Florida Mortgage Rates Still Historically Low

Author: Rich Barnhart

Author: Rich Barnhart

Mortgage interest rates flatten after small increase

Mortgage interest rates have flattened over the past week after gradually rising over the past month. The 30-year fixed rate mortgage is averaging about 3.5% and is still historically low. Freddie Mac expects rates to continue to increase, but at a more gradual pace. There is still plenty of time to take advantage of these low rates for a home purchase in Florida or to refinance your current loan.

Mortgage Rates Still Historically Low
Blog Author:

Rich Barnhart

Rich is the broker and owner of By The Sea Realty and a frequent contributor to the company's real estate blog.

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