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Florida Mortgage Rates October 9, 2013

Despite being 9 days into the government shutdown, Florida mortgage rates have been quite stable.  If you have been on the fence on whether or not to lock your interest rate, you may want to act now.  This is particularly important because the government reopening results in good news which often drives up the stock market at the expense of mortgage bonds and thus results in mortgage rate increases once again.

Florida Mortgage Rates October 9, 2013:

  • 30 Year Fixed Rate Mortgage – 3.875% (4.060% APR)
  • 15 Year Fixed Rate Mortgage – 2.875% (3.214% APR)

Disclosures

Check back tomorrow to get the newest rate updates!