Mortgage rates · Freddie Mac weekly averages
Today's average mortgage rates.
The average 30-year fixed mortgage rate is 7.28% (as of October 1, 2026), up from 7.03% last week. The 15-year fixed averages 6.60%. U.S. averages from Freddie Mac's weekly survey, refreshed automatically. Not a quote or an offer.
30-year fixed · U.S. avg
7.28%
up from 7.03% last week
52-week range 5.98% to 7.28%
15-year fixed · U.S. avg
6.60%
up from 6.42% last week
52-week range 5.35% to 6.60%
Past year
The 30-year rate, week by week.
Weekly U.S. average, October 9, 2025 to October 1, 2026: it started the period at 6.30%, ranged from 5.98% to 7.28%, and stands at 7.28% now. Small changes matter: even a quarter of a point moves a monthly payment noticeably, which is why comparing complete quotes beats comparing headline rates.
What moves your personal rate
What actually sets the rate you are offered.
Credit score
The single biggest lever. Small score bands can change the rate and the mortgage insurance cost.
Down payment
A larger down payment lowers loan-to-value, which usually improves both rate and monthly insurance.
Loan type
Conventional, FHA, VA and jumbo loans are priced differently and carry different insurance or funding fees.
Points and buydowns
Paying points can lower the rate for a fee. Whether it pays off depends on how long you keep the loan.
Occupancy and property
Primary residence, second home and investment property are priced differently, as are condos in some projects.
Lock timing
Rates move daily. A rate lock protects you between quote and closing, for a set period.
Try your own numbers
Payment calculator, set to today's 7.28% average.
Your inputs
Orange County FL runs roughly 1.0–1.2% of assessed value. Use your MLS sheet for a more precise figure.
Total monthly payment
$4,376
Principal, interest, tax, insurance and HOA
Principal vs. interest over 30 years
Estimate only, based on the numbers you enter. This is not a rate quote or an offer of credit from MaxLife Realty or Mortgageinc, and the starting rate is the U.S. average, not a rate available to you. Payments include tax, insurance and HOA only where you enter them; your actual payment will differ. Rates and terms change and may not be available at commitment or closing.
Your situation, your quote
Ask Ryan for a personal quote.
Ryan Solberg is a licensed mortgage loan originator and the broker-owner of MaxLife Realty, so one person can coordinate your purchase and your financing. Tell him what you are looking at and he will reply within one business day with your options.
Questions
Mortgage rate questions, answered.
What are mortgage rates today?+
As of October 1, 2026, the average 30-year fixed mortgage rate was 7.28%, up from 7.03% last week; the average 15-year fixed was 6.60%. These are U.S. weekly averages from Freddie Mac's Primary Mortgage Market Survey, not quotes. Your own rate depends on your credit, down payment, loan type and how the loan is structured.
What is the average mortgage rate in Florida or Orlando?+
Freddie Mac publishes a single U.S. average and does not break out Florida or Orlando, so the figure on this page is the national benchmark. Local rates track it closely; what changes your own rate is your credit, down payment, loan type and property, plus Florida-specific costs like insurance that affect how much you can borrow rather than the rate itself.
Why is the rate I am quoted different from the average?+
The published average comes from a survey of conventional, conforming, owner-occupied purchase loans to borrowers with good to excellent credit and a 20% down payment. A personal rate moves with your credit score, down payment (loan-to-value), loan type (conventional, FHA, VA, jumbo), whether the home is your residence or an investment, points paid, and the day you lock. Two borrowers on the same day can be quoted noticeably different rates.
How often does this update?+
Freddie Mac releases the survey weekly, on Thursdays, and this page picks up each new release automatically. Rates can move daily in between, which is why a rate lock and a current personal quote matter more than any weekly average.
Should I wait for rates to fall before buying?+
No one can reliably predict rates. A common approach is to buy when the payment fits your budget with room to spare, then revisit refinancing if rates fall meaningfully (a refinance has its own closing costs, so run the numbers first). Ryan can walk you through what a purchase costs today and what a lower rate later could change.
What else besides the rate affects what I can afford in Florida?+
Homeowners insurance, flood insurance where required, property taxes and HOA or condo dues all count toward your monthly obligations and can change how much a lender will approve. In Florida, insurance in particular can move the total more than a small rate difference, so a quote should include all of it.
Is Ryan Solberg a licensed mortgage loan originator?+
Yes. Ryan Solberg is a licensed Florida mortgage loan originator (NMLS #1784218) with Mortgageinc (NMLS #2028516) and is also the broker-owner of MaxLife Realty, so one professional can coordinate both your home purchase and your financing. You are never required to use his lending services to work with him as your agent.
Source: Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) and 15-Year Fixed Rate Mortgage Average (MORTGAGE15US), Primary Mortgage Market Survey® (PMMS), retrieved from FRED, Federal Reserve Bank of St. Louis. © Freddie Mac; data provided as is with no warranties, and Freddie Mac does not endorse MaxLife Realty or Mortgageinc. The survey is released weekly (Thursdays) and reflects conventional, conforming, owner-occupied purchase loans with good to excellent credit and 20% down.
The rates on this page are U.S. market averages, not rates or payments offered by MaxLife Realty or Mortgageinc, and not an offer to lend, a rate quote or a commitment to lend. Any rate could change, or may not be available, at commitment or closing. Terms vary by borrower and not all borrowers will qualify. You are not required to use Ryan Solberg's mortgage services to work with MaxLife Realty, and you may choose any lender.
Ryan Solberg, Mortgage Loan Originator, NMLS #1784218 · Mortgageinc, NMLS #2028516 · NMLS Consumer Access · Equal Housing Opportunity. Real estate services by MaxLife Realty LLC, a licensed Florida brokerage.
Guide prepared by
Ryan Solberg — Broker/Owner · MaxLife Realty
Florida RE Broker License #BK3354351 · Last reviewed October 2026