Florida Morgage Rates

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Florida Morgage Rates

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Florida Morgage Rates as of 08/28/08

PRODUCT	RATE		CHANGE
30 Year Fixed	5.95%		0.00%
15 Year Fixed	5.52%		-0.01%
30 Year Fixed Jumbo	6.72%		-0.01%
15 Year Fixed Jumbo	6.46%		-0.02%
5 Year Balloon	6.40%		0.00%
7 Year Balloon	6.76%		0.00%
1/1 ARM	5.68%		0.00%
3/1 ARM	5.45%		-0.06%
5/1 ARM	5.54%		-0.06%
1/1 Jumbo ARM	6.03%		0.00%
3/1 Jumbo ARM	6.02%		0.03%
5/1 Jumbo ARM	6.11%		0.01%
FHA 30 Year Fixed	5.97%		-0.05%
FHA 1 Yr ARM	5.76%		0.02%
VA 30 Year Fixed	5.89%		-0.03%

Before applying for morgage loans or morgage refinance, you should always remember that Florida state morgage rates fluctuate on a daily basis. Therefore it is important to revisit this site often to obtain the latest morgage rates for Florida state before applying for a new mortgage or refinancing your current morgage. Above you will find today's morgage rates for the most popular morgage products available in Florida state. These rates are based on more than 200 Florida state morgage companies poll for their morgage products and offers and are updated daily. These morgage rates, as well as the list of Florida morgage companies with their current morgage offerings, should give you a good starting point for your morgage related search.

Morgage industry news

African Americans, Hispanics charged higher mortgage rates, says study Earthtimes - WASHINGTON: A study by an advocacy group in the U.S. has brought out that African Americans and Hispanics are more likely to be charged with higher rates of interest for mortgages than wh (full story)	Exotic mortgages remain popular despite increasing risks Marketwatch - Such loan innovations allow home buyers to put little money down and make low monthly payments. They've also poured fuel one of the hottest and longest housing booms in the nation's hist (full story)
Fed's Bies warns on real estate loans CNN Money - WASHINGTON (Reuters) - U.S banking regulators are warily eyeing concentrations of commercial real estate loans and worry some institutions may not be preparing for risks associated with su (full story)	Sales of New Homes Jump Unexpectedly WISH-TV - Sales of new homes rose unexpectedly in April to the fastest pace this year as the housing sector showed resilience in the face of rising mortgage rates. But the price of homes sold last mon (full story)

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8/28/2008 11:13 PM