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Mortgage Market Update
My Mortgage Company
Roberta Rustin
Tuesday, October 20, 2026
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Your best loan option probably isn't obvious |
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Every homeowner's situation is unique, and that goes for mortgages too. Here's what matters when choosing the right loan for you.
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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 loan might not be your best fit
One of the biggest mistakes I see is borrowers chasing what worked for someone else. Your coworker got a great deal on a 15-year fixed, or your friend locked in with an adjustable rate—but their financial picture is almost certainly different from yours. Loan programs aren't one-size-fits-all. The right choice depends on how long you plan to stay in the home, your comfort with payment changes, your income stability, and what makes sense for your goals. Spending time upfront to understand which program aligns with your actual situation can make the difference between a mortgage that feels like a good fit and one that creates stress. I'd love to walk through what's available and what might work best for your circumstances. 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
Roberta Rustin
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