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Mortgage Market Update
Alessandro Rivera
Alessandro Rivera
Tuesday, October 20, 2026
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The loan choice that often gets overlooked |
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Hi there. Every loan isn't the same, even when the rate looks similar.
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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 loan type matters more than you think
Most people focus on interest rates when comparing mortgages, but the type of loan you choose shapes your entire borrowing experience. Different programs offer different flexibility, cost structures, and long-term outcomes. Some let you build equity faster. Others protect you if rates spike. Some carry lower upfront costs but different tradeoffs down the line. Understanding what each program actually does—not just the rate attached to it—helps you pick the one that fits your real situation, not just today's numbers. If you're curious about which loan type makes sense for your goals, I'd be happy to walk you through the differences. Let's talk about which loan program works best 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 Alessandro Rivera team any time and we'll walk you through your options. |
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