Howey In The Hills, Florida Mortgage Rates - October 2026
Brian McKay
Brian McKay
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Howey In The Hills, Florida mortgage rates from lenders serving Florida range from 5.50% to 7.88%, verified by MonitorBankRates as of October 14, 2026. Current 30-year fixed mortgage rates for Howey In The Hills, Florida borrowers from lenders serving Florida include Radiant Credit UnionRadiant Credit UnionA+5.0 ★Texas Ratio: 3.03% at 5.99%, Florida Central Credit UnionFlorida Central Credit UnionA+5.0 ★Texas Ratio: 5.46% at 5.85%, SUMA Federal Credit UnionSUMA Federal Credit UnionA5.0 ★Texas Ratio: 12.06% at 6.25%, Peoples Alliance Federal Credit UnionPeoples Alliance Federal Credit UnionA+5.0 ★Texas Ratio: 3.34% at 6.375%, and Partners Federal Credit UnionPartners Federal Credit UnionA+5.0 ★Texas Ratio: 4.65% at 6.482%. Mortgage rates as of October 14, 2026 according to verified data from MonitorBankRates.
Howey In The Hills borrowers can compare 145 mortgage rates from 33 lenders serving the Florida area, with mortgage rates as low as 5.99% from Radiant Credit Union. Use the tabs below to compare available loan types. Rates are continually updated, so we recommend checking back frequently.
Mortgage Rates reflect actual verified offers from lenders actively lending to Florida borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: October 14, 2026
Compare Mortgage Rates Today in Howey In The Hills, Florida & the Surrounding Area
Howey In The Hills 30 Year Fixed Mortgage Rates
As Low As; 80% loan-to-value; minimum 720 credit score; primary residence; applications received October 1-31, 2026 and closing within 90 days; purchase, one-time-close construction-to-permanent, and eligible refinance loans; membership eligibility required
As Low As; Second Home Mortgages
As Low As; Mortgage Rates
- Oct 14, 20265.99%▼ from 6.25%
- Oct 2, 20266.25%first recorded
Property: 1-4 Family Owner Occupied/Condominiums/Co-ops; Zero Points; Months: 359
No additional details available.
- Oct 12, 20266.43%▼ from 6.93%
- Sep 25, 20266.93%▲ from 6.43%
- Sep 14, 20266.43%first recorded
Partners best fixed rate on approved credit; rate comparison tool
Fixed Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $250,000 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
Loan Amount: $360,000; Down Payment: 20%; Primary and secondary residences; Minimum credit score 700
- Oct 1, 20266.80%▲ from 6.28%
- Sep 29, 20266.28%first recorded
Mortgage; Effective as of Oct 9, 2026; APR = Annual Percentage Rate
- Oct 12, 20266.88%▼ from 7.00%
- Oct 8, 20267.00%first recorded
Additional APR listed for this product: 7.625%. As Low As; Promotional card rate from homepage carousel
- Oct 12, 20267.13%▲ from 6.88%
- Sep 14, 20266.88%first recorded
As Low As; Lock in peace of mind for the long haul. A 30-year mortgage means lower monthly payments and lasting security.
- Oct 14, 20267.13%▼ from 7.25%
- Oct 1, 20267.25%▲ from 7.13%
- Sep 27, 20267.13%▲ from 7.00%
- Sep 22, 20267.00%▲ from 6.88%
Homepage featured mortgage rate; Purchase; You Don't Have to Pay Points on Your Mortgage
You Don't Have to Pay Points on Your Mortgage!
- Oct 1, 20267.19%▲ from 6.94%
- Sep 19, 20266.94%first recorded
As Low As
- Oct 12, 20267.21%▼ from 7.36%
- Oct 8, 20267.36%▲ from 7.09%
- Sep 25, 20267.09%first recorded
FL loans; APR is an estimate
- Oct 2, 20267.22%▲ from 6.84%
- Sep 14, 20266.84%first recorded
As Low As; Rate as low as 7.125%; APR assumes $300,000 loan amount and 0 points; excellent credit history required
- Oct 1, 20267.26%▲ from 7.13%
- Sep 22, 20267.13%▲ from 6.88%
- Sep 18, 20266.88%▲ from 6.75%
- Sep 14, 20266.75%first recorded
Max Loan: $832,750; Advertised rates assume 760 credit score, minimum $150,000 loan amount, owner-occupied single-family; Investment or tenant-occupied properties subject to additional 0.75%
- Oct 7, 20267.35%▲ from 7.22%
- Oct 1, 20267.22%▲ from 6.97%
- Sep 18, 20266.97%▲ from 6.60%
- Sep 15, 20266.60%first recorded
0 points
No additional details available.
