Florida Real Estate Mortgage Refinance Rates Drop

Rates on 30-year mortgages dropped slightly and remain just above record lows.

Mortgage finance giant Freddie Mac said this past week that average rates on 30-year fixed-rate mortgages fell to 4.82 percent this week, down from an average of 4.87 percent last week.  According the the Florida Association of Realtors, the all-time low of 4.78 percent was recorded on the week of April 2. Freddie Mac’s survey dates back to 1971.