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Mortgage Market Update
Kristopher McCury
Kristopher McCurry
Wednesday, August 19, 2026
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What a small rate move means for you |
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Hi there. I wanted to share some clarity on how mortgage rates actually impact your buying power and monthly costs.
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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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Affordability & Rates
When rate changes actually shift your budget
You've probably heard that mortgage rates move regularly—but what does that mean for your wallet? When rates shift, even by a small amount, your monthly payment can change meaningfully. That's why I always encourage folks to think beyond today's snapshot. Whether you're shopping for a home, considering a refinance, or just curious about your options, understanding how rate movement affects affordability helps you make smarter timing decisions. The goal isn't to time the market perfectly—it's to know where you stand and what your real costs look like. If you've been wondering whether now is the right moment to act on a mortgage goal, let's talk through your situation together. Reach out whenever you'd like a straightforward conversation about what rates mean for your specific plans.
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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 Kristopher McCury team any time and we'll walk you through your options. |
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