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Mortgage Market Update
My Mortgage Company
Jared Fuller — Jared Fuller
Tuesday, October 20, 2026
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What type of loan are you actually in? |
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Hi there. This week I want to cover something fundamental that a lot of borrowers don't think about once the papers are signed.
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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 Flexibility
Why your loan type matters more than you think
Not all mortgages work the same way. Whether you have a fixed-rate loan, an adjustable-rate mortgage, or something in between, the structure of your loan affects how your payment behaves over time, what options you'll have down the road, and how different market conditions might benefit or challenge you. Understanding what you're carrying—and whether it still fits your life—is worth revisiting every few years. If you've never sat down to review your actual loan structure, or if life has changed since you got your mortgage, it might be time for a conversation. I can walk you through what you have and whether alternatives make sense for your situation. Let's talk through your loan and what might work better for where you are now.
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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
Jared Fuller — Jared Fuller
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