Florida Mortgage Rates and Refinance Rates

Florida Mortgage Rates - Refinance Rates:

Search and compare mortgage rates and refinance rates in Florida. Our rate table has a list of Florida mortgage rates and mortgage refinance rates. You can also use our free mortgage calculator to calculate monthly mortgage payments.

When you start your search for current mortgage rates in Florida you need to first have an understanding of the types of mortgages available and their corresponding interest rates. Types of rates available in Florida include conforming mortgage rates, super conforming rates, jumbo rates, adjustable rates, HELOC rates and home equity loan rates. There are variations of each type of mortgage available in Florida listed below.

Loan Type Purchase    Refinance	Location State/City    Zip Code		Loan Amt	Points	FICO	% Down
30 year fixed refi 15 year fixed refi 10 year fixed refi 20 year fixed refi 5/1 ARM refi 7/1 ARM refi 10/1 ARM refi 3/1 ARM refi 5/1 ARM refi IO 7/1 ARM refi IO 3/1 ARM refi IO	AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY    Aventura Boca Raton Bradenton Cape Coral Coconut Creek Coral Gables Crystal River Daytona Beach Deerfield Beach DeLand Delray Beach Dunedin Ft Lauderdale Ft Myers Ft Walton Beach Gainesville Hallandale Hobe Sound-Port St. Lucie Hollywood Inverness Jacksonville Key West Lakeland Largo Margate Melbourne-Titusville-Palm Bay Miami Mount Dora N. Ft. Myers N. Miami Beach Naples Ocala Ojus Orlando Ormond Beach Panama City Pensacola Pompano Beach Port Charlotte Punta Gorda Sarasota Siesta Key St. Augustine St. Petersburg Sunny Isles Tallahassee Tamarac Tampa Venice Vero Beach West Palm Beach Winter Haven Winter Park		$	All 0 0.1 - 1 1.1 - 2	660 - 679 680 - 699 700 - 719 720 - 739 740+	5% 10% 15% 20% 25% 30% 40%

30 yr fixed refi in 32303, All points, Credit score: 740+     Sort by: Default Lender APR Rate Fees in APR Payment Points

Lender

APR

Rate

Cost & Fees

Notes

 

30 yr fixed Mortgage Loan from Optimum First Mortgage Inc.

Optimum First Mortgage Inc.

https://www.brimg.net/system/img/inst/7604_logo.gif

300000

Refinance

4.101

3.950

USD

(877) 548-0543

4.101%

8/16/2018

3.950%

at 0.100 pts
30 day lock rate

Est payment: $1,423.61

Fees in APR: $5,130

 

 

Next

30 yr fixed Mortgage Loan from Ally Bank

Ally Bank

https://www.brimg.net/system/img/inst/10271_logo.gif

300000

Refinance

4.490

4.375

USD

NMLS # 181005

4.490%

8/16/2018

4.375%

at 0.100 pts
30 day lock rate

Est payment: $1,497.86

Fees in APR: $3,734

Thanks for the inquiry! 

 

Next

30 yr fixed Mortgage Loan from Sol Mortgage

Sol Mortgage

https://www.brimg.net/system/img/inst/10262_logo.gif

300000

Refinance

4.253

4.210

USD

4.253%

8/16/2018

4.210%

at 0.100 pts
30 day lock rate

Est payment: $1,468.80

Fees in APR: $1,217

Thanks for the inquiry! 

 

Next

30 yr fixed Mortgage Loan from Northpointe Bank

Northpointe Bank

https://www.brimg.net/system/img/inst/10077_logo.gif

300000

Refinance

4.221

4.125

USD

NMLS # 447490

4.221%

8/16/2018

4.125%

at 0.100 pts
30 day lock rate

Est payment: $1,453.95

Fees in APR: $3,124

Thank you for your inquiry! 

 

Next

30 yr fixed Mortgage Loan from Sebonic Financial

Sebonic Financial

https://www.brimg.net/system/img/inst/8420_logo.gif

300000

Refinance

4.203

4.115

USD

NMLS # 66247
State Lic # MLD236
(877) 407-3813

4.203%

8/16/2018

4.115%

at 0.100 pts
30 day lock rate

Est payment: $1,452.21

Fees in APR: $2,852

Thank you for your inquiry, we will be in touch shortly. 

