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Mortgage Market Update
My Mortgage Company
Kelly Rankin — Kelly Rankin
Tuesday, October 20, 2026
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One mortgage doesn't fit everyone |
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Hi there—I've been thinking about how different every borrower's needs really are. This week, a quick thought on picking a program that actually fits your life.
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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
Why your neighbor's mortgage might not work for you
Every homeowner's situation is different—and that's why there's no single 'best' mortgage. What works for someone with a large down payment and perfect credit might not be the right move for someone building equity from a lower starting point, or someone who wants flexibility down the road. The right loan program depends on your timeline, cash flow, risk tolerance, and long-term plans. I help borrowers match their actual life to a program that fits, not the other way around. If you're curious whether what you have now is still working for you, or if you're shopping around and wondering which option to choose, I'd like to walk through it with you. Let's talk about what 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
Kelly Rankin — Kelly Rankin
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