Florida Mortgage Rates - Current Rates and News

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Florida - FL Mortgage Rates

  Before applying for mortgage loans you should always remember that mortgage rates fluctuate on a daily basis. Therefore it becomes important to research mortgage rates in your state before applying for a new mortgage or refinancing your current mortgage.

Below you will find a list of mortgage rates in Florida. These rates are based on national averages. These Florida mortgage rates should give you a good starting point for your research.

Florida Mortgage Rates

  Florida Mortgage Rates and Indicators
   
Current
Change
  30 Yr Fixed
6.52%
0.00%
  15 Yr Fixed
6.07%
-0.03%
  1 Year ARM
5.18%
-0.04%
  Fed Reserve Prime
5.00%
-0.25%
  30 Yr Treasury Bond
4.44%
-0.03%
Based On National Averages  

Florida Mortgage News

More Negative Press for Fannie and Freddie
  There are other nay-sayers regarding the survival of Freddie and Fannie and the stock market is reacting accordingly.
Fed's Lacker Says Rate Hike Should Come Sooner Rather than Later
  Speaking in an interview with Bloomberg TV, Richmond Federal Reserve President Jeffrey Lacker (non-voter) said the Fed should not wait too long for a rate hike.
Fed's Fisher Says FOMC Cannot Risk Credibility, Must Act if Inflation Continues
  The Federal Reserve must be prepared to take action and curb inflation if slowing growth doesn't moderate prices as expected, said the most hawkish member of the FOMC on Tuesday.
Soft Freddie Mac 5-Year Auction Shows Credit Worries
  U.S. government-backed mortgage finance company Freddie Mac caused ripples through the debt market on Tuesday after weak results in a $3 billion, 5-year note auction.
Weakening Economy Favours Obama Win, Economists Say
  The weakening economy is a major negative factor for the Republicans and presents candidate John McCain with an uphill battle for the Oval Office, economists from Global Insight say.

 
      Major Cities Include: Jacksonville, Miami, Tampa, St Petersburg, Hialeah, Orlando, Fort Lauderdale, Tallahassee, Hollywood, Pembroke Pines, Coral Springs, Clearwater, Cape Coral, Gainesville, Miami Beach, Sunrise, Plantation, West Palm Beach, Palm Bay, Lakeland, Pompano Beach, Brandon, Davie, Boca Raton, Miramar, Melbourne, Deltona, Largo, Spring Hill, Deerfield Beach, Daytona Beach, Boynton Beach, Delray Beach, Palm Harbor, Lauderhill, Pensacola, Tamarac, Margate, Sarasota, Bradenton, Weston



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