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Mortgage Market Update
My Mortgage Company
LaTasha Walker
Tuesday, October 20, 2026
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Picking the right loan type for your needs |
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Hi there. Every week, I help homeowners and homebuyers understand the choices in front of them—and this week, I want to talk about loan programs.
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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
Which loan type matches your situation?
Not all mortgages work the same way, and picking the right one matters more than most people realize. Some borrowers benefit from fixed rates that lock in predictability; others find adjustable programs make sense early on. First-time buyers have options that repeat buyers might not. Homeowners with substantial equity can access different tools than those earlier in their loan. The right choice depends on your timeline, your comfort with payment changes, and what you're trying to accomplish. If you're not sure which program fits your goals, that's exactly what I'm here to help you sort through. Let's talk about what actually makes sense for your specific situation. Get in touch and we'll walk through what might work best for you.
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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
LaTasha Walker
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