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Mortgage Market Update
My Mortgage Company
Jordan Caprio
Tuesday, October 20, 2026
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Picking the right loan for your goals |
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Hi there. One question I get often is which mortgage program to choose—and the honest answer is that it depends on 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 Program Fit
Finding the right loan type for your situation
Not all mortgages work the same way, and the best loan for your neighbor might not be the best for you. Some borrowers benefit from fixed rates that never change. Others do better with adjustable terms, especially if they plan to move or refinance down the road. First-time buyers often qualify for programs with different down payment requirements or credit flexibility than repeat buyers. The key is understanding what you need—stability, lower initial payments, flexibility—and matching that to a program that actually fits your timeline and plans. The right fit can make your monthly payment more comfortable and help you avoid overpaying for features you don't need. Let's talk about which loan program makes the most sense for where you are right now.
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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
Jordan Caprio
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