 

Next

30 yr fixed Mortgage Loan from First Mortgage Direct

First Mortgage Direct

https://www.brimg.net/system/img/inst/10212_logo.gif

300000

Refinance

4.371

4.250

USD

NMLS # 244476
State Lic # MLD1331

4.371%

8/16/2018

4.250%

at 1.000 pts
30 day lock rate

Est payment: $1,475.82

Fees in APR: $1,270

 

 

Next

30 yr fixed Mortgage Loan from Lenda, Inc.

Lenda, Inc.

https://www.brimg.net/system/img/inst/8792_logo.gif

300000

Refinance

4.296

4.250

USD

4.296%

8/16/2018

4.250%

at 0.100 pts
30 day lock rate

Est payment: $1,475.82

Fees in APR: $1,321

All online. No annoying phone calls. No paper. No hassles. 

 

Next

30 yr fixed Mortgage Loan from Capital Bank N.A.

Capital Bank N.A.

https://www.brimg.net/system/img/inst/8589_logo.gif

300000

Refinance

4.318

4.250

USD

4.318%

8/16/2018

4.250%

at 0.100 pts
30 day lock rate

Est payment: $1,475.82

Fees in APR: $2,120

 

 

Next

30 yr fixed Mortgage Loan from CIT Bank

CIT Bank

https://www.brimg.net/system/img/inst/10026_logo.gif

300000

Refinance

4.190

4.050

USD

(877) 341-6056

4.190%

8/16/2018

4.050%

at 0.100 pts
45 day lock rate

Est payment: $1,440.91

Fees in APR: $4,687

Thank you for your inquiry! We look forward to working with you. 

 

Next

30 yr fixed Mortgage Loan from ConsumerDirect Mortgage, a division of First Bank

ConsumerDirect Mortgage, a division of First Bank

https://www.brimg.net/system/img/inst/8087_logo.gif

300000

Refinance

4.356

4.125

USD

NMLS # 472433

4.356%

8/16/2018

4.125%

at 1.000 pts
30 day lock rate

Est payment: $1,453.95

Fees in APR: $5,144

No Points No Games No Surprises! No Closing Cost Options! 

 

Next

30 yr fixed Mortgage Loan from HomeDirect Mortgage

HomeDirect Mortgage

https://www.brimg.net/system/img/inst/10447_logo.gif

300000

Refinance

4.521

4.375

USD

NMLS # 403501

4.521%

8/16/2018

4.375%

at 1.000 pts
30 day lock rate

Est payment: $1,497.86

Fees in APR: $2,100

 

 

Next

30 yr fixed Mortgage Loan from Flagstar Bank

Flagstar Bank

https://www.brimg.net/system/img/inst/6546_logo.gif

300000

Refinance

4.468

4.375

USD

4.468%

8/16/2018

4.375%

at 0.100 pts
30 day lock rate

Est payment: $1,497.86

Fees in APR: $2,961

Thank you for your inquiry! 

 

Next

30 yr fixed Mortgage Loan from AimLoan.com

AimLoan.com

https://www.brimg.net/system/img/inst/1739_logo.gif

300000

Refinance

4.320

4.250

USD

NMLS # 2890
State Lic # ML-0700791

4.320%

8/16/2018

4.250%

at 0.100 pts
30 day lock rate

Est payment: $1,475.82

Fees in APR: $2,195

 

 

Next

30 yr fixed Mortgage Loan from McGlone Mortgage Group

McGlone Mortgage Group

https://www.brimg.net/system/img/inst/2125_logo.gif

300000

Refinance

4.400

4.375

USD

NMLS # 3232
State Lic # MLDB3972
(877) 475-4039

4.400%

8/16/2018

4.375%

at 0.000 pts
45 day lock rate

Est payment: $1,497.86

Fees in APR: $895

Thanks for the inquiry! 

 

Next

30 yr fixed Mortgage Loan from Better Mortgage Inc

Better Mortgage Inc

https://www.brimg.net/system/img/inst/9722_logo.gif

300000

Refinance

4.207

4.125

USD

(877) 699-1832

4.207%

8/16/2018

4.125%

at 0.000 pts
30 day lock rate

Est payment: $1,453.95

Fees in APR: $2,937

Thank you for your quote. 

