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Mortgage Market Update
My Mortgage Company
Jeremy Shane Jordan
Tuesday, October 20, 2026
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Fixed or adjustable: which fits your plan |
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One of the most important choices in a mortgage isn't always the most obvious. Your loan type can shape your payment stability and long-term costs in ways that really matter.
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National Mortgage Rates · October 16, 2026
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Conventional 30-Year
7.28%
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Source: Optimal Blue daily mortgage indices via FRED
Rates shown are national mortgage index rates 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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Fixed vs. Adjustable
Why your loan type matters more than you think
When you're shopping for a mortgage, one of the biggest decisions is whether to lock in a fixed rate or go with an adjustable one. A fixed rate stays the same for the life of your loan—predictable and stable. An adjustable rate starts lower but can change over time, which means your payment could go up (or down) depending on market conditions. The right choice depends on your plans, your risk tolerance, and how long you expect to stay in the home. If you're planning to be there for decades, fixed often makes sense. If you think you'll move or refinance in a few years, adjustable might be worth exploring. I'd love to walk you through how each works for your situation. Let's talk about which loan type makes the most sense for you.
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Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
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Tips for Homeowners
Year-End Tax & Mortgage Planning
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1.
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Consider making your January mortgage payment in December to get an extra month of deductible interest in the current tax year (consult your tax advisor first).
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2.
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If you plan to sell next year, now is a good time to document improvements — receipts and records add to your cost basis and reduce taxable capital gain at sale.
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3.
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Review your W-4 withholding if you bought a home this year — your mortgage interest deduction may mean you're having too much withheld from each paycheck.
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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
Jeremy Shane Jordan
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