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Mortgage Market Update
My Mortgage Company
Dylan Crews
Tuesday, October 20, 2026
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Which loan type is right for you? |
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Every mortgage isn't the same, and that's actually good news. The program you choose should match your real situation and goals—not just grab the lowest rate you see.
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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 Program Fit
Finding the right loan program for your situation
Not all mortgages are created equal, and the best loan program for your neighbor might not be the best for you. Whether you're a first-time buyer, planning to stay put for decades, or considering a move in a few years, the program you choose affects your rate, your payment, and your long-term costs. Some programs work better if you have a larger down payment. Others make sense if you want to keep your monthly payment predictable. Some borrowers benefit from programs designed for specific life situations—like a primary residence versus an investment property. The right fit comes down to your goals, timeline, and comfort level. I'd like to walk through what's available to you and what might work best for your circumstances. Let's talk about which 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
Dylan Crews
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