Everyone knows that Florida home loans are a great bargain at the moment, but the sad truth is that many of the state’s residents are helpless to take advantage of them. With home prices also on the slide, it’s almost the perfect environment to be purchasing a home except for one missing element: jobs.
Because unemployment has grown steadily across the nation, many are fearful of jumping into a mortgage or simply can’t afford them. If you have the means however, now would be a great time to snatch up some prime property in the state. Here are the best Florida mortgage rates for the last week of November.
See the best interest rates for the week below.
Florida 30 Year Mortgage Loan Rate: $300,000
American Financial Resources 30 Year fixed rate at 4.375% with an estimated monthly payment of $1,498
AIG Bank 30 Year fixed rate at 4.5% with an estimated monthly payment of $1,520
CapWest Mortgage 30 Year fixed rate at 4.25% with an estimated monthly payment of $1,476
Integrity Home Loan of Central Florida 30 Year fixed rate at 4.25% with an estimated monthly payment of $1,476
Gateway Bank Mortgage 30 Year fixed rate at 4.25% with an estimated monthly payment of $1,476
Guaranteed Rate 30 Year fixed rate at 4.5% with an estimated monthly payment of $1,520
Florida 15 Year Home Loan Rate: $300,000
American Financial Resources 15 Year fixed rate at 3.875% with an estimated monthly payment of $2,200
AIG Bank 15 Year fixed rate at 3.875% with an estimated monthly payment of $2,200
CapWest Mortgage 15 Year fixed rate at 3.75% with an estimated monthly payment of $2,182
Florida Option ARM Mortgage Rate: $300,000
AIG Bank 5/1 Year ARM rate at 3.75% with an estimated monthly payment of $1,389
Take advantage of the low Florida home loan rates today if you have the means – interest rates may not be this low again for a long while.
Mortgage rates accurate as of publishing date and based on a loan amount of $300,000. Please see the financial institution about any changes and additional fees.
