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Mortgage Market Update
My Mortgage Company
George Lane
Tuesday, October 20, 2026
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Picking the right loan for your timeline |
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Not all mortgages are created equal—and the one that works depends entirely on you. Let me break down what matters.
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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
Which loan type actually fits your situation
There's no such thing as one mortgage that works for everyone. A 30-year fixed might be right for one borrower while an adjustable rate or shorter term makes sense for another—it depends on your timeline, risk comfort, and financial goals. The loan you choose affects not just your monthly payment, but how much interest you pay over time and what happens if rates move. If you're not sure whether your current loan is still the best fit, or if you're shopping for the first time, it's worth having a conversation about your actual priorities before you commit. I can walk you through how different programs work and which one aligns with where you're headed. Let's talk through which loan structure makes the most sense for your plans.
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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
George Lane
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