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Mortgage Market Update
Kristen Williams
Kristen Williams
Thursday, August 20, 2026
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Does refinancing actually work for you? |
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There's a lot of noise out there about refinancing. I want to cut through it and help you figure out if it's the right move for you right now.
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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 Strategy
When refinancing makes sense (and when it doesn't)
Refinancing isn't always the right move, even when rates drop or your situation changes. The real question isn't whether you can refinance—it's whether the benefits outweigh the costs and time involved. I often talk with homeowners who've built solid equity or seen their credit improve, and we map out whether tapping into that value or lowering a payment actually moves them closer to their goals. Sometimes the answer is yes; sometimes it's better to stay put. Either way, it's worth an honest conversation about your timeline, what you're trying to accomplish, and what the real numbers look like. I'm here to walk through the math with you, no pressure. Let's talk through whether a refinance makes sense for your situation.
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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 Kristen Williams team any time and we'll walk you through your options. |
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