Mortgage Market Update

My Mortgage Company

Mauricio Gonzalez-Roberts

Tuesday, November 3, 2026

Which loan program fits your situation?

Hi there—I want to make sure you're not locked into a mortgage type that doesn't serve you well. Let me walk you through how these actually differ.

National Mortgage Rates · November 2, 2026

Conventional 30-Year

7.13%

FHA 30-Year

6.96%

VA 30-Year

6.76%

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

Not all mortgages work the same way

If you're shopping for a home or thinking about your current loan, you've probably heard terms like conventional, FHA, VA, or USDA thrown around. Each program has different rules about down payments, credit requirements, and who qualifies. The right choice depends on your situation—your savings, your credit history, your income, and what you're trying to accomplish. What works perfectly for one borrower might not be the best path for another. I'd rather help you understand what's actually available to you than steer you toward what sounds trendy. The goal is finding a program that fits your real life, not forcing your life into a program.

Let's talk about which loan program makes sense for where you are today.

Tip of the Week

Refinancing resets your amortization clock. If you're 10 years into a 30-year loan, consider a shorter term to avoid paying more total interest.

Tips for Homeowners

Co-Signing a Mortgage: What You're Really Agreeing To

1.	Co-signing makes you equally responsible for the debt. If the primary borrower misses payments, your credit score takes the same hit and the lender can pursue you for the full balance.

2.	The co-signed mortgage debt appears on your credit report and counts toward your DTI. This can limit your ability to qualify for your own financing until the loan is paid off or refinanced out of your name.

3.	There's no automatic way to remove yourself as a co-signer — the primary borrower must refinance the loan in their name alone. Get this understanding in writing before you sign.

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

Mauricio Gonzalez-Roberts

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