Conforming 30 Year Mortgage Rates in Florida Averaging 3.59%, Lowest Refinance Rate on our FL Rate List at 3.125%

Average conforming 30 year mortgage rates today in the state of Florida are at 3.59 percent, above the current national average 30 year mortgage rate of 3.51 percent. Average current mortgage rates in Florida will be going lower in the coming days as Treasury yields decline. The Federal Open Market Committee meets this week and if they decide to do another round of easing 30 year Florida mortgage rates and national rates will move much lower.

We could possibly see average 30 year mortgage interest rates fall to 3.40 percent. Right now you can find lenders offering 30 year mortgage refinance rates in Florida below the average rates. The lowest 30 year mortgage rate on our rate list for FL is at 3.125 percent with 0.875 points. The lender offering 30 year refinance rates at 3.125 percent is LenderFi.com. If you rather not pay points LenderFi is also offering 30 year refinance rates at 3.25 percent with no points.



Today's mortgage rates on 30 year jumbo loans in Florida are averaging less than the current national average jumbo mortgage rate. Average jumbo rates on 30 year home loans in Florida are at 3.18 percent while the national average 30 year jumbo rate is at 3.19 percent. The lowest jumbo refinance rates on our rate list for FL are at 4.00 percent.

Mortgage rate today on 15 year conforming Florida loans are averaging 2.96 percent, above the current national average 15 year mortgage rate of 2.88 percent. The lowest 15 year Florida mortgage refinance rates on our list are at 2.375 percent with 1.496 points. Amerisave is offering that 15 year refi rate/point combination. If you don't want to pay points New Penn Financial is offering 15 year refinancing rates at 2.75 percent with zero points.

Mortgage rates current on 15 year jumbo mortgage loans in Florida are averaging 3.42 percent, also higher than today's national average 15 year jumbo rate of 3.39 percent. The best jumbo refinance rates on 15 year loans on our rate list for Florida are at 3.25 percent with zero points. Citi Mortgage is the lender offering 15 year jumbo refinance rates at 3.25 percent with no points.

Todays mortgage rates on 5 year conforming adjustable loans are averaigng 2.92 percent in Florida while the national average 5 year mortgage rate is at 2.89 percent. Checking our refinance rates list on 5 year adjustable loans for Florida we find rates as low as 1.625 percent with 1.98 points. Amerisave is offering this incredibly low 5 year refi rate at 1.625 percent. If you don't want to pay points the lowest rate we have is also from Amerisave at 2.375 percent.

5 year adjustable jumbo mortgage rates in Florida are averagin 2.89 percent while the current national average 5 year jumbo adjustable mortgage rate is at 2.84 percent. Checking our rates for FL we find the lowest refi rate is at 2.24 percent with 1 point from Third Federal Savings and Loan. The lowest rate without points is from Citi at 2.625 percent.

Loan Type

Purchase Refinance with Cash out Refinance

State

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FICO Score

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Loan Amount

$

Points

Up to 0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points Up to 2.5 points Up to 3 points

LTV

%

Loan Term

 15-Year Fixed  20-Year Fixed  30-Year Fixed  5-Year ARM  7-Year ARM  10-Year ARM

Mortgage Rates December 7, 2023