Who has low mortgage rates in Florida?
A good rate for a primary, single-family home in for , and credit score
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson Chief Data ScientistLenders with low rates in FL
It’s hard to find a lender in the good rate range—we’ve analyzed 442 lenders and found some likely to get you a good deal.
| Lender | Lender fees | Customer synopsis | |
|---|---|---|---|
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson Chief Data ScientistLenders in FL likely to have high rates
We dont accept advertising, so TrueRate can give the real lender story. We looked at 442 lenders and these lenders are likely to offer you a high rate.
| Lender | Lender fees | Summary | |
|---|---|---|---|
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.
George Robinson Chief Data ScientistMethodology
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 a 30-year conforming loan gradually coming down, buying a home in the Sunshine State is starting to feel more achievable, and that means better options for you without stretching your budget too thin.
Florida is a state of contrasts when it comes to real estate. If you’ve got your sights set on places like Miami or Fort Lauderdale, be prepared for higher prices—it’s the cost of being close to the beaches, nightlife, and everything South Florida has to offer. But with the way interest rates are easing, even these pricier spots are becoming more within reach. That said, if you venture outside the big metro areas, cities like Tampa, Orlando, and Jacksonville offer plenty of bang for your buck. You can find great homes in growing communities without the same level of competition or sky-high costs.
And if you’re more about that laid-back, suburban or small-town life, Florida’s got plenty of hidden gems. Whether it’s a coastal town along the Gulf of Mexico or something more central, like the outskirts of Orlando, you can still find affordable homes with more space, a backyard, and maybe even a pool to survive those hot summers.
Florida also has some great programs for first-time buyers, with options to help you with down payments or make your loan terms more manageable. These resources are perfect if you’re looking to get into a home but don’t want to feel overwhelmed by upfront costs.
So whether you’re dreaming of beach life, a bustling city, or something quieter inland, Florida’s housing market is becoming more attractive with improving rates and plenty of options. Now’s a great time to start exploring and see what fits your vision for your Florida home.