Robert Hetherington · August 19, 2026

Should you refinance? Let's run the numbers

Mortgage Market Update

Robert Hetherington

Robert Hetherington

Wednesday, August 19, 2026

Should you refinance? Let's run the numbers

Hi there. This week I'm tackling a question I hear often: is now a good time to refinance my mortgage?

National Mortgage Rates · August 13, 2026

30-Year Fixed

6.67%

VA 30-Year

6.33%

Rate trend

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.


Smart Refinancing

When refinancing makes sense for you

A lot of homeowners ask me whether they should refinance, and honestly, there's no one-size-fits-all answer. The decision depends on your situation — how long you plan to stay in your home, what your current rate and loan terms look like, and what's happening in the market. Sometimes a refinance cuts your monthly payment and saves you money over time. Other times, the costs don't justify the savings. The good news is that you don't have to guess. I can walk through the real numbers with you and show you whether a refinance pencils out for your specific circumstances. If it does, great. If it doesn't, we'll know that too, and I'll tell you straight.

Let's sit down and review whether refinancing makes sense for your home loan.

Tip of the Week

Inspect your attic insulation. Proper insulation reduces heating and cooling costs and can prevent ice dams on your roof.

Tips for Homeowners

Fall Home Prep: Heating, Safety & Systems

1.

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.

2.

Test smoke detectors and carbon monoxide detectors and replace batteries. Carbon monoxide poisoning risk rises when heating systems run more frequently.

3.

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.

Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Robert Hetherington team any time and we'll walk you through your options.

Your Mortgage Advisor

R

Robert Hetherington

Robert Hetherington

rhetherington@gosfc.com

5163837350

11 Garce Ave Suite 408 Great Neck NY 11021

5163837350  |  www.silverfincapital.com

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