Edgar Franco · October 20, 2026

Your loan options, explained simply

Mortgage Market Update

Edgar Franco

Edgar Franco

Tuesday, October 20, 2026

Your loan options, explained simply

Every homebuyer and homeowner has different needs, and lenders offer different paths to meet them. Here's what you should know about finding the right fit for you.

National Mortgage Rates · October 16, 2026

Conventional 30-Year

7.28%

FHA 30-Year

7.13%

VA 30-Year

6.93%

Rate trend

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.


Loan Program Options

Which loan program fits your goals?

Not all mortgages are the same, and the right program depends on your situation. Some borrowers benefit from fixed-rate loans that lock in predictability. Others may qualify for programs designed to help with down payments, lower closing costs, or flexible credit requirements. The catch: you won't know which programs you actually qualify for until you have a conversation about your specifics—income, credit, savings, and timeline. That's where I come in. I can walk you through what's available to you and what each option really means for your monthly payment and long-term costs. If you're thinking about buying, refinancing, or just curious what your options are, let's talk.

Reach out anytime—no obligation, just answers.

Tip of the Week

Your loan officer can run a credit simulator to show exactly which actions will move your score the most.

Tips for Homeowners

Year-End Tax & Mortgage Planning

1.

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).

2.

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.

3.

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.

Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Edgar Franco team any time and we'll walk you through your options.

Your Mortgage Advisor

E

Edgar Franco

Edgar Franco

loans@edgarfranco.com

You are receiving this from Edgar Franco.  Unsubscribe