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Mortgage Market Update
My Mortgage Company
Brandon Huynh
Tuesday, November 3, 2026
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The right loan program makes all the difference |
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Not every mortgage is the same, and that's actually good news. Depending on your situation, you have real choices.
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National Mortgage Rates · November 2, 2026
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Conventional 30-Year
7.13%
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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 mortgage program fits your situation?
Not all loans are created equal, and the right choice depends on your specific circumstances. Whether you're a first-time buyer, have an unusual income situation, need flexibility with your down payment, or want to avoid PMI, there's likely a program designed for your case. Some borrowers benefit from fixed rates for predictability; others can leverage adjustable options strategically. The key is understanding what's available and what aligns with your timeline and comfort level. I'd like to walk you through the options that make sense for you. Let's talk about which program could work best for your goals.
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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.
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Tips for Homeowners
Co-Signing a Mortgage: What You're Really Agreeing To
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1.
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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.
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2.
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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.
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3.
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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.
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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 My Mortgage Company team any time and we'll walk you through your options. |
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Your Mortgage Advisor
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My Mortgage Company
Brandon Huynh
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