 

Next

30 yr fixed Mortgage Loan from Optimum First Mortgage Inc.

Optimum First Mortgage Inc.

https://www.brimg.net/system/img/inst/7604_logo.gif

300000

Refinance

4.190

4.125

USD

(877) 548-0543

4.190%

8/16/2018

4.125%

at 0.000 pts
30 day lock rate

Est payment: $1,453.95

Fees in APR: $2,334

 

 

Next

30 yr fixed Mortgage Loan from JG Wentworth Home Lending

JG Wentworth Home Lending

https://www.brimg.net/system/img/inst/10054_logo.gif

300000

Refinance

4.499

4.490

USD

NMLS # 2925
State Lic # MLD157

4.499%

8/16/2018

4.490%

at 0.000 pts
45 day lock rate

Est payment: $1,518.27

Fees in APR: $299

 

 

Next

30 yr fixed Mortgage Loan from Ally Bank

Ally Bank

https://www.brimg.net/system/img/inst/10271_logo.gif

300000

Refinance

4.628

4.625

USD

NMLS # 181005

4.628%

8/16/2018

4.625%

at 0.000 pts
30 day lock rate

Est payment: $1,542.42

Fees in APR: $94

Thanks for the inquiry! 

 

Next

30 yr fixed Mortgage Loan from First Mortgage Direct

First Mortgage Direct

https://www.brimg.net/system/img/inst/10212_logo.gif

300000

Refinance

4.500

4.500

USD

NMLS # 244476
State Lic # MLD1331

4.500%

8/16/2018

4.500%

at 0.000 pts
30 day lock rate

Est payment: $1,520.06

Fees in APR: None

 

 

Next

30 yr fixed Mortgage Loan from Flagstar Bank

Flagstar Bank

https://www.brimg.net/system/img/inst/6546_logo.gif

300000

Refinance

4.659

4.625

USD

4.659%

8/16/2018

4.625%

at 0.000 pts
30 day lock rate

Est payment: $1,542.42

Fees in APR: $1,193

Thank you for your inquiry! 

 

Next

30 yr fixed Mortgage Loan from Lenda, Inc.

Lenda, Inc.

https://www.brimg.net/system/img/inst/8792_logo.gif

300000

Refinance

4.375

4.375

USD

4.375%

8/16/2018

4.375%

at 0.000 pts
30 day lock rate

Est payment: $1,497.86

Fees in APR: None

All online. No annoying phone calls. No paper. No hassles. 

 

Next

30 yr fixed Mortgage Loan from CIT Bank

CIT Bank

https://www.brimg.net/system/img/inst/10026_logo.gif

300000

Refinance

4.342

4.275

USD

(877) 341-6056

4.342%

8/16/2018

4.275%

at 0.000 pts
45 day lock rate

Est payment: $1,480.21

Fees in APR: $2,370

Thank you for your inquiry! We look forward to working with you. 

 

Next

30 yr fixed Mortgage Loan from ConsumerDirect Mortgage, a division of First Bank

ConsumerDirect Mortgage, a division of First Bank

https://www.brimg.net/system/img/inst/8087_logo.gif

300000

Refinance

4.306

4.250

USD

NMLS # 472433

4.306%

8/16/2018

4.250%

at 0.000 pts
30 day lock rate

Est payment: $1,475.82

Fees in APR: $1,995

No Points No Games No Surprises! No Closing Cost Options! 

 

Next

30 yr fixed Mortgage Loan from Capital Bank N.A.

Capital Bank N.A.

https://www.brimg.net/system/img/inst/8589_logo.gif

300000

Refinance

4.398

4.375

USD

4.398%

8/16/2018

4.375%

at 0.000 pts
30 day lock rate

Est payment: $1,497.86

Fees in APR: $818

 

 

Next

30 yr fixed Mortgage Loan from FIRST SAVINGS MORTGAGE

FIRST SAVINGS MORTGAGE

https://www.brimg.net/system/img/inst/10269_logo.gif

300000

Refinance

4.423

4.375

USD

NMLS # 689422
State Lic # MLD292
(877) 733-7101

4.423%

8/15/2018

4.375%

at 0.000 pts
30 day lock rate

Est payment: $1,497.86

Fees in APR: $1,695

 

