Florida Mortgage Rates
Mortgage Rates as on 02 May 2024 in Florida
| Mortgage Type | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | 30 Year |
|---|---|---|---|---|---|---|
| Fixed | - | - | 6.5 | 6.5 | 6.625 | 7.125 |
| Fixed APR | - | - | 6.881 | 6.788 | 6.857 | 7.275 |
| Adjustable | 8 | 7.875 | - | - | - | |
| Adjustable APR | 8.195 | 8.158 | - | - | - | |
| Jumbo | - | - | - | 7.125 | 7.375 | 7.375 |
| Jumbo APR | - | - | - | 7.396 | 7.611 | 7.539 |
| FHA | - | - | - | 7.25 | - | 7 |
| FHA APR | - | - | - | 9.045 | - | 7.916 |
| VA | - | - | - | 7.25 | - | 6.75 |
| VA APR | - | - | - | 8.674 | - | 7.108 |
Florida Mortgage Rates Updated on 02 May 2024
Florida Mortgage Rates Explained :
Florida Fixed Mortgage Rate :
In Florida State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
In Florida State Fixed (Conventional) rate mortgage, the interest rate is fixed and won't change for the life of that home loan.
Florida ARM Rate :
In Florida State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
In Florida State Adjustable rate mortgage (ARM), the interest rate on the outstanding balance varies throughout the life of the loan at yearly or even monthly intervals.
Florida Jumbo Jumbo Mortgage Rate :
A Florida jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
A Florida jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
Florida FHA Mortgage Rate :
In Florida State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
In Florida State, Federal Housing Administration (FHA) loans are federally-backed mortgages designed for low-to-moderate-income borrowers.
Florida VA Mortgage Rate :
In Florida State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
In Florida State, The VA loan is a $0 down mortgage available to Veterans, Service Members and select military spouses and guaranteed by the U.S. Department of Veterans Affairs (VA).
Florida APR :
In Florida State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
In Florida State, Annual Percentage Rate (APR) is yearly cost of your loan, including any fees or costs in addition to the actual interest.
About Florida Mortgage Rates
Florida Mortgage Rates. Home Mortgage Rates Today in Florida
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