|
Mortgage Market Update
My Mortgage Company
Nolan Solano — HomeWise Capital Advisors
Tuesday, October 20, 2026
|
Picking the right loan type matters |
|
Hi there. This week I want to walk you through something that doesn't get enough attention: choosing a loan program that actually fits your life.
|
|
National Mortgage Rates · October 16, 2026
|
Conventional 30-Year
7.28%
|
|
| |
|
%22%2C%22fill%22%3Atrue%2C%22tension%22%3A0.4%2C%22pointRadius%22%3A4%2C%22pointBackgroundColor%22%3A%22%233b5bdb%22%2C%22borderWidth%22%3A2%7D%5D%7D%2C%22options%22%3A%7B%22plugins%22%3A%7B%22legend%22%3A%7B%22display%22%3Afalse%7D%7D%2C%22scales%22%3A%7B%22y%22%3A%7B%22ticks%22%3A%7B%22callback%22%3A%22function(v)%7Breturn%20v%2B%5C%22%25%5C%22%7D%22%2C%22color%22%3A%22%23666%22%7D%2C%22grid%22%3A%7B%22color%22%3A%22rgba(0%2C0%2C0%2C0.06)%22%7D%7D%2C%22x%22%3A%7B%22grid%22%3A%7B%22display%22%3Afalse%7D%2C%22ticks%22%3A%7B%22font%22%3A%7B%22size%22%3A11%7D%2C%22color%22%3A%22%23666%22%7D%7D%7D%7D%7D&w=520&h=180&bkg=white&f=12) |
|
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.
|
|
|
|
Loan Program Fit
Finding the right loan type for your situation
Not all mortgages work the same way, and what makes sense for one borrower might not work for another. Some programs offer flexibility if you're self-employed or have irregular income. Others let you put down less upfront. A few require you to stay put longer to make the math work. The key is matching the loan type to your actual life and timeline—not just chasing the lowest number you see. I talk to a lot of people who picked a loan program because it sounded good, then realized later it didn't fit what they needed. It's worth having an honest conversation about your plans, your stability, and what trade-offs you're comfortable making. That's when the right program becomes clear. Let's talk about which loan program aligns with your goals.
|
|
Tip of the Week
Your loan officer can run a credit simulator to show exactly which actions will move your score the most.
|
|
Tips for Homeowners
Year-End Tax & Mortgage Planning
|
|
1.
|
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).
|
|
2.
|
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.
|
|
3.
|
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.
|
|
|
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. |
|
Your Mortgage Advisor
|
|
|
My Mortgage Company
Nolan Solano — HomeWise Capital Advisors
|
|
|
|
You are receiving this from Nolan Solano — HomeWise Capital Advisors. Unsubscribe
|