Major Singleton · October 20, 2026

Finding the right mortgage program for you

Mortgage Market Update

Major Singleton

Major Singleton

Tuesday, October 20, 2026

Finding the right mortgage program for you

Hi there. This week I want to cover something that doesn't get talked about enough: how different mortgage programs can change the whole picture for your finances.

National Mortgage Rates · October 19, 2026

Conventional 30-Year

7.32%

FHA 30-Year

7.12%

VA 30-Year

6.94%

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 Programs

The mortgage program that might fit your situation

Not all mortgages are created equal, and the right program for you depends on your goals, timeline, and comfort level. Some borrowers do better with a fixed rate that never changes. Others benefit from programs designed for specific situations—like a first-time buyer, a self-employed borrower, or someone with a smaller down payment. The program you choose affects your monthly payment, closing costs, and long-term flexibility. If you're unsure whether your current loan is the best fit, or if you're shopping for a new one, it's worth having a conversation about what options exist. I can walk you through the pros and cons of different programs so you're making a decision that actually makes sense for your life, not just what sounds standard.

Let's talk about which program might work best for you.

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 Major Singleton team any time and we'll walk you through your options.

Your Mortgage Advisor

M

Major Singleton

Major Singleton

major.singleton@edgehomefinance.com

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