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Mortgage Market Update
My Mortgage Company
Tyson Wynia — Tyson Wynia
Tuesday, October 20, 2026
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Choosing the right type of mortgage |
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Hi there. One of the best moves you can make is understanding your options before you decide.
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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 home or thinking about refinancing, the interest rate gets most of the attention—but the type of loan you choose matters just as much. Fixed-rate mortgages keep your payment locked in for the life of the loan. Adjustable-rate loans may start lower but can change over time. Some programs let you put down less upfront. Others are built for jumbo properties or specific borrower situations. The right choice depends on your timeline, risk tolerance, and what you're trying to accomplish. I'd love to walk you through which programs might make sense for your situation. Let's talk about which loan type 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 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
Tyson Wynia — Tyson Wynia
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