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Mortgage Market Update
My Mortgage Company
Jared Fuller — Jared Fuller
Wednesday, August 19, 2026
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Does refinancing actually pay off? |
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Homeowners often ask me whether they should refinance, but the answer isn't always yes. This week I'm breaking down what actually matters when you're deciding.
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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 a refi makes sense (and when it doesn't)
Refinancing isn't always the right move, even when rates drop or your situation changes. The math depends on how long you plan to stay in your home, your current loan terms, and what you'd actually pay to refinance. Sometimes staying put is smarter than trading in your existing mortgage. That said, if you've built equity, improved your credit, or your life circumstances have shifted, it might be worth a conversation. I can walk you through the real numbers—not the sales pitch—so you know whether refinancing would actually put you ahead. No obligation, just honest math. Reach out if you'd like to explore whether refinancing makes sense for your situation.
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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
Jared Fuller — Jared Fuller
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