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Mortgage Market Update
My Mortgage Company
Shane Braninburg — Shane Braninburg
Thursday, August 20, 2026
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Does refinancing make sense for your home? |
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Hi there. This week I wanted to touch on a question that comes up a lot — and the answer is rarely one-size-fits-all.
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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
I talk to homeowners regularly who wonder if refinancing could work for them. The truth is, it depends on your specific situation — how long you plan to stay in your home, what your current rate is, and what's available to you now. Some people refinance to lower their monthly payment. Others use it to shorten their loan term or tap into equity for a major expense. The key is understanding your own goals before you reach out. I'm happy to walk through the numbers with you — no obligation, just clarity. That's how you'll know if it makes sense for your wallet. Let's talk through whether refinancing could work for you right now.
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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.
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Tips for Homeowners
Weatherproofing Your Home Before Winter
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1.
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Clean your chimney if you have a fireplace. The National Fire Protection Association recommends annual inspection and cleaning to prevent chimney fires.
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2.
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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.
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3.
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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.
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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
Shane Braninburg — Shane Braninburg
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