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Mortgage Market Update
My Mortgage Company
Jennifer Bedford — Jennifer Bedford
Wednesday, August 19, 2026
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Should you refinance your mortgage? |
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Hi there. I want to share some practical thinking about refinancing this week—and when it's actually worth considering.
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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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Refinance Timing
When a refi actually makes sense for you
Not every refinance is worth doing. I talk to homeowners all the time who are curious whether refinancing makes financial sense—and the answer depends on a few personal factors, not just whether rates have moved. How long you plan to stay in your home, what you'd pay in closing costs, and your current loan terms all play a role. Sometimes staying put is the smarter move. I'd rather help you think this through clearly than push you toward something that doesn't fit your situation. If you've been wondering whether it's worth exploring, I'm happy to walk through the numbers with you—no pressure, just honest guidance. Send me a message and we can talk through whether refinancing makes sense for your goals.
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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
Jennifer Bedford — Jennifer Bedford
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