Mortgage Market Update

Adele Krsek

Tuesday, October 20, 2026

Different loans for different people

One of the most common misconceptions I hear is that everyone's mortgage works the same way. The truth is more nuanced—and often works in your favor if you know what to look for.

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

Why your neighbor's mortgage might work differently than yours

Not all mortgages are built the same way. Beyond fixed versus adjustable rates, there are different loan programs—conventional, FHA, VA, USDA—each with its own rules about down payments, credit requirements, and who qualifies. Your situation might open doors to programs your friend can't use, or vice versa. The program you choose affects not just your approval odds, but your long-term costs and flexibility. Understanding what's actually available to you (rather than what you've heard works for someone else) is worth a conversation. I'm happy to walk through which programs make sense for your specific goals and finances.

Let's talk about which loan program fits your situation best.

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 Adele Krsek team any time and we'll walk you through your options.

Your Mortgage Advisor

Adele Krsek

adele@easelending.com

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