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Mortgage Market Update
Adele Krsek
Adele Krsek
Wednesday, August 19, 2026
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Should you refinance? Let's find out. |
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Hi there. This week I want to talk about refinancing—what it is, when it makes sense, and how to know if it's right for you.
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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 Strategy
When does refinancing actually make sense?
A lot of homeowners ask me if they should refinance, and the answer really depends on your personal situation. If rates have dropped since you got your mortgage, or your credit has improved, or you're looking to shorten your loan term, refinancing might work for you. But it's not automatic—you'll want to think about how long you plan to stay in your home and whether the savings justify the costs involved. I'm happy to walk through the numbers with you and help you figure out if it makes sense right now. Give me a call or send over a message, and we can talk through whether refinancing is worth exploring.
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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 Adele Krsek team any time and we'll walk you through your options. |
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