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Mortgage Market Update
My Mortgage Company
Sabrina Linman
Tuesday, October 20, 2026
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Fixed or adjustable—which fits you? |
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Hi there. This week I want to break down one of the core choices you'll face when getting a mortgage.
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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 Program Basics
Fixed vs. adjustable: which one fits your plan?
One of the biggest decisions you'll make as a borrower is choosing between a fixed-rate loan and an adjustable-rate loan. A fixed rate stays the same for the life of your loan—predictable, stable, and easy to plan around. An adjustable rate typically starts lower but can change over time, which means your payment could go up down the road. Neither is automatically "better"—it depends on how long you plan to stay in your home, your comfort with uncertainty, and where rates are headed. If you're planning to refinance in five years, an adjustable rate might make sense. If you're staying put for decades, fixed usually wins. I'd love to walk you through the tradeoffs and help you figure out what aligns with your goals. Let's talk through which option 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 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
Sabrina Linman
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