- Oct 11, 20267.42%▼ from 7.67%
- Oct 7, 20267.67%▲ from 7.55%
- Oct 1, 20267.55%▲ from 7.30%
- Sep 24, 20267.30%▲ from 7.17%
As Low As; w/ 0.625 Points; Payment: 1,637.22
Rates Effective: 10.14.26
- Sep 27, 20267.47%▲ from 7.34%
- Sep 24, 20267.34%▲ from 7.22%
- Sep 18, 20267.22%▲ from 7.09%
- Sep 15, 20267.09%first recorded
Fixed Rate Loans; Rates as of 10/13/2026; APR based on 60-day rate lock, $300,000 loan amount, 70% LTV, 775 credit score
- Oct 14, 20267.51%▼ from 7.76%
- Oct 7, 20267.76%▲ from 7.63%
- Oct 1, 20267.63%first recorded
No additional details available.
- Oct 1, 20267.59%▲ from 6.96%
- Sep 24, 20266.96%first recorded
Refinance; Based on $300,000 loan amount; Rates include 0.125% autopay and paperless discount
- Oct 14, 20267.72%▲ from 7.34%
- Sep 15, 20267.34%first recorded
As Low As; Purchase; Rates are current as of 10/13/2026
- Oct 1, 20267.75%▼ from 7.80%
- Sep 27, 20267.80%▲ from 7.55%
- Sep 24, 20267.55%▲ from 7.42%
- Sep 18, 20267.42%first recorded
Rates Effective: 10.14.26
Conforming mortgage; rates shown for New York counties only
- Oct 14, 20267.90%▼ from 7.90%
- Sep 27, 20267.90%first recorded
Rates shown for New York counties only (Bronx, Kings, New York, Orange, Queens, Richmond, Rockland, Westchester, Nassau, Suffolk, Erie); assumes 80% LTV, 740 credit score, 60-day lock
As Low As; Refinance; Rates are current as of 10/13/2026
- Oct 1, 20267.93%▲ from 7.80%
- Sep 27, 20267.80%▲ from 7.55%
- Sep 24, 20267.55%▲ from 7.42%
- Sep 18, 20267.42%first recorded
HSBC Deluxe Mortgage rates; Jumbo mortgage; Rates shown for New York only
- Oct 14, 20267.94%▲ from 7.88%
- Oct 7, 20267.88%▲ from 7.20%
- Sep 18, 20267.20%first recorded
Jumbo mortgage; based on 65% LTV, credit score 740, 60-day lock; rates shown for New York only
- Oct 14, 20267.94%▼ from 7.96%
- Oct 7, 20267.96%first recorded
Howey In The Hills 15 Year Fixed Mortgage Rates
Property: 1-4 Family Owner Occupied/Condominiums/Co-ops; Zero Points; Months: 179
Loan to Value %: 80%
Fixed Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $250,000 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
As Low As; Second Home Mortgages
As Low As; Mortgage Rates
No additional details available.
- Oct 12, 20266.09%▼ from 6.72%
- Sep 25, 20266.72%▲ from 6.09%
- Sep 14, 20266.09%first recorded
Loan Amount: $360,000; Down Payment: 20%; Primary and secondary residences; Minimum credit score 700
- Oct 1, 20266.20%▲ from 5.68%
- Sep 29, 20265.68%first recorded
Mortgage; Effective as of Oct 9, 2026; APR = Annual Percentage Rate
Refinance Loan Options; Effective Date: 10/5/2026; This is a limited time offer; Footnote 2: limited time offer
- Oct 6, 20266.50%▲ from 6.38%
- Sep 18, 20266.38%▲ from 6.00%
- Sep 14, 20266.00%first recorded
As Low As; Get peace of mind with predictable monthly payments. Both traditional and short-term options available.
