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Mortgage Market Update
Brett Stratton
Barrett Financial Group
Thursday, August 20, 2026
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Should you refinance? Here's how to tell. |
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Thinking about your mortgage and wondering what options might be available to you? I'm here to help you make sense of it 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 makes sense
A lot of homeowners wonder whether it's the right time to refinance their mortgage. The answer depends on your personal situation — where rates are headed, how long you plan to stay in your home, and what your current loan looks like. Sometimes refinancing can lower your payment or help you pay off your home faster. Other times, the costs don't justify the benefit. I'm here to help you run the numbers and figure out if it's worth exploring for you. Every situation is different, and there's no one-size-fits-all answer. If you're curious about whether refinancing could work in your favor, I'd be happy to walk through the details with you.
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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 Brett Stratton team any time and we'll walk you through your options. |
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2701 East Insight Way suite 150, Chandler, AZ 85286
+1 214-709-1484 | https://brettstratton.theradcrm.com/homepage
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