Home >> Home Equity >> Florida

Florida (FL) Growth and Innovative Refinance Loans

Although Florida has benefited economically from increases in overall job growth, tourism is still the driving force in this state's economy with help from the space and agricultural industries. With an estimated 57 billion people visiting each year, it is no surprise that approximately 1,000 people move to Florida each day.

Florida home mortgages have remained strong and have bolstered the real estate market. Experts say that creative home loans have encouraged consumers to purchase homes, refinance, or even consider building. Combination home loans, which are comprised of two mortgages with smaller interest rates, help consumers avoid a jumbo loan with higher rates. Those interested in building a home can take advantage of construction/permanent loans, which combine two loans and allow for one closing.



Select Your Florida City

Loading the latest rates from Freddie Mac's Primary Mortgage Market Survey®

Loading Icon