|
Mortgage Market Update
Dwayne Kawar
Dwayne Kawar
Wednesday, August 19, 2026
|
Should you refinance your mortgage? |
|
Sometimes the smartest money move isn't about jumping on a rate drop—it's about knowing when one actually pays off for you. Here's what I'm thinking about this week.
|
|
National Mortgage Rates · August 13, 2026
|
%22%2C%22fill%22%3Atrue%2C%22tension%22%3A0.4%2C%22pointRadius%22%3A4%2C%22pointBackgroundColor%22%3A%22%233b5bdb%22%2C%22borderWidth%22%3A2%7D%5D%7D%2C%22options%22%3A%7B%22plugins%22%3A%7B%22legend%22%3A%7B%22display%22%3Afalse%7D%7D%2C%22scales%22%3A%7B%22y%22%3A%7B%22ticks%22%3A%7B%22callback%22%3A%22function(v)%7Breturn%20v%2B%5C%22%25%5C%22%7D%22%2C%22color%22%3A%22%23666%22%7D%2C%22grid%22%3A%7B%22color%22%3A%22rgba(0%2C0%2C0%2C0.06)%22%7D%7D%2C%22x%22%3A%7B%22grid%22%3A%7B%22display%22%3Afalse%7D%2C%22ticks%22%3A%7B%22font%22%3A%7B%22size%22%3A11%7D%2C%22color%22%3A%22%23666%22%7D%7D%7D%7D%7D&w=520&h=180&bkg=white&f=12) |
|
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.
|
|
|
|
Refinancing Basics
When does it make sense to refinance?
Refinancing isn't always the right move, even when rates look attractive. The real question is whether the long-term benefit outweighs the cost and time investment of a new loan. Some borrowers refinance to lower their rate or monthly payment. Others use it to switch from adjustable to fixed-rate terms, or to tap equity for a major expense. But if you're only a few years into your mortgage, the closing costs might take years to recoup through savings. I help borrowers run the actual numbers—not guesses—so you can decide with confidence. If you've been curious whether refinancing makes sense for your situation, let's talk through your specific loan and goals. Reach out anytime you'd like to explore whether refinancing could work for you.
|
|
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 Dwayne Kawar team any time and we'll walk you through your options. |
|
|
You are receiving this from Dwayne Kawar. Unsubscribe
|