Today's Florida Mortgage Rates - April 19, 2011

Mortgage and Lending

The market continues to get better with the FNMA 4.5% coupon yielding 2.22%. This is up from end of business Monday, which closed at 2.12%. Because of this we have seen a decrease in rates. Based on today's Florida mortgage rates, the below fixed interest rates are available for qualified borrowers:

  • 30 Year Fixed:  4.375% / 4.625% APR
  • 20 Year Fixed:  4.25% / 4.563% APR
  • 15 Year Fixed:  3.99% / 4.196% APR
  • 10 Year Fixed:  3.75% / 3.869% APR

The above rates are based on the following assumptions:

  • $165,000 loan amount
  • 80% loan to value
  • Purchase transaction or rate/term refinance
  • 720 middle credit score
  • Single family house
  • Primary residence
  • Including escrows

First Nationwide Lending is a Sarasota Florida mortgage company specializing in purchase and refinance Florida home loan programs. Visit our website today for the lowest Florida mortgage rates.

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