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Mortgage Market Update
Colt Lending Powered by Edge Home Finance
Colt Lending Powered by Edge Home Finance
Tuesday, October 20, 2026
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Does refinancing make sense right now? |
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I get asked about refinancing a lot, and the answer is rarely a simple yes or no. Let me break down what actually matters when you're thinking about making a move.
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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
When does refinancing actually make sense?
Refinancing isn't right for everyone, and the math matters more than the hype. The real question is whether your new loan terms will save you money over the time you plan to stay in your home—not just whether rates have moved. Sometimes a refinance makes sense; sometimes staying put does. I've seen borrowers save thousands, and I've also steered people away from a refi that would have cost them in the long run. If you've been wondering whether it's worth exploring, I'm happy to walk through your specific situation with you, no pressure. A quick conversation can tell you exactly where you stand.
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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 Colt Lending Powered by Edge Home Finance team any time and we'll walk you through your options. |
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112 Queen Anne Dr, Leander, TX 78641
(682) 270-9245 | https://coltlending.com/
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