Current Mortgage Rates
Compare today's competitive mortgage rates
Last updated: July 27, 2026 at 06:10 PM
Rate Assumptions:
Rates shown are for a $300,000 loan amount, 20% down payment, 740+ credit score, owner-occupied primary residence in Florida. Your actual rate may vary based on credit profile, loan amount, property type, and other factors.
Purchase Rates
Current rates for home purchase loans
| Product | Rate | APR | Monthly Payment* | Points |
|---|---|---|---|---|
| 30-Year Fixed | 6.500% | 6.625% | $1,896 | 0.000 |
| 20-Year Fixed | 6.375% | 6.512% | $2,150 | 0.000 |
| 15-Year Fixed | 5.875% | 6.025% | $2,489 | 0.000 |
| 10-Year Fixed | 5.625% | 5.800% | $3,245 | 0.000 |
| 7/1 ARM | 6.125% | 6.875% | $1,825 | 0.000 |
| 5/1 ARM | 6.000% | 7.125% | $1,799 | 0.000 |
* Monthly payment shown is principal and interest only on a $300,000 loan. Does not include taxes, insurance, HOA, or other costs.
Understanding APR
APR (Annual Percentage Rate) reflects the true cost of borrowing, including the interest rate plus lender fees, points, and other charges. It provides a more complete picture than the interest rate alone. A lower APR means lower overall borrowing costs.
Lock in Your Rate Today
Rates change daily. Get pre-qualified now to secure today's competitive rates.
Important Disclosures: The rates displayed are for illustrative purposes and are subject to change without notice. Actual rates depend on many factors including credit score, loan-to-value ratio, property type, occupancy, and loan purpose. Not all applicants will qualify. Rate quotes require a completed application. All loans subject to credit approval and property appraisal. For the most accurate rate quote, please contact a loan officer directly. ABS Home Mortgage, Inc., NMLS ID #209985.