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Mortgage Market Update
Eric Maza
Eric Maza
Tuesday, October 20, 2026
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Why your mortgage type matters |
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Not all mortgages are created equal. The type of loan you carry shapes everything from how your payment works to what flexibility you have down the road.
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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 matters more than you think
Not all mortgages work the same way. Fixed-rate loans, adjustable-rate options, and government-backed programs each come with their own set of rules, advantages, and trade-offs. The right choice depends on your timeline, risk tolerance, and what you're trying to accomplish. Some borrowers benefit from flexibility; others sleep better with predictability. If you're buying now or thinking about your current loan, it's worth understanding what you're actually in—and whether a different structure might serve you better. I'm happy to walk you through how different loan types work and which might align with your situation. Let's talk about whether your current loan—or your next one—is the right fit for you.
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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 Eric Maza team any time and we'll walk you through your options. |
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