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Mortgage Market Update
My Mortgage Company
Becky Conner
Tuesday, October 20, 2026
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The mortgage program matters more than you think |
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Hi there. This week I want to talk about something that doesn't always get the spotlight, but absolutely should.
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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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Loan Programs
Not all mortgages work the same way
When you're shopping for a home or thinking about refinancing, the interest rate gets most of the attention — but the loan program itself matters just as much. Different programs come with different rules about down payments, credit requirements, how long you have to pay back the loan, and what happens if rates change. Some programs protect you with a fixed rate; others let you start lower and adjust later. Your income, credit, the property type, and your goals all play a role in which programs actually fit your situation. The wrong program can cost you flexibility or money over time. The right one can open doors you didn't know existed. I'd love to walk you through what's available to you. Let's talk about which loan program makes the most sense for where you are right now.
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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
Becky Conner
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