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Mortgage Market Update
My Mortgage Company
Dana Fleischman
Tuesday, October 20, 2026
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Your loan options might be broader than you think |
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Hi there — this week I want to clear up something I hear a lot of confusion about. Your mortgage doesn't have to look like anyone else's.
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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
Why your neighbor's mortgage might work differently than yours
Not all mortgages are created equal — and that's actually good news for you. Depending on your situation, you might qualify for loan programs your friend doesn't, or vice versa. Some borrowers benefit from government-backed options that offer flexibility on down payments or credit requirements. Others find that conventional loans make the most sense. The program you choose affects not just your interest rate, but how much house you can afford, what documentation you'll need, and how long you'll be paying. It's worth understanding which options fit your specific circumstances — because the right program can mean real money over the life of your loan. Let's talk about what might make sense for you. Reach out and we can walk through which programs align with your goals.
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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
Dana Fleischman
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