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Mortgage Market Update
Angela Comstock
Angela Comstock
Tuesday, October 20, 2026
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Picking the right loan type matters |
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Hi there. This week I'm breaking down one of the most important choices you'll make: which kind of mortgage actually works for you.
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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
Which loan type is right for your situation?
Not all mortgages work the same way, and the right choice depends on what matters most to you right now. Some programs require less down, others offer flexibility with your rate, and some are designed specifically for first-time buyers or those with unique financial pictures. The loan you pick shapes your monthly payment, how much you can borrow, and what happens if rates or your circumstances change down the road. Understanding your options—and how they differ—makes a real difference in finding a mortgage that fits your life, not just the lender's template. I'd love to walk you through what's available and talk about which path makes sense for where you are today. Let's talk about which loan program fits your goals.
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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 Angela Comstock team any time and we'll walk you through your options. |
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