Florida Mortgage Rates Today
Mortgage rates today in Florida are averaging today at about 5.125 % on a 30 year fixed mortgage, 15 year mortgage rates slightly lower at about 4.625 %.
In my opinion all the economic indicators are suggesting that mortgage rates will keep trending upwards. Most professionals in the mortgage industry believe that mortgage rates will soon be around 6 % to 6.5 %
Florida mortgage rates have always been slightly higher then most states over the past few years due to Florida's declining real estate market's.
While Florida mortgage rates today remained relativly low and the government offering a $8000.00 dollar tax credit for first time home buyers, there has never been a better time to buy. If you have been waiting to purchase a home you must act now. The tax credit will be expiring on April 30, 2010, any buyers that have signed a purchase contract prior to that date must close by June 30, 2010.
Don't wait for mortgage rates in Florida to go up and the $8000.00 tax credit to expire, take advantage of this amazing chance to buy homes here in Florida, where some real estate markets have declined by up to 60%
Looking to buy? Realtors have a client that needs a mortgage? Contact Adam R. Cohn at Freedom Mortgage Corp. At 561-289-0125. I would be more then happy to help anyone looking to buy or answer any questions you may have about mortgage rates here in Florida.
Let my team of Florida mortgage professionals find you the best mortgage rate today!
Adam R. Cohn
Freedom Mortgage Corp.
Sr. Banking Executive
561-289-0125 Cell
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