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Mortgage Market Update
My Mortgage Company
Luigi De Angelis
Thursday, September 17, 2026
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Does it make sense for you to refinance? |
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Hi there — I've had a lot of conversations lately with folks asking whether they should refinance their mortgage. Here's what I'm seeing.
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National Mortgage Rates · September 10, 2026
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Conventional 30-Year
6.76%
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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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Refinance Check
When refinancing actually makes sense
Refinancing isn't always the right move — but it can be when your circumstances change. Maybe rates have shifted enough to lower your payment, or you've built equity and want to tap it for something important. Maybe you're tired of an adjustable rate, or you want to shorten your loan term. The key is understanding what you're trying to accomplish and whether the cost of refinancing gets you there. I help borrowers do the math before they commit to anything. If you're wondering whether it's worth exploring for your situation, I'm happy to walk through the numbers with you — no pressure, just honest conversation. Reach out if you'd like me to take a look at your current loan and see what your options might be.
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Tip of the Week
Replace weatherstripping around exterior doors every few years. It's one of the cheapest ways to improve energy efficiency.
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Tips for Homeowners
USDA Loans: A Zero-Down Option for Rural Buyers
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1.
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USDA loans offer 100% financing (no down payment) for eligible properties in USDA-designated rural and suburban areas. The USDA's eligibility map may include areas closer to cities than you'd expect.
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2.
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USDA loans have income limits — typically 115% of the area median income. Both the property location and borrower income must qualify.
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3.
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There's an upfront guarantee fee (1% of the loan) and an annual fee (0.35% of the balance). These are lower than FHA mortgage insurance and can be rolled into the loan.
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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 My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Luigi De Angelis
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