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Mortgage Market Update
Stacy Jetton
Edge Home Finance
Tuesday, October 20, 2026
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Does refinancing make sense for you? |
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A lot of borrowers wonder if they should refinance, but the answer isn't the same for everyone. Let me break down how to think about it.
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National Mortgage Rates · October 16, 2026
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Conventional 30-Year
7.28%
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Source: Optimal Blue daily mortgage indices via FRED
Rates shown are national mortgage index rates 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 makes sense (and when it doesn't)
Refinancing isn't a one-size-fits-all move, and it shouldn't be. The right time depends on your loan balance, how long you plan to stay in your home, and where rates stand relative to your current mortgage. Some people benefit right away; others find the math doesn't work in their favor. That's why it's worth a real conversation before you decide. I can walk through the specifics of your situation—what you'd save, what it costs to refinance, and whether it actually makes sense for you. No pressure, just clarity.
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Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
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Tips for Homeowners
Year-End Tax & Mortgage Planning
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1.
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Consider making your January mortgage payment in December to get an extra month of deductible interest in the current tax year (consult your tax advisor first).
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2.
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If you plan to sell next year, now is a good time to document improvements — receipts and records add to your cost basis and reduce taxable capital gain at sale.
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3.
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Review your W-4 withholding if you bought a home this year — your mortgage interest deduction may mean you're having too much withheld from each paycheck.
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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 Stacy Jetton team any time and we'll walk you through your options. |
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404-431-8843 | https://www.JetLoan.com
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