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Mortgage Market Update
My Mortgage Company
Gabriel Lopez
Tuesday, October 20, 2026
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Which loan program fits your situation? |
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Everyone's home financing journey is different. Let's make sure you're in the right loan structure for your goals.
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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 all the attention—but the loan program itself matters just as much. Different programs come with different rules about down payments, credit requirements, closing costs, and long-term flexibility. A conventional loan works differently than an FHA loan, which works differently than a VA or USDA loan. Some programs let you build equity faster; others are designed to help borrowers with smaller down payments get approved. The right fit depends on your situation, your timeline, and your goals. I'd be happy to walk you through which programs might make the most sense for you. Let's talk about which loan program could work best for your next move.
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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
Gabriel Lopez
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