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Mortgage Market Update
My Mortgage Company
Pacific Coast Mortgage Solutions
Tuesday, October 20, 2026
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Fixed or adjustable—which is right for you? |
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Every loan isn't built the same way. The structure you choose can affect your payment stability and long-term costs.
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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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Fixed vs. Adjustable
Why your loan type choice matters more than you think
When you're comparing loan options, the interest rate gets all the attention—but the structure of your loan is just as important. A fixed-rate mortgage keeps your payment the same for the entire loan term, which makes budgeting predictable and protects you if rates climb. An adjustable-rate mortgage (ARM) typically starts lower but can change after an initial period, which means your payment could go up significantly down the road. The right choice depends on how long you plan to stay in your home, how much payment uncertainty you can handle, and what the rate environment looks like. I've seen borrowers save money with ARMs when they knew they'd move in five years—and I've seen others regret the gamble when rates spiked. Let's talk about your situation and which structure makes sense for your goals. I'd be happy to walk you through how each loan type would work with your specific timeline and budget.
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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
Pacific Coast Mortgage Solutions
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