Florida Mortgage Rates October 2026: 7.32% and What It Means for Your Monthly Payment
The headline number Freddie Mac's Primary Mortgage Market Survey for the week ending October 22, 2026 put the average 30-year fixed-rate mortgage at 7.32%, down from 7.40% the week before. The 15-year fixed averaged 6.68%, down from 6.71%. Loan Week ending Oct 22, 2026 Previous week A year ago 30-year fixed 7.32% 7.40% 6.19% 15-year fixed 6.68% 6.71% 5.44% Source: Freddie Mac Primary Mortgage Market Survey, released October 22, 2026 (via GlobeNewswire/Morningstar). One weekly fall does not make a trend: the 30-year rate had climbed for seven straight weeks to a 52-week high of 7.40% before this dip, and it is still 1.13 percentage points above a year ago. What this survey actually measures The PMMS covers conventional, conforming, fully amortizing home-purchase loans for borrowers who put 20% down and have excellent credit. It is a weekly average from loan applications, not a quote. Your own rate will differ by credit score, down payment, loan type, points, and the day you loc...
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