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Mortgage Market Update
My Mortgage Company
Ronnee Walton (For Deletion)
Tuesday, October 20, 2026
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Choosing the right mortgage for your life |
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Hi there. This week I want to cover something that doesn't get enough attention: the type of loan you choose matters as much as the rate.
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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
The right loan type makes a real difference
Not all mortgages work the same way, and picking the one that fits your situation—not just your budget today—can shape your finances for years. Some loans offer flexibility if rates drop. Others lock in predictability from day one. Some make sense if you're staying put; others reward you for moving sooner. The best choice depends on your timeline, risk comfort, and what you actually plan to do with the home. That's why I always want to understand your full picture before recommending a path forward. The wrong program can cost you peace of mind. The right one becomes invisible—it just works. Let's talk about which loan type 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
Ronnee Walton (For Deletion)
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