 

Next

30 yr fixed Mortgage Loan from AimLoan.com

AimLoan.com

https://www.brimg.net/system/img/inst/1739_logo.gif

300000

Refinance

4.500

4.500

USD

NMLS # 2890
State Lic # ML-0700791

4.500%

8/16/2018

4.500%

at 0.000 pts
30 day lock rate

Est payment: $1,520.06

Fees in APR: None

 

 

Next

30 yr fixed Mortgage Loan from Sol Mortgage

Sol Mortgage

https://www.brimg.net/system/img/inst/10262_logo.gif

300000

Refinance

4.269

4.240

USD

4.269%

8/16/2018

4.240%

at 0.000 pts
30 day lock rate

Est payment: $1,474.06

Fees in APR: $1,042

Thanks for the inquiry! 

 

Next

30 yr fixed Mortgage Loan from HomeDirect Mortgage

HomeDirect Mortgage

https://www.brimg.net/system/img/inst/10447_logo.gif

300000

Refinance

4.500

4.500

USD

NMLS # 403501

4.500%

8/16/2018

4.500%

at 0.000 pts
30 day lock rate

Est payment: $1,520.06

Fees in APR: None

 

 

Next

30 yr fixed Mortgage Loan from Sebonic Financial

Sebonic Financial

https://www.brimg.net/system/img/inst/8420_logo.gif

300000

Refinance

4.273

4.240

USD

NMLS # 66247
State Lic # MLD236
(877) 407-3813

4.273%

8/16/2018

4.240%

at 0.000 pts
30 day lock rate

Est payment: $1,474.06

Fees in APR: $1,181

Thank you for your inquiry, we will be in touch shortly. 

 

Next

30 yr fixed Mortgage Loan from LoanLock

LoanLock

https://www.brimg.net/system/img/inst/9948_logo.gif

300000

Refinance

4.375

4.375

USD

4.375%

8/16/2018

4.375%

at 0.000 pts
30 day lock rate

Est payment: $1,497.86

Fees in APR: None

 

 

Next

30 yr fixed Mortgage Loan from Northpointe Bank

Northpointe Bank

https://www.brimg.net/system/img/inst/10077_logo.gif

300000

Refinance

4.375

4.375

USD

NMLS # 447490

4.375%

8/16/2018

4.375%

at 0.000 pts
30 day lock rate

Est payment: $1,497.86

Fees in APR: None

Thank you for your inquiry! 

 

Next

30 yr fixed Mortgage Loan from Sebonic Financial

Sebonic Financial

https://www.brimg.net/system/img/inst/8420_logo.gif

300000

Refinance

4.063

3.865

USD

NMLS # 66247
State Lic # MLD236
(877) 407-3813

4.063%

8/16/2018

3.865%

at 1.100 pts
30 day lock rate

Est payment: $1,409.00

Fees in APR: $3,794

Thank you for your inquiry, we will be in touch shortly. 

 

Next

30 yr fixed Mortgage Loan from ConsumerDirect Mortgage, a division of First Bank

ConsumerDirect Mortgage, a division of First Bank

https://www.brimg.net/system/img/inst/8087_logo.gif

300000

Refinance

4.246

3.875

USD

NMLS # 472433

4.246%

8/16/2018

3.875%

at 2.000 pts
30 day lock rate

Est payment: $1,410.71

Fees in APR: $7,087

No Points No Games No Surprises! No Closing Cost Options! 

 

Next

30 yr fixed Mortgage Loan from Flagstar Bank

Flagstar Bank

https://www.brimg.net/system/img/inst/6546_logo.gif

300000

Refinance

4.410

4.250

USD

4.410%

8/16/2018

4.250%

at 1.100 pts
30 day lock rate

Est payment: $1,475.82

Fees in APR: $2,325

Thank you for your inquiry! 

 

Next

30 yr fixed Mortgage Loan from Ally Bank

Ally Bank

https://www.brimg.net/system/img/inst/10271_logo.gif

300000

Refinance

9.507

9.125

USD

NMLS # 181005

9.507%

8/16/2018

9.125%

at 1.100 pts
30 day lock rate

Est payment: $2,440.90

Fees in APR: $6,594

Thanks for the inquiry! 

