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Mortgage Market Update
My Mortgage Company
Kelly Cuffe
Tuesday, October 20, 2026
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Does your loan type fit your plans? |
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Not sure which mortgage option is right for you? There's more to choosing a loan than just the interest rate.
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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
Picking the right loan type matters more than you think
Not all mortgages are created equal, and the one that works for your neighbor might not be the best fit for you. Some borrowers benefit from fixed rates that never change. Others find adjustable-rate loans make sense if they plan to move or refinance within a few years. Government-backed programs like FHA or VA loans have different rules and benefits than conventional financing. The key is matching your actual situation—how long you'll stay in the home, your risk tolerance, your timeline—to a loan structure that supports your goals, not one that sounds good in theory. That's where the conversation gets real. I'd like to walk through what's available and what might work best for your specific circumstances. Let's talk about which loan program aligns with your plans.
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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
Kelly Cuffe
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