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Mortgage Market Update
Brenda Rodriguez
Brenda Merecka Rodriguez
Tuesday, October 20, 2026
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Different loan options you might not know about |
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Every mortgage is not created equal. There are more choices out there than most borrowers realize.
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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
One of the biggest surprises I see is homeowners who don't realize they might have options beyond the loan they currently have. Maybe you locked in a 30-year fixed years ago, but now a different program could work better for your situation. Or perhaps you're buying and haven't heard about programs designed specifically for people in your position—first-time buyers, rural borrowers, or those with credit challenges all have paths forward. The program that makes sense depends on your timeline, how long you plan to stay in the home, and what matters most to you each month. It's worth a conversation to see what's actually available to you, because the right fit can make a real difference in your financial picture. Let's talk about what loan programs might work 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 Brenda Rodriguez team any time and we'll walk you through your options. |
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