Current Rates

Current Mortgage Rates

Average rates as of 7/7/26 — updated daily. Source: Mortgage News Daily.

Loan amount $300,000 · Down payment 20% · State: Indiana · Credit score 740

To begin with, an annual percentage rate (APR) is a broader measure of the cost of borrowing money than the interest rate. In other words, the APR reflects the interest rate, any points, mortgage broker fees, and other charges that you pay to get the loan. ** APR is based on estimated finance charges of $7,778. The FHA APR also includes the upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount plus monthly MIP of 0.55% per year (for 11 years). The VA APR also includes the VA funding fee of 1.25% (first-time use).

Rates shown are daily national averages from the Mortgage News Daily rate index and, as a result, are provided for general information only. In addition, they are not an offer of credit, a commitment to lend, or a rate quote. Your actual rate and APR will vary based on your credit score, loan type, occupancy, loan-to-value (LTV), property type, loan amount, and other factors. Therefore, contact me for a personalized quote based on your situation.

Get your personalized rate

Of course, rates change daily, and your individual pricing may be better than the averages above. So for a no-obligation quote, call or text me at (317) 603-0912, or start your application online. In addition, ask me about temporary rate buydowns if today’s rates feel out of reach.

Source: Mortgage News Daily daily rate index, 7/7/26. Rates are national averages and are not an offer of credit or a rate quote. Greg Rank, Channelwood Mortgage, NMLS# 138276. Equal Housing Opportunity.