Mortgage Market Update

Ginny Foster

Tuesday, October 20, 2026

Loan programs aren't one-size-fits-all

Hi there. I wanted to share something I see all the time: people overlook loan options that could actually work better for them.

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

Why your neighbor's mortgage might work differently than yours

Not all mortgages are created equal, and that's actually good news. Depending on your situation—whether you're a first-time buyer, a veteran, or someone with a lower credit score—you may qualify for loan programs with different rates, down payment requirements, and terms than what your neighbor got. Some programs are designed specifically to help people who think they don't qualify. The program that makes sense for you depends on your income, assets, credit history, and how long you plan to stay in your home. It's worth having a conversation about which option fits your real financial picture, not just the one you assume you need.

Let's talk about which loan program might work best for your situation.

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 Ginny Foster team any time and we'll walk you through your options.

Your Mortgage Advisor

Ginny Foster

ginny@a-zlending.com

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