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Mortgage Market Update
My Mortgage Company
Trishana Kimble — Trishana Kimble
Tuesday, October 20, 2026
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Fixed or adjustable? Here's how to decide |
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One of the most important choices you'll make in your mortgage comes down to how your rate behaves over time. Let me break down the options for 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 Choices
Fixed vs. adjustable: which makes sense for you?
When you're shopping for a mortgage, one of the biggest decisions is whether to lock in a fixed rate for the life of the loan or start with a lower adjustable rate that can change over time. There's no universal right answer—it depends on your timeline, risk tolerance, and how long you plan to stay in the home. A fixed rate gives you predictability and peace of mind; an adjustable rate might offer savings early on if you're planning to move or refinance before rates adjust. I've walked clients through both paths, and the key is understanding what you're comfortable with before you commit. Let's talk through your situation so you can choose with confidence. Give me a call or send a message, and we can walk through which program fits your goals best.
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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
Trishana Kimble — Trishana Kimble
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