Taylor Henderson · October 20, 2026

Picking the right loan program for you

Mortgage Market Update

Taylor Henderson

Taylor Henderson

Tuesday, October 20, 2026

Picking the right loan program for you

Hi there. This week I want to talk about something borrowers don't always consider until late in the process—but probably should.

National Mortgage Rates · October 16, 2026

Conventional 30-Year

7.28%

FHA 30-Year

7.13%

VA 30-Year

6.93%

Rate trend

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.


Loan Programs

Why your loan program matters more than you think

Most people focus on interest rates when they're buying or refinancing, but your loan program is just as important. The type of loan you choose—whether it's conventional, FHA, VA, or another option—affects your down payment requirement, your monthly payment, how much you can borrow, and what flexibility you'll have down the road. The right program for your situation can mean the difference between a comfortable payment and one that stretches your budget too thin. If you've never talked through your actual options, or if your financial picture has changed since you last borrowed, it's worth a conversation. I'm here to walk you through what each program means for you.

Let's find the right fit for your next move—reach out anytime.

Tip of the Week

Your loan officer can run a credit simulator to show exactly which actions will move your score the most.

Tips for Homeowners

Year-End Tax & Mortgage Planning

1.

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).

2.

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.

3.

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.

Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Taylor Henderson team any time and we'll walk you through your options.

Your Mortgage Advisor

T

Taylor Henderson

Taylor Henderson

taylor@evolvecl.com

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