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Thursday, August 20, 2026 |
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Mortgage Market Update
Should you refinance? Let's find out.
Hi there,
Not every market moment calls for a refinance—but some do. Here's how to know if this is the right time for you.
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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 for your situation
Refinancing isn't a one-size-fits-all move—it depends on where you are with your loan, how long you plan to stay in your home, and what rates are doing. Some folks refinance to lower their monthly payment. Others use it to shorten their loan term, build equity faster, or tap into equity for a major expense. The key is understanding your own goal first, then seeing whether the numbers actually work in your favor. I'm here to walk through your specific scenario and show you whether refinancing could genuinely help you or if staying put is the smarter call.
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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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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 Sylvia Sanders team any time and we'll walk you through your options.
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12230 El Camino Real #100 San Diego, CA 92130
760-429-4470
The Sanders Team | Military Lending Pros · Unsubscribe
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