Construction mortgage rates | Rate | Annual percentage rate | Monthly payments |
30-year fixed construction | 7.125% | 7.810% | $1,212.69 |
Adjustable rate construction | 7.000% | 7.787% | $1,197.54 |
Jumbo adjustable rate construction | 7.000% | 7.683% | $4,324.47 |
15-year fixed construction | 6.500% | 7.564% | $1,567.99 |