Mortgage Market Update

Egan O'Brien

Tuesday, October 20, 2026

Which loan program fits your life?

Not all mortgages are created equal. The program you choose shapes how your loan behaves—and how much breathing room you have.

National Mortgage Rates · October 16, 2026

Conventional 30-Year

7.28%

FHA 30-Year

7.13%

VA 30-Year

6.93%

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.

Loan Programs

Your loan type matters more than you think

When you're focused on finding the right home, it's easy to treat your loan as just a loan. But the program you choose—fixed-rate, adjustable-rate, conventional, FHA, VA, USDA—shapes your payment stability, flexibility, and long-term costs in ways that last decades. The right fit for one borrower can be completely wrong for another, depending on your timeline, risk tolerance, and financial picture. If you haven't talked through which program actually aligns with your goals, now's a good time. I can walk you through the trade-offs so you're not just borrowing—you're borrowing smart.

Let's find the loan program that works best for your situation.

Tip of the Week

Your loan officer can run a credit simulator to show exactly which actions will move your score the most.

Tips for Homeowners

Year-End Tax & Mortgage Planning

1.	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).

2.	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.

3.	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.

Have questions about how any of this affects your mortgage or home purchase? We're here to help — reach out to the Egan O'Brien team any time and we'll walk you through your options.

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