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Mortgage Market Update
My Mortgage Company
Pearl Cook | Edge Home Finance
Tuesday, October 20, 2026
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Picking the right loan type for you |
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One of the most important decisions in a mortgage is often overlooked. Here's what you should know about loan structure and why it matters.
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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 loan type matters more than you think
Not all mortgages work the same way, and picking the right program for your situation can make a real difference over time. Some loans offer flexibility; others lock in stability. Some come with built-in options down the road; others keep things simple. The right choice depends on your timeline, how long you plan to stay in your home, and what kind of payment predictability matters most to you. It's worth taking time to understand what you're actually signing up for—not just the rate, but how the loan itself is structured. I'm here to walk you through the options and help you find the fit that makes sense for your goals. Let's talk through which program might work best 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
Pearl Cook | Edge Home Finance
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