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Mortgage Market Update
My Mortgage Company
Eddie Berengue — Edge Home Finance
Tuesday, October 20, 2026
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Your situation may have changed since you bought |
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Life rarely stays the same. Your mortgage shouldn't feel frozen in time either.
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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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Affordability & Budget
When life changes, your mortgage might too
A lot can shift in a homeowner's life—job changes, growing family, unexpected expenses. Sometimes those changes make you wonder whether your current loan still fits your situation. Maybe you're paying more than feels comfortable, or you're curious whether a different loan structure could work better for where you are now. The good news: you have options. Whether it's exploring a different loan program, adjusting your timeline, or simply understanding what flexibility exists in your current mortgage, it's worth a conversation. I'm here to help you figure out what actually makes sense for your household, not what sounds flashy on paper. Let's talk about whether your mortgage is still the right fit for your life.
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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
Eddie Berengue — Edge Home Finance
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