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Mortgage Market Update
My Mortgage Company
Levelup Coaching
Tuesday, October 20, 2026
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Fixed or adjustable—what's your move? |
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Hi there. I know mortgage loans can feel like they're all the same, but the structure of your loan matters just as much as the rate.
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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
Fixed vs. adjustable: which matches your plan?
One of the biggest choices in a mortgage isn't about how much to borrow—it's about how your rate behaves over time. A fixed-rate loan locks in the same rate and payment for the life of the loan, which means predictability and peace of mind. An adjustable-rate mortgage (ARM) typically starts lower but can change after an initial period, which can work well if you're planning to sell or refinance before rates adjust. Neither is right for everyone. The best choice depends on how long you plan to stay in your home, your comfort with payment changes, and where rates sit right now. I'd love to walk through both options with you and show how each would look in your specific situation. Let's talk about which structure fits your timeline and comfort level.
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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
Levelup Coaching
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