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Current Interest Rates & What They Mean for Buyers in Florida

  • Writer: Cami Pose
    Cami Pose
  • Sep 10
  • 2 min read
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If you’ve been waiting for the right time to buy a home in Florida, 2025 may finally be opening that door. Mortgage rates have dipped to their lowest levels in nearly a year, and that change could mean new opportunities for buyers across the Sunshine State, from Miami to Orlando, Tampa to Jacksonville.

Current Mortgage Rates in Florida

As of September 2025:

  • 30-year fixed mortgage: ~6.1%–6.5%

  • 15-year fixed mortgage: ~5.3%–5.5%

  • 5-year ARM: ~7.1%


This is a welcome shift from the nearly 8% rates buyers faced not long ago. Even a small drop in interest rates can translate into hundreds of dollars in monthly savings on a Florida home loan.


What This Means for Florida Homebuyers

  • More Buying Power: Lower rates mean you can afford more home without increasing your budget.

  • Refinance Opportunities: If you purchased in the last couple of years when rates were higher, now might be the time to refinance and cut your monthly payment.

  • Improved Confidence: With slightly lower rates and more loan options, Florida buyers are starting to come back into the market.


Why Work With a Mortgage Broker in Florida?

A mortgage broker can do more than quote you an interest rate. We shop multiple lenders to help you find the best programs available, including:

  • First-time homebuyer programs unique to Florida

  • Down payment assistance grants and incentives

  • Rate lock and buydown programs that can protect you from rising rates or reduce your payments in the early years

Whether you’re buying in South Florida, Central Florida, or along the Gulf Coast, working with a broker ensures you have the best loan options for your specific needs.

The Bottom Line

Today’s lower mortgage rates are creating a window of opportunity for Florida homebuyers. If you’ve been saying “maybe someday,” this could be the time to turn that into “we closed.”


Thinking about buying a home in Florida? Let’s talk about your goals and find the mortgage that’s right for you.

 
 
 

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