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Mortgage Market Update
Matt Isaacs
Matt Isaacs
Thursday, August 20, 2026
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Should you think about refinancing? |
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Some weeks bring questions about refinancing — and for good reason. It's a tool that can work really well when it's the right fit for your situation.
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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 a refinance makes financial sense
Refinancing isn't always the right move — it depends on your goals and where rates stand relative to your current loan. Some borrowers refinance to lower their monthly payment or shorten their loan term. Others tap into home equity for a major expense or to consolidate debt. The key is understanding what you're trying to accomplish and whether the math actually works in your favor. If you've been thinking about it but aren't sure whether it's worth exploring, I'm happy to walk through your options. A quick conversation can help you see if refinancing aligns with your timeline and financial picture. Let's talk about whether refinancing could work for 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 Matt Isaacs team any time and we'll walk you through your options. |
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