Mortgage Market Update

My Mortgage Company

Darryl Taylor

Tuesday, November 3, 2026

Life changed since you got your mortgage?

Hi there. I'm thinking about the homeowners I work with and how much can shift in just a year or two.

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.

Affordability Check

Your income changed—does your mortgage still fit?

Life moves fast. A job change, a raise, a spouse's career shift, or unexpected expenses can all reshape your financial picture. Even if your monthly payment stays the same, a change in income or debt load can affect whether your mortgage is truly comfortable for your situation right now.

This is worth a real conversation. Whether you're feeling stretched thin, or you've actually gotten stronger financially, I can help you see where you stand and what options might make sense—refinancing to a different term, tapping equity you've built, or just confirming you're in a solid spot. There's no judgment here, only honesty.

Let's review your numbers and see what makes the most sense for you 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

Darryl Taylor

You are receiving this from Darryl Taylor. Unsubscribe