Updated October 22, 2026

Mortgage Rates Today

The 30-year fixed national average is 7.30% today. Below: conventional, FHA and VA averages from the same daily index, the Freddie Mac weekly survey, a 52-week trend chart, and plain-language explainers on every major loan program.

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Published by a licensed Florida mortgage loan originator at Pioneer Mortgage Funding. Every rate on this site is a national survey or index average, not an offer. How we source the numbers.

Today's national mortgage rate averages

Index as of October 22, 2026 close

30-year fixed conventional

7.30%

−0.10 on the day

15-year fixed conventional

6.96%

daily index

30-year fixed FHA

6.92%

daily index

30-year fixed VA

6.94%

daily index

Source: Mortgage News Daily rate index, as of the October 22, 2026 close. National index averages, not an offer. Your rate will depend on credit score, loan-to-value, loan type, property and occupancy. Rates could change or not be available at commitment or closing.

Daily rate index

This updates every business day, while the Freddie Mac survey below is published once a week, so the two normally read a little differently. Why these are slightly different.

Daily rate index (Mortgage News Daily)

Updated daily by provider

Source: Mortgage News Daily rate index, updated October 22, 2026. National average survey rates, not an offer. Your rate will depend on credit score, loan-to-value, loan type, property and occupancy. Rates could change or not be available at commitment or closing.

30-year fixed rate, last 52 weeks

30-year fixed, weekly national average. Source: Freddie Mac Primary Mortgage Market Survey via FRED. Survey averages, not an offer.

Freddie Mac weekly survey: 7.32%, survey dated Oct 22. A weekly national survey of purchase applications, so it lags the daily index above.

Why these are slightly different

Each tracks the same market from a different angle, so they rarely agree, and in a fast week they can spread apart by a quarter point or more.

Freddie Mac survey: What lenders across the country were offering over the past several days, averaged and published Thursdays at noon. It assumes strong credit and 20 percent down, and it is the figure most news coverage quotes.
Mortgage News Daily index: Read from lender rate sheets each afternoon, which makes it the faster of the two to register a move.

When the market moves quickly the daily index moves first and the weekly survey catches up days later, so the gap between them widens and then closes again. Neither is a quote: your own rate depends on credit score, down payment, loan type, property and occupancy. Full methodology.

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One email when the daily 30-year index reaches the level you choose. Nothing in between.

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What is moving rates this week

Two readings sit side by side today and they are measuring different things. The daily Mortgage News Daily index closed at 7.30% on the 30-year fixed, down 10 basis points, near a one month low. The Freddie Mac weekly survey published this morning came in at 7.32%, down from the prior week's 7.40%. The survey polls lenders across a full week of purchase applications, so it lags, which is why the two figures rarely match on any given day.

The move came from the stock market rather than the economic calendar. Per Mortgage News Daily, rates are taking their cues from the market rethinking the pace of AI related growth and spending, and heavy selling in technology shares pushed money into Treasuries and mortgage bonds. The 10-year Treasury yield fell about 17 basis points to near 4.96%. Jobless claims came in at 194,000, a firm labor reading that argued the other way. The Federal Reserve's target range is 3.75% to 4.00% and the next meeting is October 28.

For anyone under contract, nothing today changes a locked file, and if yours is not locked it is worth asking your lender where your lock stands and what a float down would cost. The government programs moved further than conventional today, with FHA at 6.92% and VA at 6.94% on the same index, so an FHA or VA loan closed at a materially higher rate is worth re-running now. The refinance savings check on this site shows the monthly difference and how long it takes to recover closing costs, which in Florida include state note and intangible taxes on the new loan amount.

Commentary as of October 22, 2026. Refinance savings check.

Latest daily update: Mortgage Rates Today, October 22, 2026 (index as of Oct 22 close) · All updates

Holding two Loan Estimates? Compare them side by side.

