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THIS WEEK
Could refinancing work in your favor?
Hi there. I've had several conversations this week about whether it's time to refinance, and I realized I haven't shared my thinking on when it actually makes sense.
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RATE SNAPSHOT · August 13, 2026
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30-YR FIXED
6.67%
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FHA 30-YR
6.46%
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VA 30-YR
6.36%
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Source: Freddie Mac PMMS & Optimal Blue via FRED. National averages — informational only.
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Refinance Strategy
When refinancing makes sense for your situation
Refinancing isn't always the right move, but it can be powerful when the timing and numbers align. Some people refinance to lower their monthly payment, others to shorten their loan term or tap equity for a major project. The key is understanding what you're trying to accomplish and whether the costs involved will actually benefit you in the long run. I always recommend looking at your specific scenario—how long you plan to stay in the home, what rates look like today versus your current loan, and what fees would be involved. If you're curious whether refinancing could work for you, I'm happy to walk through the math with no pressure or obligation. Let me know if you'd like to explore whether refinancing fits your goals.
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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 Brad Flores team any time and we'll walk you through your options.
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