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Mortgage Market Update
Ryan Stoker
Barrett Financial
Wednesday, August 19, 2026
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Does refinancing make sense for you? |
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Hi there,
One of the most common questions I get is about refinancing. Let me break down how to think about 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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Refinancing Basics
When refinancing actually makes sense
A lot of homeowners ask me whether they should refinance, and the answer really depends on your personal situation. Refinancing isn't automatically the right move just because rates shift or because you've heard someone else talk about it. The real question is whether the long-term benefit outweighs the cost of refinancing itself. Sometimes staying put in your current loan is smarter than starting over. That's why I always recommend we sit down and run the real numbers for your specific scenario—your remaining loan term, how long you plan to stay in the home, and what your goals actually are. I'm here to give you honest guidance, not a sales pitch. Let's talk through whether refinancing makes sense for you right now.
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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 Ryan Stoker team any time and we'll walk you through your options. |
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