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Mortgage Market Update
Dusty Feller
Dusty Feller
Tuesday, October 20, 2026
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Loan programs aren't all created equal |
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Hi there. Each week I share something real about mortgages—the things that actually matter when you're buying or refinancing.
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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
Your loan type shapes your whole mortgage experience
Not all mortgages work the same way. Fixed-rate loans lock in your payment for the life of the loan—predictable and stable. Adjustable-rate mortgages start lower but can change over time. Government-backed programs like FHA, VA, and USDA have different rules, down payment options, and who qualifies. The right choice depends on how long you plan to stay, your budget, and what fits your life. I've seen borrowers pick a loan type without really understanding how it works, then get surprised later. Spending time upfront to understand your options means fewer surprises down the road and a mortgage that actually works for you. Let's talk through which loan type makes the most sense for 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 Dusty Feller team any time and we'll walk you through your options. |
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