- Sep 27, 20266.50%▲ from 6.25%
- Sep 18, 20266.25%▲ from 6.13%
- Sep 14, 20266.13%first recorded
As Low As
- Oct 12, 20266.51%▼ from 6.64%
- Oct 8, 20266.64%▲ from 6.43%
- Sep 25, 20266.43%first recorded
As Low As; Rate as low as 6.375%; APR assumes $300,000 loan amount and 0 points; excellent credit history required
- Oct 1, 20266.58%▲ from 6.45%
- Sep 22, 20266.45%▲ from 6.33%
- Sep 18, 20266.33%▲ from 6.20%
- Sep 14, 20266.20%first recorded
Max Loan: $832,750; Advertised rates assume 760 credit score, minimum $150,000 loan amount, owner-occupied single-family; Investment or tenant-occupied properties subject to additional 0.75%
- Oct 1, 20266.67%▲ from 6.41%
- Sep 18, 20266.41%▲ from 6.15%
- Sep 15, 20266.15%first recorded
As Low As; w/ 0.875 Points; Payment: 2,090.66
FL loans; APR is an estimate
- Oct 13, 20266.90%▲ from 6.77%
- Oct 2, 20266.77%▲ from 6.52%
- Sep 17, 20266.52%▲ from 6.39%
- Sep 14, 20266.39%first recorded
Published rate range: 6.875%-7.875%. Member Business Loans; Non owner occupied 1-4 family; APR based on lowest rate
Refinance; Based on $300,000 loan amount; Rates include 0.125% autopay and paperless discount
Fixed Rate Loans; Rates as of 10/13/2026; APR based on 60-day rate lock, $300,000 loan amount, 70% LTV, 775 credit score
- Oct 14, 20267.08%▼ from 7.33%
- Oct 7, 20267.33%▼ from 7.46%
- Oct 1, 20267.46%first recorded
0 points
No additional details available.
- Oct 1, 20267.14%▲ from 6.51%
- Sep 24, 20266.51%first recorded
As Low As; Purchase; Rates are current as of 10/13/2026
- Oct 14, 20267.32%▲ from 7.28%
- Sep 27, 20267.28%▲ from 7.03%
- Sep 24, 20267.03%▲ from 6.90%
- Sep 18, 20266.90%first recorded
Conforming mortgage; rates shown for New York counties only
- Oct 14, 20267.50%▲ from 7.39%
- Sep 27, 20267.39%first recorded
Rates shown for New York counties only (Bronx, Kings, New York, Orange, Queens, Richmond, Rockland, Westchester, Nassau, Suffolk, Erie); assumes 80% LTV, 740 credit score, 60-day lock
As Low As; Refinance; Rates are current as of 10/13/2026
- Oct 14, 20267.53%▲ from 7.28%
- Sep 27, 20267.28%▲ from 7.03%
- Sep 24, 20267.03%▲ from 6.90%
- Sep 18, 20266.90%first recorded
Howey In The Hills 5/1 ARM Mortgage Rates
Loan to Value %: 80%
Loan to Value %: 80%
As Low As; Enjoy a low initial rate that adjusts with the market. Various terms and options available.
- Oct 14, 20266.00%▼ from 6.13%
- Oct 1, 20266.13%▲ from 5.63%
- Sep 18, 20265.63%▲ from 5.50%
- Sep 14, 20265.50%first recorded
No additional details available.
No additional details available.
Adjustable Rate Mortgage
- Oct 13, 20266.25%▼ from 7.03%
- Oct 2, 20267.03%first recorded
First 5 Years; Rate may adjust every year; Rate current as of 9/30/2026; Based on excellent credit profile (FICO 740); Lifetime rate cap of 6.00% above intro rate; Rate discounted 0.25% with Trustco Auto Pay Program; Lender paid PMI on loans over 89.5% LTV; No borrower paid PMI; No appraisal fee; No real estate tax escrow required
- Oct 3, 20266.45%▲ from 6.20%
- Sep 15, 20266.20%first recorded
Intro rate expires: 5 years; Rate adjusts based on the Secured Overnight Financing Rate (SOFR) published by the Federal Reserve. Special rate for in-house portfolio loan only. ARM rates subject to increase during the loan term.
