Mortgage Market Update

My Mortgage Company

Luigi De Angelis

Tuesday, October 20, 2026

Which loan program fits you best?

Not all mortgages are the same—and that's actually good news. Understanding your options can open doors you didn't know existed.

National Mortgage Rates · October 16, 2026

Conventional 30-Year

7.28%

FHA 30-Year

7.13%

VA 30-Year

6.93%

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.

Loan Programs

What loan program actually fits your situation?

Most people know about 30-year and 15-year mortgages, but there are several loan programs beyond those—each with different trade-offs. A conventional loan, FHA, VA, USDA, or an adjustable-rate mortgage can all make sense depending on your down payment, credit profile, income, and long-term plans. The program you choose affects not just your interest rate, but your monthly payment, how much you can borrow, and what flexibility you have down the road. I've worked with borrowers who switched programs and realized they could afford more house, or could qualify when they thought they couldn't. The right fit isn't always obvious without a conversation. If you're curious whether your current loan is still the best option for you, or you're starting to shop and want to understand which program makes sense—let's talk.

I'd be happy to walk you through which programs might work best for your circumstances.

Tip of the Week

Your loan officer can run a credit simulator to show exactly which actions will move your score the most.

Tips for Homeowners

Year-End Tax & Mortgage Planning

1.	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).

2.	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.

3.	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.

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.

Your Mortgage Advisor

My Mortgage Company

Luigi De Angelis

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