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Mortgage Market Update
My Mortgage Company
Kristen Hordyk
Tuesday, October 20, 2026
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Fixed or adjustable—which is right for you? |
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There's more to choosing a mortgage than just finding the best rate. The structure of your loan matters just as much, and it's worth understanding before you commit.
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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 plan?
One of the biggest decisions in a mortgage isn't just about the rate—it's about the structure. A fixed-rate loan keeps your payment the same for the life of the loan, which means predictability and peace of mind. An adjustable-rate mortgage starts lower but can change over time, which might work if you're planning to move or refinance before rates adjust. Neither is right or wrong; it depends on your timeline, risk tolerance, and how long you plan to stay in the home. The choice you make now can shape your monthly budget for years. Let's talk through which option makes sense for where you are in life. Reach out and we can walk through both options based on 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
Kristen Hordyk
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