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Mortgage Market Update
My Mortgage Company
Duane Vizinau
Tuesday, October 20, 2026
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Why your loan program matters as much as your rate |
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Hi there—this week I want to pull back and look at something that doesn't always get the spotlight in mortgage conversations. Understanding your loan options is one of the smartest moves you can make.
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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
Not all mortgages work the same way
When you're shopping for a mortgage or thinking about refinancing, the interest rate gets most of the attention—but the loan program itself matters just as much. Different programs come with different rules about down payments, credit requirements, how long you have to pay back the loan, and what happens if rates move. Some programs give you flexibility; others lock things down tight. The right choice depends on your situation: how long you plan to stay in your home, how much you have saved, and what fits your budget today and tomorrow. I'd love to walk you through what's available and help you understand which program actually makes sense for your goals. Let's talk about which loan program fits your situation best.
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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
Duane Vizinau
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