Florida Mortgage Rates
Rates are national; costs are local. These pages cover what changes the math for Florida borrowers: state taxes on the note and mortgage, wind and flood insurance, condominium approval and county loan limits.
National average mortgage rates this week
Week of August 20, 2026Source: Freddie Mac Primary Mortgage Market Survey via FRED, updated August 20, 2026. National average survey rates, not an offer. Your rate will depend on credit score, loan-to-value, loan type, property and occupancy. Rates could change or not be available at commitment or closing. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
What is different about financing a home in Florida
Florida charges documentary stamp tax of $0.35 per $100 (0.35%) on the promissory note and intangible tax of $0.002 per dollar (0.2%) on the mortgage, in addition to the deed stamp tax of 0.7% typically paid by the seller. These state taxes apply to purchases and refinances and should be included in any break-even calculation.
Homeowners insurance is the second major difference. Wind coverage near the coast, flood insurance in FEMA special flood hazard areas and rising premiums statewide all count toward the debt-to-income ratio, and a policy must be bound before closing. Roof age, four-point inspections and wind mitigation reports directly affect both insurability and cost.
Florida's condominium market carries its own rules after the 2021 Surfside collapse: milestone structural inspections, structural integrity reserve studies and stricter reserve funding. Lenders review association documents closely, and a number of older coastal buildings are currently ineligible for agency financing pending repairs.
Loan limits: the 2026 FHFA conforming limit (one-unit) is $832,750 in every Florida county except Monroe. The 2026 FHA floor is $541,287, and FHA limits vary by county; each metro page lists the 2026 FHA limit (one-unit) for its counties.
Florida Housing's Hometown Heroes program, when funded, offers down payment and closing-cost assistance to eligible workers; availability and income limits change, so check floridahousing.org or ask us for the current status.
Florida metros
Frequently asked questions
Are mortgage rates different in Florida?
The underlying rate is national, but Florida borrowers often see slightly different all-in costs because of state documentary stamp and intangible taxes, higher homeowners and flood insurance, and condo project review requirements that can affect program eligibility.
What are Florida doc stamps and intangible tax?
Florida charges documentary stamp tax of $0.35 per $100 (0.35%) on the promissory note and intangible tax of $0.002 per dollar (0.2%) on the mortgage, in addition to the deed stamp tax of 0.7% typically paid by the seller. These state taxes apply to purchases and refinances and should be included in any break-even calculation.
What is the 2026 conforming loan limit in Florida?
Every Florida county except Monroe uses the 2026 FHFA baseline of $832,750 for a one-unit home; Monroe County (the Keys) has a higher limit of $986,300. FHA limits vary by county and are listed on each metro page.
What is the Hometown Heroes program?
Florida Housing's Hometown Heroes program, when funded, offers down payment and closing-cost assistance to eligible workers; availability and income limits change, so check floridahousing.org or ask us for the current status.