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Mortgage Market Update
Brent Moody
Edge Home Finance Corp
Tuesday, October 20, 2026
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Fixed or adjustable—how to choose |
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Hi there. With so many mortgage options out there, it helps to understand the trade-offs between the most common loan types.
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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 Programs
Fixed vs. adjustable: which fits your life?
One of the biggest choices in a mortgage isn't about money—it's about peace of mind. A fixed-rate loan keeps your payment the same for the entire loan term, which makes budgeting straightforward and protects you if rates climb. An adjustable-rate mortgage typically starts lower but can change over time, which works well if you plan to sell or refinance before any adjustment happens. The right choice depends on your timeline, risk tolerance, and how long you see yourself in the home. There's no universal "best" answer—only what makes sense for your situation. Let's talk through what fits your plans. Reach out and we can walk through both options together.
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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 Brent Moody team any time and we'll walk you through your options. |
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(253) 381-4067 | www.brentmoodyloans.com
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