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Mortgage Market Update
My Mortgage Company
Peyton Fullerton
Tuesday, October 20, 2026
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Picking the right mortgage program |
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Every borrower's path is different, and so is every mortgage. This week I want to break down why the loan program you choose matters just as much as the numbers.
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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 is actually right for you
When you're shopping for a mortgage, the program you choose matters as much as the rate itself. Some loans let you put down less money upfront. Others reward you for a larger down payment. Some have fixed payments forever; others adjust over time. And depending on your situation—first-time buyer, investment property, cash-out refinance—different programs open different doors. I find that borrowers who understand their options make faster decisions and feel more confident in their choice. The best loan for your neighbor might not be the best for you, and that's okay. Let's talk about what's available and what actually fits your goals and budget. Reach out and we can walk through which programs make sense for your situation.
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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
Peyton Fullerton
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