1st Florida Mortgage

Rates Hit Their Lowest Level in Over a Year

According to Freddie Mac, the average 30-year fixed-rate mortgage rate dropped to 6.47% from 6.73% last week. Mortgage rates fell to their lowest level in over a year, which helped boost the housing market. In the past year, the average interest rate for a 30-year fixed-rate loan was 6.96%. In addition, the average 15-year fixed […]

Mortgage Rates Fall for Second Week in a Row

KEY TAKEAWAYS Average mortgage rates in Florida fell to their lowest level since mid-March this week. According to Freddie Mac, the average interest on a 30-year, fixed-rate loan is 6.77%, down 12 bps from last week. The mortgage rates in Florida have been trending down since early May, despite a couple of bumps here an […]

A Complete Guide On Getting a Mortgage for a Rental Property

A Complete Guide On Getting a Mortgage for a Rental Property (2)

Although buying rental property in Florida is an excellent way to generate another income stream, many people never get past the idea stage because they don’t know how to finance a rental property or are scared of getting rejected for a rental loan.

Types of FHA Loans: What You Need to Know

Types of Fha Loans What You Need to Know

FHA loans remain among the most popular loan types available to first-time home buyers and those with low to moderate incomes living in Florida. The program offers a range of low-cost financing options, making it desirable for many borrowers.

The Ultimate Guide to FHA Loans: Requirements, Loan Limits And Rates

Florida FHA

FHA loans are a mortgage product that the federal government backs. They allow buyers with less-than-perfect credit to purchase a home in Florida. According to a study conducted by the Federal Housing Administration, FHA loans have been helping more than half of all first-time homebuyers become homeowners. In this blog, our reliable Florida mortgage company […]

Why Do You Need to Refinance Your Mortgage?

Why Do You Need to Refinance Your Mortgage

The subject of refinancing your mortgage is always interesting as there are so many different options to choose from. But, before you enter into a refinancing agreement with a Florida mortgage company, you must consider the reasons why you are thinking about refinancing your loans in the first place. This article will provide a few […]

A Step-by-Step Guide to Getting a Mortgage

A Step-by-Step Guide to Getting a Mortgage

Everyone knows that a mortgage is a loan you take out to buy a home. What a lot of people don’t know is how to get one. The best place to start without wasting time is to work with a trusted Florida mortgage company to find a mortgage that fits your needs and budget. In […]

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