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Florida Mortage Rates

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Florida Mortage Rates as of 08/27/08

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

Mortage industry news

High rates likelier for minorities Wichita Eagle - Minority homeowners receive high-interest mortgages 30 percent more often than whites, even when they have the same credit histories and qualifications, a national study has found. The (full story)	Homebuilders are slammed by downgrades Ludington Daily News - DETROIT (AP) - Shares of major homebuilding companies fell again on Tuesday in reaction to ratings downgrades, fears of higher interest rates and lower full-year outlooks for th (full story)
Latest News dBusinessNews.com - Atlanta: The Marcus Foundation Gives $15 Million to Tech Atlanta — The Marcus Foundation announced a $15 million commitment ... Minneapolis: Simply Retail Helps Bring Health Care R (full story)	Tri-Cities ranks low in foreclosures vs. other metro areas Kingsport Times-News - The Tri-Cities ranked 74th in foreclosures among the 100 largest metropolitan areas, according to RealtyTrac. That's below No. 4 Memphis, No. 31 Charlotte, No. 36 Nashville, No. (full story)

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8/27/2008 6:45 PM