Brian Sammon · October 20, 2026

Your loan type—still the best fit?

Mortgage Market Update

My Mortgage Company

Brian Sammon

Tuesday, October 20, 2026

Your loan type—still the best fit?

Hi there. This week I'm thinking about how life and finances change, but mortgages sometimes stay on autopilot.

National Mortgage Rates · October 16, 2026

Conventional 30-Year

7.28%

FHA 30-Year

7.13%

VA 30-Year

6.93%

Rate trend

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 Program Fit

Is your current loan type still the right choice?

Your mortgage isn't one-size-fits-all, and what made sense when you bought might not be your best move today. If you've built equity, improved your credit, or your financial picture has shifted, you may qualify for a different loan program that could work harder for you—whether that means a lower rate, shorter term, or better flexibility.

I see this happen often: a borrower stays on their original loan because they haven't stopped to ask whether something else fits better now. A quick conversation can show you what's actually available to you today, no obligation. I'm happy to walk through what might have changed in your favor.

Reach out anytime—I can review your current situation and show you what options might be worth considering.

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

M

My Mortgage Company

Brian Sammon

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