 

Next

30 yr fixed Mortgage Loan from Optimum First Mortgage Inc.

Optimum First Mortgage Inc.

https://www.brimg.net/system/img/inst/7604_logo.gif

300000

Refinance

3.976

3.750

USD

(877) 548-0543

3.976%

8/16/2018

3.750%

at 1.100 pts
30 day lock rate

Est payment: $1,389.35

Fees in APR: $4,833

 

 

Next

30 yr fixed Mortgage Loan from Lenda, Inc.

Lenda, Inc.

https://www.brimg.net/system/img/inst/8792_logo.gif

300000

Refinance

4.157

3.990

USD

4.157%

8/16/2018

3.990%

at 1.100 pts
30 day lock rate

Est payment: $1,430.52

Fees in APR: $2,659

All online. No annoying phone calls. No paper. No hassles. 

 

Next

30 yr fixed Mortgage Loan from CIT Bank

CIT Bank

https://www.brimg.net/system/img/inst/10026_logo.gif

300000

Refinance

4.100

3.900

USD

(877) 341-6056

4.100%

8/16/2018

3.900%

at 1.100 pts
45 day lock rate

Est payment: $1,415.00

Fees in APR: $3,845

Thank you for your inquiry! We look forward to working with you. 

 

Next

30 yr fixed Mortgage Loan from AimLoan.com

AimLoan.com

https://www.brimg.net/system/img/inst/1739_logo.gif

300000

Refinance

4.196

4.000

USD

NMLS # 2890
State Lic # ML-0700791

4.196%

8/16/2018

4.000%

at 1.100 pts
30 day lock rate

Est payment: $1,432.25

Fees in APR: $3,665

 

 

Next

30 yr fixed Mortgage Loan from Sol Mortgage

Sol Mortgage

https://www.brimg.net/system/img/inst/10262_logo.gif

300000

Refinance

9.551

9.125

USD

9.551%

8/16/2018

9.125%

at 1.100 pts
30 day lock rate

Est payment: $2,440.90

Fees in APR: $7,691

Thanks for the inquiry! 

 

Next

30 yr fixed mtg refi Mortgage Loan from Raymond James Bank, NA

Raymond James Bank, NA

300000

Refinance

4.913

4.875

USD

Raymond James Bank, NA

4.913%

8/14/2018

4.875%

at 0.000 pts
45 day lock rate

Est payment: $1,587.62

Fees in APR: $1,299

 

 

30 yr fixed mtg refi Mortgage Loan from VyStar Credit Union

VyStar Credit Union

https://www.brimg.net/system/img/inst/3250_logo.gif

300000

Refinance

5.000

5.000

USD

5.000%

8/14/2018

5.000%

at 0.000 pts
60 day lock rate

Est payment: $1,610.46

Fees in APR: None

 

 

30 yr fixed mtg refi Mortgage Loan from First Merchants Bank

First Merchants Bank

300000

Refinance

4.651

4.625

USD

First Merchants Bank

4.651%

8/13/2018

4.625%

at 0.000 pts
30 day lock rate

Est payment: $1,542.42

Fees in APR: $905

 

 

30 yr fixed mtg refi Mortgage Loan from BMO Harris Bank, NA

BMO Harris Bank, NA

300000

Refinance

4.760

4.625

USD

BMO Harris Bank, NA

4.760%

8/10/2018

4.625%

at 1.250 pts
60 day lock rate

Est payment: $1,542.42

Fees in APR: $914

 

 

30 yr fixed mtg refi Mortgage Loan from Suncoast Credit Union

Suncoast Credit Union

300000

Refinance

4.693

4.625

USD

Suncoast Credit Union

4.693%

8/14/2018

4.625%

at 0.500 pts
45 day lock rate

Est payment: $1,542.42

Fees in APR: $850

 

 

30 yr fixed mtg refi Mortgage Loan from Bank of Oak Ridge

Bank of Oak Ridge

300000

Refinance

4.671

4.625

USD

Bank of Oak Ridge

4.671%

8/16/2018

4.625%

at 0.250 pts
60 day lock rate

Est payment: $1,542.42

Fees in APR: $853

 

 

30 yr fixed mtg refi Mortgage Loan from Santander Bank, N.A.

