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Mortgage Market Update
My Mortgage Company
Ryan Harding — PLAY HARDING LLC
Tuesday, October 20, 2026
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Picking the right loan for your situation |
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Hi there. With so many mortgage options out there, it's easy to focus only on rates and miss something equally important: the loan program itself.
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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 are built the same
When you're shopping for a home or thinking about refinancing, the interest rate gets most of the attention. But the loan program itself—whether it's a conventional loan, an FHA loan, a VA loan, or something else—shapes your entire borrowing experience. Different programs have different requirements, benefits, and trade-offs. Some may let you put down less money upfront. Others might work better if your credit is still being built. Some are designed specifically for military service members or rural properties. The right program for you depends on your situation, not just the rate on the board. That's why I always recommend exploring what options actually fit your life before locking in a decision. If you'd like to talk through which loan program makes sense for your goals, I'm here to walk you through it.
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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
Ryan Harding — PLAY HARDING LLC
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