Florida Mortgage Rates 2025: Home Loans & First-Time Buyer Programs
Florida offers no state income tax, affordable property taxes, and diverse markets from Miami to Jacksonville. This guide reveals current mortgage rates, state-specific programs, and strategies to get the best deal in Florida.
⚡ Quick Facts - Florida 2025:
- Average 30-year rate: 6.70% (vs 6.72% national)
- Median home price: $450,000
- State income tax: 0% (major advantage!)
- Property tax: ~0.83% (below national average)
- Down payment assistance: 12+ programs available
Current Mortgage Rates in Florida
Florida mortgage rates are competitive and near national average. Compare current rates from Florida lenders. For first-time buyers, check out our complete first-time buyer guide.
Florida First-Time Buyer Programs
Florida offers excellent programs for first-time buyers. Learn more in our guide to asking the right lender questions to maximize your benefits.
Florida Housing Finance Agency Programs
Down payment assistance up to 5% with favorable terms. Income limits apply based on area median income.
Community Development Block Grants
Provides down payment and closing cost assistance for low-to-moderate income buyers in eligible areas.
County & City Programs
Miami-Dade, Hillsborough, Orange, and Duval counties offer additional local programs. Check your county for specific options.
County-by-County Analysis
| County | Median Price | Avg Rate | Market |
|---|---|---|---|
| Miami-Dade | $580,000 | 6.68% | Competitive |
| Hillsborough (Tampa) | $420,000 | 6.70% | Moderate |
| Orange (Orlando) | $380,000 | 6.72% | Favorable |
| Duval (Jacksonville) | $320,000 | 6.75% | Very Favorable |
Related Articles & Resources
Learn about closing costs and timelines to understand your total costs.
Avoid common first-time buyer mistakes that could cost you thousands.
Compare Florida rates with Texas to see your options.
Ready to Get a Florida Mortgage?
Compare rates from multiple Florida lenders and find the best program for your situation.
Compare Florida Lenders →The Bottom Line
Florida offers no state income tax, low property taxes, and excellent first-time buyer programs. With rates averaging 6.70%, now is a good time to buy. Compare lenders, explore state programs, and get pre-approved today.