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Mortgage Market Update
My Mortgage Company
Jeffrey Diaz
Tuesday, October 20, 2026
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Why your mortgage options aren't the same as theirs |
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Everyone's financial situation is different—and that changes everything when it comes to finding the right mortgage fit. Here's what you need to know:
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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
Why your neighbor's mortgage deal might not work for you
One of the biggest mistakes I see is borrowers assuming everyone qualifies for the same loan program. The truth is, your financial picture — credit history, down payment size, income stability, property type — shapes which programs actually work for you. A fixed-rate mortgage might be perfect for one person and the wrong choice for another. Same goes for adjustable-rate loans, FHA programs, or jumbo financing. What matters is matching the right structure to your actual situation, not copying what worked for someone else. I'd love to walk you through which programs make sense given where you are today. Let's talk about which loan program fits your circumstances best.
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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
Jeffrey Diaz
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