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Mortgage Market Update
My Mortgage Company
Trevor Rockett
Tuesday, October 20, 2026
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Your mortgage has more options than you think |
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Not every mortgage is built the same way. Here's what that means for 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
Not all mortgages work the same way
I talk to a lot of people who think a mortgage is a mortgage—you borrow money, you pay it back. But the truth is, different loan programs can work very differently for your situation. Some let you put down less upfront. Others offer flexibility if rates change. Some are built for people rebuilding credit. The program that makes sense for your neighbor might cost you more or fit worse with your timeline and goals. That's why I always ask questions first: What's your timeline? How long do you plan to stay? What matters most to you—lower upfront costs, predictability, or something else? Once I understand your picture, the right program usually becomes pretty clear. I'd love to walk through what's available for you. Let's talk about which loan program might be the best fit 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
Trevor Rockett
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