curious whether refinancing could help your specific situation, I'm happy to walk through the numbers with 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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1.
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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
Eddie Berengue — Edge Home Finance
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