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Mortgage Market Update
My Mortgage Company
Nebil Mathewos
Tuesday, October 20, 2026
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Your mortgage options might be wider than you think |
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Every borrower's situation is different, and so are the loan programs that serve them. Here's what you should 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
Not all mortgages are built the same
When you're ready to buy or refinance, the loan program you choose shapes everything—your rate, your payment, how much you put down, and what flexibility you have down the road. Some borrowers qualify for programs they don't even know exist. Maybe you can put down less than you thought. Maybe there's a program that locks in your rate differently. Maybe you're eligible for something designed specifically for your situation. The right program isn't always the most common one; it's the one that fits your goals and your finances. That's why I always dig into options with my clients instead of just steering them toward one path. If you're thinking about buying, refinancing, or just curious what's actually available to you, I'd love to walk through the choices. Let's talk about which program makes the most sense for you.
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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
Nebil Mathewos
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