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Mortgage Market Update
Jaime Reyes
Reyes Home Lending
Thursday, August 20, 2026
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Your rate vs. everyone else's |
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Every week I hear borrowers comparing notes on rates. Here's what most people don't realize.
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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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Rate Movement
Why your neighbor's rate isn't your rate
I get asked this often: 'My friend just locked in X percent—why is mine different?' The truth is, mortgage rates are just the starting point. Your actual rate depends on your credit score, down payment size, loan type, property location, and dozens of other factors unique to your situation. Two people can apply on the same day and walk away with different numbers—and both be getting fair deals. Understanding what goes into your personal rate helps you make smarter decisions about timing a refinance or purchase. If you're curious what your numbers might look like, I'm here to walk through it without any pressure. Let's talk about what your rate would actually be.
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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 Jaime Reyes team any time and we'll walk you through your options. |
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Fort Collins, CO
(307)871-0606 | www.reyeshomelending.com
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