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Mortgage Market Update
Joshua Switzer
Joshua Switzer
Tuesday, October 20, 2026
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Which mortgage program works for you? |
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Every borrower's situation is different, and the mortgage market reflects that. This week I want to help you understand which loan programs might actually apply to you.
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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
Loan types: which one fits your situation?
Not all mortgages are created equal, and the right loan program for you depends on where you are in life. Some borrowers benefit from fixed rates that lock in predictability for decades. Others qualify for programs designed specifically for first-time buyers or those with a smaller down payment. If you've owned your home for years, you might have options that didn't exist when you first bought. The landscape of loan programs is wider than most people realize—and choosing the wrong one can cost you unnecessary money over time. I'd love to walk you through what's available and honest about what makes sense for your goals. Let's talk through your loan options and find the best fit.
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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 Joshua Switzer team any time and we'll walk you through your options. |
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