Mortgage rates for Florida on Lender411 for 30-year fixed-rate mortgages are at 4.11%.
That dropped from 4.11% to 4.11%.
The 15-year fixed rates are now at 3.27%. The 5/1 ARM mortgage for Florida is now at 3.38%.
If you are looking for up to the minute Florida mortgage rates, you’ve come to the right place. Finding the lowest rates is easy when you have access to our vast network of trusted mortgage professionals in Florida. Talk to multiple mortgage lenders in FL to compare rate quotes and understand your options.
Florida Mortgage Refinance
Why is it critical to find the lowest rate when refinancing? Simply put, this is the entire goal of a refinance. The lower your new rate, the more money you’ll save. While there are many ways to secure a refinance loan, the best option is the no cost refi, which allows you to switch to a new mortgage with a lower rate without paying the fees associated with closing a new loan. This can literally save you thousands of dollars.
Home Loans in Florida
The loan types available in Florida are much like those available elsewhere. One of the most widely available mortgage loan types is the 30 year fixed rate mortgage. As the name implies, this loan comes with a fixed interest rate. This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.
The adjustable rate mortgage (ARM) is another common loan type. You can also pursue a jumbo loan, interest-only loan, balloon mortgage, or other specialized loan type. Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender. Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.
Florida is a beautiful, tropical state in the Southeastern United States. Most of the State is a peninsula and has a humid, sunny climate. Florida is the most populous southern state and the fourth most populous state in the nation, with major cities such as Jacksonville, Miami, Tampa, and Saint Petersburg. Florida has a higher sales tax than most other states, but there is no personal income tax imposed on residents. If you are looking for a warm, serene place to call home with miles of beaches and plenty of attractions for both adults and families, Florida is the place for you.
To learn more about homeownership in Florida or research FL home buying programs, visit the Florida HUD portal.
Follow these links to learn more about Florida mortgages.