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Mortgage Market Update
My Mortgage Company
Brent Busch
Tuesday, October 20, 2026
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Your mortgage doesn't have to look like theirs |
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Not all mortgages are created equal—and that's actually good news. Here's what I mean.
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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
Why your neighbor's mortgage might not be right for you
There's no one-size-fits-all mortgage. The loan program that makes sense depends on your timeline, how stable your income is, what you plan to do with the home, and what matters most to you—lower payments now or predictability down the road. A 30-year fixed works great for some people; an ARM or a shorter term might fit someone else better. Even within fixed loans, the details change how the math works out for your situation. That's why I always ask questions first instead of pushing one product. The right choice is the one that matches your actual life, not just the one with the flashiest marketing. Let's talk through which program could work best for where you are today.
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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
Brent Busch
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