Lester Marcano · October 20, 2026

Mortgages aren't one-size-fits-all

Mortgage Market Update

Lester Marcano

Lester Marcano

Tuesday, October 20, 2026

Mortgages aren't one-size-fits-all

Not every loan works the same way. Here's what you should know about your options.

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 Programs

Why your neighbor's mortgage might look nothing like yours

Not all mortgages are created equal—and that's actually a good thing. Depending on your situation, credit history, down payment, and long-term plans, you might qualify for a conventional loan, an FHA program, a VA benefit, or something else entirely. Each one has different rules about what you need upfront, how rates are set, and what happens down the road. The loan that makes sense for one borrower could be the wrong fit for another. That's why it's worth having a real conversation about your specific circumstances before you lock anything in. I can walk you through what's available and what might work best for your goals.

Let's talk about which loan program fits your situation—reach out and we'll find the right match.

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 Lester Marcano team any time and we'll walk you through your options.

Your Mortgage Advisor

L

Lester Marcano

Lester Marcano

lester@a-zlending.com

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