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Mortgage Market Update
My Mortgage Company
Mauricio Gonzalez-Roberts
Tuesday, October 20, 2026
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Fixed or adjustable—what's the right fit? |
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One of the most important decisions in getting a mortgage often goes overlooked. Let me break down what you need to know.
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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 loan makes sense for you
When you're shopping for a mortgage, one of the biggest choices isn't about the lender—it's about the type of loan itself. A fixed-rate mortgage locks in the same interest rate and payment for the life of the loan, which means predictability and peace of mind. An adjustable-rate mortgage starts lower but can change over time, which might work if you plan to sell or refinance before rates adjust. Neither is inherently "better"—it depends on your timeline, risk tolerance, and how long you're staying in the home. Understanding which structure fits your situation helps you make a choice you'll feel good about for years to come. Let's talk through which loan type aligns with your goals.
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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
Mauricio Gonzalez-Roberts
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