|
Mortgage Market Update
My Mortgage Company
Jennifer Everhart
Wednesday, September 16, 2026
|
Does refinancing make sense for you? |
|
Hi there. Market conditions change, and so do your finances. Here's what you should know before you make a move.
|
|
National Mortgage Rates · September 10, 2026
|
Conventional 30-Year
6.76%
|
|
| |
|
%22%2C%22fill%22%3Atrue%2C%22tension%22%3A0.4%2C%22pointRadius%22%3A4%2C%22pointBackgroundColor%22%3A%22%233b5bdb%22%2C%22borderWidth%22%3A2%7D%5D%7D%2C%22options%22%3A%7B%22plugins%22%3A%7B%22legend%22%3A%7B%22display%22%3Afalse%7D%7D%2C%22scales%22%3A%7B%22y%22%3A%7B%22ticks%22%3A%7B%22callback%22%3A%22function(v)%7Breturn%20v%2B%5C%22%25%5C%22%7D%22%2C%22color%22%3A%22%23666%22%7D%2C%22grid%22%3A%7B%22color%22%3A%22rgba(0%2C0%2C0%2C0.06)%22%7D%7D%2C%22x%22%3A%7B%22grid%22%3A%7B%22display%22%3Afalse%7D%2C%22ticks%22%3A%7B%22font%22%3A%7B%22size%22%3A11%7D%2C%22color%22%3A%22%23666%22%7D%7D%7D%7D%7D&w=520&h=180&bkg=white&f=12) |
|
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.
|
|
|
|
Refinancing Basics
When refinancing makes sense (and when it doesn't)
Refinancing isn't always the right move, even when rates shift. The real question is whether the benefit you'd gain over time outweighs the cost to refinance. Sometimes it does—especially if you've built equity, your credit has improved, or you want to change your loan term. Other times, staying put makes more financial sense. The math is personal and depends on your specific situation: how long you plan to stay in the home, what you'd pay in closing costs, and how much your payment would actually drop. I'm happy to walk through the numbers with you—there's no obligation, and it only takes a conversation to figure out if refinancing could work in your favor. Let's talk through your options whenever you're ready.
|
|
Tip of the Week
Gift funds from family can be used toward a down payment on most loan types — your lender will need a simple gift letter.
|
|
Tips for Homeowners
VA Loans: Benefits Every Veteran Should Know
|
|
1.
|
VA loans require no down payment and no private mortgage insurance (PMI), making them one of the most powerful home-buying tools available to eligible veterans, active-duty service members, and surviving spouses.
|
|
2.
|
VA loans do require a funding fee (typically 1.25%–3.3% of the loan amount), which can be rolled into the loan. Veterans with a service-connected disability rating may be exempt from this fee.
|
|
3.
|
There's no VA loan limit for eligible borrowers with full entitlement — you can finance as much as a lender will approve. If you've had a prior VA loan, partial entitlement rules may apply.
|
|
|
Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the My Mortgage Company team any time and we'll walk you through your options. |
|
Your Mortgage Advisor
|
|
|
My Mortgage Company
Jennifer Everhart
|
|
|
|
You are receiving this from Jennifer Everhart. Unsubscribe
|
|