FHA mortgage rates
The current U.S. FHA mortgage rate is 7.080% as of Oct 15, 2026, based on Optimal Blue rate-lock data published by FRED.
Down 12 basis points from Oct 14, 2026.
This national average covers locked 30-year fixed FHA mortgages across the United States. Approved lenders originate FHA loans, while the Federal Housing Administration insures them.
The index does not determine eligibility and does not combine every mortgage-insurance charge or loan fee into the rate shown.
Source
Optimal Blue / FRED
Measure
Locked-loan average
Data through
Oct 15, 2026
Latest 90 published observations for FHA.
A crawlable record of the latest values, with each row compared with the prior valid observation.
High across 30 observations
7.207% · Oct 7, 2026
Low across 30 observations
6.522% · Sep 8, 2026
Net change since Sep 2, 2026
+52 bps
| Observation date | Rate | Change from prior observation |
|---|---|---|
| Oct 15, 2026 | 7.080% | −12 bps |
| Oct 14, 2026 | 7.202% | +2 bps |
| Oct 13, 2026 | 7.181% | Unchanged |
| Oct 9, 2026 | 7.177% | Unchanged |
| Oct 8, 2026 | 7.176% | −3 bps |
| Oct 7, 2026 | 7.207% | +4 bps |
| Oct 6, 2026 | 7.169% | +4 bps |
| Oct 5, 2026 | 7.127% | +3 bps |
| Oct 2, 2026 | 7.093% | Unchanged |
| Oct 1, 2026 | 7.096% | Unchanged |
Weekends, holidays, and missing observations are skipped. A basis point is 0.01 percentage point.
A reproducible $300,000 principal-and-interest illustration using each series' latest labeled observation.
The rate spread compares national 30-year locked-loan averages, not matched borrowers. FHA financing can include an upfront mortgage-insurance premium and ongoing mortgage-insurance charges, so a lower note rate does not by itself establish a lower APR, payment, or total cost.
FHA rate difference
21 bps below 30-Year Fixed
Comparison principal
$300,000
Payment measure
Principal + interest only
| Market series | Observation | Rate | Term | Est. monthly P&I | Est. full-term interest |
|---|---|---|---|---|---|
| FHA | Oct 15, 2026 | 7.080% | 30 years | $2,012 | $424,339 |
| 30-Year Fixed | Oct 15, 2026 | 7.294% | 30 years | $2,055 | $439,976 |
The payment illustration excludes FHA mortgage-insurance premiums, taxes, insurance, points, lender fees, and any financed upfront charge.
Official overview of FHA single-family mortgage-insurance programs.
Official information on FHA mortgage-insurance premiums.
Market observations refresh automatically; the comparison is calculated from the labeled values above. Read the methodology.
The FHA insures loans that follow program rules, while banks and mortgage lenders make the loans. Eligibility, property requirements, and loan limits come from official program and lender documents.
FHA loans can include upfront and ongoing mortgage-insurance costs. This page shows a rate average, not an APR or a total-cost calculation.
The page reads the Optimal Blue FHA locked-loan index, usually published on the next business day, and labels the source date.
Clear limits on what this number can tell you.
Not necessarily. Mortgage insurance, points, lender fees, and the time the loan is held all affect total cost.
No. It reports public market data and does not review loan qualifications.
This national average covers locked conforming 30-year fixed mortgages across the United States. An individual lender quote depends on the borrower and loan details.
This national average covers locked 15-year fixed mortgages across the United States. A 15-year loan repays principal faster than a 30-year loan, so its rate and monthly-payment structure are different.
This national average covers locked 30-year fixed jumbo mortgages across the United States. Jumbo generally means the loan amount exceeds the conforming limit that applies in that year and location.
This national average covers locked 30-year fixed VA mortgages across the United States. VA loans serve eligible service members, veterans, and certain qualifying family members.