Florida Mortgage Rates (2026)
Current average mortgage rates, median home prices, and top lenders in Florida. Rates apply to primary residence purchases with good credit (740+).
30yr Fixed
7.05%
Avg APR
15yr Fixed
6.45%
Avg APR
Median Price
$415,000
Median home
Monthly P&I
$2,213
30yr at 80% LTV
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Top Mortgage Lenders in Florida
1
Get RateRocket Mortgage
Online convenience
30yr Fixed
7%
15yr Fixed
6.4%
Min Down
3%
2
Get RateChase
Existing customers
30yr Fixed
6.9%
15yr Fixed
6.3%
Min Down
3%
3
Get RateWells Fargo
Branch access
30yr Fixed
7.1%
15yr Fixed
6.5%
Min Down
3%
4
Get RateBank of America
Preferred Rewards
30yr Fixed
7%
15yr Fixed
6.4%
Min Down
3%
5
Get RateloanDepot
Low down payment
30yr Fixed
6.9%
15yr Fixed
6.3%
Min Down
3%
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First-Time Buyer Programs in Florida
- ✓Florida HFA Preferred
- ✓Florida Assist Second Mortgage
- ✓Hometown Heroes
Mortgage Requirements in Florida
- •Min 640 credit score for most FL programs
- •DTI under 45%
- •Flood zone determination required during underwriting
Florida Housing Market Facts
No state income tax makes Florida attractive for long-term wealth building.
Homestead exemption can save up to $50,000 on assessed value.
Flood insurance is often required and can add $100-300/month to costs.
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