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Mortgage Market Update
My Mortgage Company
Ron Succarotte — Ronald Angelo Succarotte
Tuesday, October 20, 2026
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Your loan type matters more than you think |
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Hi there. This week I want to talk about something that doesn't get enough attention: picking a loan program that's built for your actual life.
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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
Why your neighbor's mortgage might not work for you
Every homeowner's situation is different, and that means the loan that made sense for someone else might not be the best fit for you. The right program depends on how long you plan to stay in your home, what your credit looks like, how much you can put down, and what your cash flow needs are month to month. I've seen borrowers save thousands by choosing a program that actually matched their life—not just copying what worked for someone else. If you've been curious whether your current loan is still the right one, or you're shopping for a mortgage and wondering what options exist, I'm here to walk through the details with you, no pressure. Let's talk about what would work best for your situation.
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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
Ron Succarotte — Ronald Angelo Succarotte
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