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Mortgage Market Update
Agostino (Augie) Iacono | Powered by Barrett Financial Group
Agostino (Augie) Iacono | Powered by Barrett Financial Group
Wednesday, August 19, 2026
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Does refinancing make sense for you right now? |
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Hi there,
This week I'm sharing a framework I use to help clients decide whether refinancing is actually worth it.
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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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Smart Refinancing
When a rate drop is worth the paperwork
A lot of people ask me: how much do rates need to fall before I should refinance? The answer isn't one number—it depends on how long you plan to stay in your home, what you'll pay in closing costs, and what your new payment would actually be. Sometimes a modest rate improvement makes sense if you're staying put for years. Other times, waiting for a bigger move saves you money. I run these scenarios all the time, and the math often surprises borrowers—in a good way. If you've been curious about whether refinancing pencils out for your situation, let's talk through the real numbers together. Reach out anytime—I'm happy to run a quick comparison with no obligation.
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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 Agostino (Augie) Iacono | Powered by Barrett Financial Group team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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Agostino (Augie) Iacono | Powered by Barrett Financial Group
Agostino (Augie) Iacono | Powered by Barrett Financial Group
Augie@BarrettFinancial.com
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