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Mortgage Market Update
My Mortgage Company
Debbie Nazarino — Debbie Nazarino
Tuesday, October 20, 2026
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Fixed or adjustable—what's the difference? |
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When you're shopping for a mortgage, the type of loan you choose matters as much as the rate itself. Understanding your options makes all the difference.
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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 Basics
Fixed vs. adjustable: which loan fits your plan?
One of the biggest decisions you'll make is whether to lock in a fixed rate for the life of your loan or start with a lower adjustable rate that can change over time. Fixed-rate mortgages keep your payment stable no matter what happens to the market—predictability that most borrowers value. Adjustable-rate loans can offer a lower starting point, which may help if you plan to sell or refinance before rates adjust. Neither choice is right for everyone. It depends on how long you're staying in your home, how comfortable you are with payment uncertainty, and what your finances look like down the road. I'd like to walk you through both options and see which aligns with your situation. Let's talk through which loan type makes sense for your goals.
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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
Debbie Nazarino — Debbie Nazarino
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