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Mortgage Market Update
My Mortgage Company
Kaden Harris — Kaden Harris CRM
Tuesday, October 20, 2026
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Fixed or adjustable—what's the difference for you |
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Choosing a mortgage type is one of the biggest decisions in the homebuying process. Let me break down two of the main options so you can move forward with confidence.
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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 Program Basics
Fixed vs. adjustable: which loan fits your life
When you're shopping for a mortgage, one of the biggest choices is whether to lock in a fixed rate for the life of your loan or go with an adjustable rate that can change over time. A fixed rate means predictability—your payment stays the same month after month, year after year. An adjustable rate often starts lower, which can help if you're planning to sell or refinance within a few years. Neither is right or wrong; it depends on your timeline, risk tolerance, and how long you plan to stay in your home. I've seen borrowers thrive with both. The key is understanding what you're signing up for and making sure it aligns with your goals and comfort level. Let's talk through which structure makes sense 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
Kaden Harris — Kaden Harris CRM
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