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Mortgage Market Update
My Mortgage Company
Eddie Berengue — Edge Home Finance
Tuesday, October 20, 2026
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Pick the loan program that fits you |
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Hey there. This week I want to talk about something that doesn't get enough attention: choosing the loan program that's actually right for your situation.
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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
The right loan program fits your life, not someone else's
One of the biggest decisions you'll make isn't about rates or terms—it's picking the loan program that actually matches how you live. Some programs reward you for staying put long-term. Others work better if you think you might move or refinance down the road. Some have more flexibility built in; others keep costs lower upfront. There's no universal 'best' choice. What works for your neighbor might create unnecessary headaches for you. The good news is that understanding your own situation—your timeline, your income stability, your comfort with adjustments—makes this decision much clearer. I'm here to walk you through what each option really means for your life, not just your paperwork. Let's talk about which program aligns with where you're headed.
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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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