Florida Mortgage and Refinance Rates

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Current Florida Mortgage Rates

Average market rates for March 29, 2024 in Florida are 6.72% for 30-year fixed purchase and 6.84% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase6.72%6.74%
30-year Fixed Refinance6.84%6.86%
Rates based on market averages as of Mar 29, 2024.
ProductRateAPR
30-year Fixed Purchase6.72%6.74%
30-year Fixed Refinance6.84%6.86%
Rates based on market averages as of Mar 29, 2024.

Florida Purchase Rates

ProductRateAPR
15-year Fixed Purchase5.84%5.89%
15-year Fixed Jumbo Purchase6.80%6.84%
30-year Fixed Purchase6.72%6.74%
30-year Fixed Jumbo Purchase6.95%6.97%
Rates based on market averages as of Mar 29, 2024.

Florida Refinance Rates

ProductRateAPR
15-year Fixed Refinance5.85%5.89%
15-year Fixed Jumbo Refinance6.81%6.85%
30-year Fixed Refinance6.84%6.86%
30-year Fixed Jumbo Refinance6.96%6.98%
Rates based on market averages as of Mar 29, 2024.

Florida ARM Rates

ProductRateAPR
5/6 Arm (purchase)7.07%7.10%
5/6 Arm (refinance)7.13%7.17%
5/6 Jumbo Arm (purchase)7.04%7.04%
5/6 Jumbo Arm (refinance)7.09%7.09%
Rates based on market averages as of Mar 29, 2024.

How we source rates and rate trends

Most Common Mortgage Types in Florida

  • Conventional: 241,589 loans
  • FHA: 51,561 loans
  • VA: 34,969 loans
  • USDA: 1,295 loans

Top Purchase Lenders in Florida by Volume

  • Rocket Mortgage, LLC: 13,965 loans
  • DHI Mortgage Company, Ltd.: 10,702 loans
  • Crosscountry Mortgage, LLC: 9,641 loans
  • Lennar Mortgage, LLC: 8,489 loans
  • Caliber Home Loans, Inc.: 7,860 loans
  • Loandepot.com, LLC: 6,800 loans
  • Movement Mortgage, LLC: 5,647 loans
  • Fairway Independent Mortgage Corporation: 5,642 loans
  • Mortgage Research Center, LLC: 5,469 loans
  • Paramount Residential Mortgage Group, Inc.: 5,263 loans

Top Refinance Lenders in Florida by Volume

  • Rocket Mortgage, LLC: 4,032 loans
  • PNC Bank: 2,020 loans
  • Bank Of America: 1,783 loans
  • Pennymac Loan Services, LLC: 1,757 loans
  • American Advisors Group: 1,662 loans
  • Truist Bank: 1,620 loans
  • Nationstar Mortgage LLC: 1,569 loans
  • Wells Fargo Bank: 1,533 loans
  • Vystar: 1,529 loans
  • Freedom Mortgage Corporation: 1,485 loans

Top Cash-Out Refinance Lenders in Florida by Volume

  • Rocket Mortgage, LLC: 22,125 loans
  • Loandepot.com, LLC: 5,797 loans
  • Nationstar Mortgage LLC: 4,475 loans
  • Freedom Mortgage Corporation: 4,221 loans
  • Pennymac Loan Services, LLC: 3,843 loans
  • Wells Fargo Bank: 3,270 loans
  • Vystar: 2,249 loans
  • Caliber Home Loans, Inc.: 2,137 loans
  • Flagstar Bank, Fsb: 2,061 loans
  • Amerisave Mortgage Corporation: 2,031 loans

How we source lender data

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