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Mortgage Market Update
Paige Lott
Paige Lott
Tuesday, October 20, 2026
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Your loan program might not match your plan |
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Not all mortgages are created equal. Here's why it matters to you.
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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
Why your neighbor's loan might not work for you
I talk to a lot of homeowners who assume there's one standard mortgage out there. The truth is, loan programs are built for different situations—and picking the wrong one can cost you thousands over time. Some borrowers benefit from fixed rates for predictability. Others have options that let them build equity faster or qualify for more house. The right choice depends on your timeline, your financial picture, and what matters most to you. I'd love to walk through what programs might make sense for your specific situation—no obligation, just clarity. Let's talk about which loan program fits your goals.
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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 Paige Lott team any time and we'll walk you through your options. |
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