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Mortgage Market Update
My Mortgage Company
The Loan Lady Club
Tuesday, October 20, 2026
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Why your loan program matters more than you think |
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There's more to a mortgage than the rate. I want to walk you through what actually shapes your monthly payment and long-term costs.
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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 mortgage—whether you're buying or refinancing—the interest rate gets most of the attention. But the loan program itself matters just as much. Different programs have different rules about down payments, credit requirements, how long you have to repay, and what happens if rates move. A program that works beautifully for one borrower might not be the right fit for another. The good news is that once we understand your situation—your timeline, your comfort level with risk, what you're trying to accomplish—we can match you with a program designed for your actual life, not just the lowest rate on paper. That's where the real savings and peace of mind come from. Let's talk about which program makes sense for where you are right now.
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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
The Loan Lady Club
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