Santander Bank, N.A.

300000

Refinance

4.808

4.750

USD

Santander Bank, N.A.

4.808%

8/16/2018

4.750%

at 0.000 pts
60 day lock rate

Est payment: $1,564.94

Fees in APR: $2,004

 

 

30 yr fixed mtg refi Mortgage Loan from United Bank

United Bank

300000

Refinance

4.741

4.625

USD

United Bank

4.741%

8/15/2018

4.625%

at 1.000 pts
30 day lock rate

Est payment: $1,542.42

Fees in APR: $995

 

 

30 yr fixed mtg refi Mortgage Loan from TD Bank, NA

TD Bank, NA

300000

Refinance

4.540

4.500

USD

TD Bank, NA

4.540%

8/14/2018

4.500%

at 0.125 pts
45 day lock rate

Est payment: $1,520.06

Fees in APR: $1,043

 

 

30 yr fixed mtg refi Mortgage Loan from Grow Financial FCU

Grow Financial FCU

300000

Refinance

4.654

4.625

USD

Grow Financial FCU

4.654%

8/14/2018

4.625%

at 0.000 pts
30 day lock rate

Est payment: $1,542.42

Fees in APR: $1,004

 

 

30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank

LincolnWay Community Bank

300000

Refinance

4.656

4.625

USD

LincolnWay Community Bank

4.656%

8/14/2018

4.625%

at 0.000 pts
30 day lock rate

Est payment: $1,542.42

Fees in APR: $1,085

 

 

Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.

Florida Conforming Mortgage Rates

Conforming mortgage rates are rates on mortgages that meet the criteria set out by the Federal Housing Finance Agency. There are limits set for each county of Florida. There are higher mortgage loan limits for designated high-cost areas, like on the coasts and in large cities.

Florida mortgages that “conform” to the standards set out by the Federal Housing Finance Agency can be purchased by Freddie Mac and Fannie Mae. This process guarantees banks are able to resell Florida mortgage loans that have been made. As a result, Florida mortgage rates today are lower than jumbo interest rates in Florida. Conforming mortgages and jumbo mortgages are available in terms of 40 years, 30 years, 25 years, 20 years, 15 years and 10 years.

Florida Super Conforming Home Loan Rates

Super conforming mortgages in Florida are mortgages that have higher mortgage loan amounts but still “conform” to the standards set by the Federal Housing Finance Agency. Super conforming mortgages are available for the higher cost housing areas like the coasts and in large cities.

Florida Jumbo Loan Interest Rates

Florida jumbo mortgage rates are rates for mortgage loans that have a dollar amount higher than conforming and super conforming loan amounts. Jumbo home loan rates in Florida are usually 0.75 basis points higher than conforming mortgage rates in Florida because there is no guarantee banks and credit unions can sell these mortgages after they make the loans.

Florida Fixed Rate Mortgages

Fixed rate mortgages are the most common mortgage available in Florida. The mortgage rate and the monthly payment stay the same for the entire life of the mortgage loan. This makes fixed rate mortgages the most stable and predictable for mortgagees.

Florida Adjustable Interest Rates

Florida adjustable mortgages have a fixed mortgage rate for a certain number of years and then the mortgage rate adjusts every year after the initial period. There are usually yearly caps and life time caps on how much the mortgage interest rate and fluctuate. Your monthly mortgage payment will be lower at first but can rise when mortgage rates rise. Adjustable mortgages are available in terms of 1 year, 3 years, 5 years, 7 years and 10 years.

Florida Interest Only Home Mortgage Rates

Florida interest only mortgages are mortgages that the borrower pays only the interest on the principal balance or a set period of time. After the initial period the mortgagee pays both interest and principal. Interest only (IO) mortgages were popular during the housing boom.

Florida FHA Mortgage Mortgage Rates

Borrowers in Florida must meet certain requirements established by FHA to qualify for a mortgage insured by the FHA. FHA mortgage interest rates in Florida are usually lower than conforming mortgage interest rates because mortgage lenders bear less risk because FHA will pay the lender if a homeowner defaults on his or her mortgage loan.

Cities in Florida