|
Mortgage Market Update
My Mortgage Company
Marcus Szczerbacki
Thursday, September 3, 2026
|
Should you refinance? Let's find out. |
|
Hi there — I wanted to share some thoughts on a question I hear often from homeowners. Whether refinancing makes sense depends on your goals and your timeline, and I'm happy to help you figure out where you stand.
|
|
National Mortgage Rates · August 27, 2026
|
%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.
|
|
|
|
Smart Refinancing
When refinancing makes sense for your situation
A lot of homeowners ask me whether they should refinance, and the honest answer is: it depends. Refinancing isn't always the right move, but when the timing and numbers align, it can lower your monthly payment, shorten your loan term, or help you tap equity for a big project. The key is understanding what you're trying to accomplish and whether the costs to refinance are worth the benefit you'll gain over time. I'm here to walk you through the math and help you decide if it's worth exploring right now. Let's talk about whether refinancing could work for you — reach out anytime.
|
|
Tip of the Week
Schedule a plumber to inspect older homes for slow leaks — water damage is expensive and often hidden until it's serious.
|
|
Tips for Homeowners
Jumbo Loans: What They Are and How They Work
|
|
1.
|
A jumbo loan exceeds the conforming loan limit set by the FHFA — $766,550 in most areas for 2024, higher in designated high-cost markets. These loans can't be sold to Fannie Mae or Freddie Mac.
|
|
2.
|
Jumbo loans typically require stronger credit (often 700+), larger down payments (10–20%), and more cash reserves. Underwriting is more thorough and can take longer.
|
|
3.
|
Rates on jumbo loans are sometimes comparable to or even lower than conforming rates, depending on market conditions. Don't assume a jumbo loan means a worse deal — shop lenders.
|
|
|
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
Marcus Szczerbacki
|
|
|
|
You are receiving this from Marcus Szczerbacki. Unsubscribe
|