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Mortgage Market Update
My Mortgage Company
Bruno De Oliveira
Tuesday, October 20, 2026
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The loan type matters more than you think |
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Hi there. Every mortgage is not created equal, and understanding your options is the first step to making a smart decision.
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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. Different programs come with different rules about down payments, credit requirements, how long you have to repay, and what happens if rates move. A fixed-rate mortgage locks in your payment for decades. An adjustable rate might start lower but can change over time. Other programs are designed for first-time buyers, veterans, or people with less-than-perfect credit. The right choice depends on your situation, how long you plan to stay in your home, and your comfort with risk. I'd be happy to walk you through which programs make sense for you. Reach out anytime—I can explain which loan program fits your goals best.
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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
Bruno De Oliveira
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