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Mortgage Market Update
My Mortgage Company
Julio C Quintana — Julio C Quintana
Wednesday, August 19, 2026
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Does refinancing make sense right now? |
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I get a lot of questions about refinancing when market conditions shift. Let me share what actually matters when you're deciding whether to move forward.
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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 Readiness
When refinancing actually makes sense
Refinancing isn't always the right move, even when rates shift. The real question isn't whether rates dropped—it's whether a new loan saves you money over time. That means looking at your closing costs, how long you plan to stay in your home, and what your new payment and interest rate would actually be. Sometimes the math works. Sometimes it doesn't. I've seen borrowers come out way ahead, and I've also talked people out of refinancing because the numbers just didn't line up for their situation. The best time to explore it is before you decide, not after. That's when you have options and real information to work with. Let's run the numbers together and see if refinancing is worth your time.
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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 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
Julio C Quintana — Julio C Quintana
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