Who has the best mortgage rates in Florida?

I’m looking for a primary, single-family home in for , and credit score.

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Insights

Negotiate everything—rates, fees, and terms are not set in stone.

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Lenders with low rates in FL

TrueRate analyzed the rates lenders actually gave to buyers for the last three years and found only a few lenders likely to get you a good deal.

LenderLender fees
Customer reviews

Insights

Negotiate everything—rates, fees, and terms are not set in stone.

Portrait of George Robinson, TrueRate Data ScientistGeorge Robinson TrueRate Data Scientist

Lenders in FL likely to have high rates

We don’t accept advertising, so you can get the real lender story. TrueRate looked at 138 lenders and found that these lenders are likely to offer you a high rate.

LenderLender fees
Customer reviews

Insights

Whether a lender has high margins or is simply inefficient and passing their costs on to you, the result is the same—you’ll likely end up paying more for your home. Our data shows that if you choose these lenders you will likely regret it.

Portrait of George Robinson, TrueRate Data ScientistGeorge Robinson TrueRate Data Scientist

Lenders with average rates in FL

You deserve better than what these lenders historically provide.


Don’t let lenders pull a fast one on you

Learn how really low rates often come with hidden fees. Drag the slider to see how rates and fees are connected.

6.65% - 6.86%

Insights

TrueRate compares lenders based on their 0 points or par rate. You should use this rate when comparing lenders.
Portrait of James McTernan, Tomo Mortgage Loan AdvisorInsights by James McTernan Tomo Mortgage Loan Advisor - NMLS #337556

TrueRate report

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Methodology

We believe in transparency. Here’s how we crunched the numbers.

Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.


Florida’s housing market is looking promising

With interest rates on 30-year conforming loans gradually decreasing, buying a home in the Sunshine State is starting to feel more realistic. Lower rates mean more affordable monthly payments, giving you better options without pushing your budget to the limit.

Florida’s housing market has a lot of variety. If you’re aiming for places like Miami or Fort Lauderdale, expect higher prices—that’s the tradeoff for living near the beaches, nightlife, and all the excitement South Florida offers. But thanks to improving interest rates, even these more expensive areas are becoming slightly more accessible. If you’re open to exploring other cities, places like Tampa, Orlando, and Jacksonville offer great homes at more affordable prices, with growing neighborhoods and less intense competition.

Prefer something quieter? Florida has plenty of charming towns and suburbs where you can still find spacious, budget-friendly homes. Whether you’re drawn to a relaxed coastal community along the Gulf of Mexico or a peaceful area outside Orlando, many of these locations offer bigger yards, more space, and maybe even that dream backyard pool to beat the Florida heat.

For first-time buyers, Florida also provides helpful programs to ease the path to homeownership. From down payment assistance to more favorable loan terms, these resources can make buying your first home less overwhelming and more affordable.

Whether you’re looking for beach vibes, vibrant city life, or a slower pace inland, Florida has something for everyone. With mortgage rates improving and a wide range of housing options, now is a great time to start your search and find the perfect fit for your Florida lifestyle.