|
Mortgage Market Update
Kaitlyn Kaczmar
Kaitlyn Kaczmar
Thursday, August 20, 2026
|
Should you think about refinancing? |
|
Hi there—this week I want to talk about refinancing, and when it actually makes financial sense. Whether you're a longtime homeowner or newer to the market, it's a tool worth understanding.
|
|
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 Readiness
When refinancing makes sense for your situation
Refinancing isn't always the right move, but it's worth understanding when it could help. The main reasons people refinance are to lower their monthly payment, shorten their loan term, or switch from an adjustable to a fixed rate. Each has different math behind it, and each makes sense at different times in your homeownership journey. The key is knowing what you're trying to accomplish before you start shopping. If you're curious whether refinancing could work for you—or if you've been wondering whether now is the right time—I'd love to walk through your specific situation. There's no one-size-fits-all answer, but there's usually clarity once we look at the numbers together. Let's talk through whether refinancing might be right for you.
|
|
Tip of the Week
If your credit score is below 740, even small improvements before applying for a mortgage can save you thousands over the life of the loan.
|
|
Tips for Homeowners
Weatherproofing Your Home Before Winter
|
|
1.
|
Clean your chimney if you have a fireplace. The National Fire Protection Association recommends annual inspection and cleaning to prevent chimney fires.
|
|
2.
|
Check attic insulation and ventilation before winter. Inadequate insulation leads to heat loss, higher energy bills, and ice dams on the roof that can cause significant damage.
|
|
3.
|
Inspect weatherstripping on all exterior doors. A simple dollar-bill test works: close the door on a bill — if you can pull it out easily, your weatherstripping needs replacing.
|
|
|
Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Kaitlyn Kaczmar team any time and we'll walk you through your options. |
|
|
You are receiving this from Kaitlyn Kaczmar. Unsubscribe
|