Send the documents and get a written side-by-side of rate, APR, lender charges, credits and five-year cost back within one business day, prepared by a licensed mortgage loan originator. Prefer not to upload? A quick six-field comparison tool runs in your browser on the same page.

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Loan program rates

How each program is priced, who it fits, and what to watch.

30-Year Fixed Mortgage Rates The most common conventional mortgage. Stable payment over 30 years. 15-Year Fixed Mortgage Rates Conventional loan with a lower rate, higher payment and much less total interest. FHA Loan Rates Government-insured loans with flexible credit and 3.5% down. VA Loan Rates No down payment and no monthly mortgage insurance for eligible veterans. Jumbo Loan Rates Loans above the conforming limit for higher-priced homes. Adjustable-Rate Mortgage (ARM) Rates Lower initial rate for a fixed period, then adjusts with the market. Refinance Rates Replace your current loan with a new rate or term. Cash-Out Refinance Rates Borrow against equity by refinancing into a larger loan. DSCR Investment Property Loan Rates Investor loans qualified on the property's rent, not your tax returns. Bank Statement Loan Rates Self-employed financing based on 12 or 24 months of deposits. Condo Mortgage Rates Condo pricing, project approval and Florida-specific issues. Rate Buydowns: Temporary (2-1) and Permanent Pay upfront, usually via seller credit, to lower the rate. Mortgage Rates by Credit Score How the 620 to 780+ tiers change what you pay.

Florida mortgage rates by metro

Insurance, flood, condo and closing-cost notes for the state's largest markets. Florida overview

Tampa Hillsborough, Pinellas, Pasco, Hernando counties Orlando Orange, Seminole, Osceola, Lake counties Jacksonville Duval, St. Johns, Clay, Nassau counties Miami Miami-Dade County Fort Lauderdale Broward County West Palm Beach Palm Beach County Sarasota Sarasota, Manatee counties Naples Collier County Fort Myers Lee County Pensacola Escambia, Santa Rosa counties Tallahassee Leon County Gainesville Alachua County

Frequently asked questions

Should I lock or float my rate right now?

Locking removes the risk that rates rise before closing; floating keeps the chance of a lower rate if the market improves. The right choice depends on your closing date, how much a higher payment would strain your budget and what economic reports are scheduled before you close. Once you are under contract with a firm closing date, most borrowers lock. A licensed mortgage loan originator can explain your lender's lock periods and any float-down option.

What is a good mortgage rate today?

A good rate is one at or below the current national survey average for your loan type, given your credit score, down payment and property. The weekly Freddie Mac figure on this page is the reference most people use. Rates a quarter point above or below it are common for legitimate reasons, so compare offers on the same day using the Loan Estimate's rate and APR together.

Is a 15-year or 30-year mortgage better?

A 15-year loan carries a lower rate and far less total interest but a much higher required payment. A 30-year loan keeps the payment lower and you can still pay extra toward principal. Choose based on how comfortably the 15-year payment fits your budget and how much you value flexibility.

How are mortgage rates set?

Lenders price loans off the yields investors demand on mortgage-backed securities, which move with inflation expectations, Treasury yields and economic data. Your individual rate adds loan-level adjustments for credit score, loan-to-value, property type, occupancy and points. The Federal Reserve influences but does not directly set mortgage rates.

How often is this site updated?

The Freddie Mac weekly survey figures update every Thursday after the survey is released. The daily index widget refreshes on its provider's schedule, usually each business day. Daily commentary is posted on business days when there is meaningful market movement. The date at the top of each page shows when it was last built.

Are the rates shown here my rate?

No. Every figure on this site is a national survey or index average, not an offer. Your rate depends on your credit, down payment, loan type, property and occupancy, and it can only be quoted by a licensed mortgage loan originator after reviewing your scenario. Rates shown could change or may not be available at commitment or closing.

Get a personalized rate from Pioneer Mortgage Funding

Survey averages are a starting point. For a rate quote on your actual scenario, PMF, Inc. will review your credit, property and goals and respond with a written Loan Estimate.

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