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Mortgage Market Update
Dante Zompetti
Company Leads - A-Z Lending
Tuesday, October 20, 2026
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Fixed or adjustable—which works for you? |
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Different loan programs are built for different borrowers. This week, let's cover one of the most important decisions you'll make when you apply.
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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 Program Basics
Fixed or adjustable: which loan fits your plan?
When you're shopping for a mortgage, one of the biggest choices is the loan type itself. A fixed-rate loan keeps the same interest rate and payment for the entire loan term—predictable and stable, which most people prefer. An adjustable-rate mortgage starts lower but can change after an initial period, which means your payment could go up or down depending on market conditions. Neither is right or wrong; it depends on how long you plan to stay in the home, your comfort with payment changes, and your financial situation. If you're not sure which makes sense for your goals, I'm here to walk through the trade-offs with you. Let's talk about which loan structure aligns best with your situation.
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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 Dante Zompetti team any time and we'll walk you through your options. |
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