- Oct 9, 20266.53%▲ from 6.40%
- Sep 18, 20266.40%first recorded
Property: 1-4 Family Owner Occupied/Condominiums/Co-ops; Zero Points; Months: 60; Adjustable rate: rate is variable and can increase by no more than 2 percentage points after the initial period and at each subsequent rate adjustment, with a lifetime maximum adjustment of 6%
Adjustable Rate Mortgage: 60 months fixed, then adjusts every six months; Max Loan: $832,750; Advertised rates assume 760 credit score, minimum $150,000 loan amount
Jumbo mortgage; based on 65% LTV, credit score 740, 60-day lock; rates shown for New York only
- Oct 14, 20266.83%▲ from 6.76%
- Oct 7, 20266.76%▲ from 6.75%
- Oct 1, 20266.75%first recorded
30-year loan; 60 payments of $3,284.64 at 6.875% (6.832% APR) then variable rate; based on $500,000 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
As Low As; Home Loans
FL loans; APR is an estimate
- Oct 13, 20266.96%▲ from 6.88%
- Oct 2, 20266.88%▲ from 6.76%
- Sep 17, 20266.76%▼ from 6.86%
- Sep 14, 20266.86%first recorded
As Low As; Adjustable Rate Mortgage (ARM); Mortgages
- Oct 13, 20267.24%▲ from 6.75%
- Oct 1, 20266.75%▲ from 6.50%
- Sep 18, 20266.50%first recorded
As Low As; Adjustable Rate Mortgage (ARM); Mortgages
- Oct 13, 20267.28%▲ from 6.75%
- Oct 1, 20266.75%▲ from 6.50%
- Sep 18, 20266.50%first recorded
Howey In The Hills 30-Year Jumbo Mortgage Rates
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $850,000; Example
Jumbo Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $832,750 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
Jumbo Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $832,750 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
Section: HERO Home Loan
Adjustable-rate mortgage loan; Rates as of Oct 13, 2026 ET
- Oct 6, 20266.87%▲ from 6.77%
- Sep 30, 20266.77%first recorded
Section: HERO Home Loan
No additional details available.
No additional details available.
- Oct 14, 20266.90%▲ from 6.88%
- Oct 1, 20266.88%first recorded
Jumbo mortgage adjustable rate mortgage; 65% LTV, credit score 740, 15 days prepaid interest, 60-day lock; rates shown for New York only
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.02%▲ from 7.00%
- Oct 1, 20267.00%▲ from 6.75%
- Sep 14, 20266.75%first recorded
As Low As; Jumbo Fixed Rate
$832,750; Fixed Rate Loans; Rates as of 10/13/2026; APR based on 60-day rate lock with 0.875 points, $850,000 loan amount
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
Jumbo mortgage adjustable rate mortgage; 65% LTV, credit score 740, 15 days prepaid interest, 60-day lock; rates shown for New York only
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.08%▲ from 7.00%
- Oct 1, 20267.00%▲ from 6.75%
- Sep 14, 20266.75%first recorded
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
As Low As; Finance higher-priced homes without a large down payment or multiple mortgages.
- Oct 1, 20267.13%▲ from 6.88%
- Sep 18, 20266.88%▲ from 6.63%
- Sep 14, 20266.63%first recorded
As Low As; Jumbo Fixed Rate
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $850,000; Example
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $850,000; Example
Loan amount $940,000; down payment of at least 25%
Loan amount $940,000 with at least 25% equity; 30-year term
As Low As; Jumbo Fixed Rate
Loan amount $940,000; down payment of at least 25%
Loan amount $940,000 with at least 25% equity; 30-year term
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.35%▲ from 7.25%
- Oct 1, 20267.25%▲ from 7.00%
- Sep 14, 20267.00%first recorded
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
As Low As; Jumbo Fixed Rate
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.42%▲ from 7.25%
- Oct 1, 20267.25%▲ from 7.00%
- Sep 14, 20267.00%first recorded
Advertised rate: single-family primary residence, 720 FICO, 20% down; Rates as of Oct 13, 2026 ET
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
FL loans; APR is an estimate
- Oct 2, 20267.48%▲ from 7.10%
- Sep 14, 20267.10%first recorded
Rate and APR shown as 'As Low As'; Example Loan Amount: $850,000; Example
Loan amount $940,000; down payment of at least 25%
Jumbo
Loan amount $940,000; down payment of at least 25%
Loan amount $940,000 with at least 25% equity
Loan amount $940,000 with at least 25% equity
Rates Effective: 10.14.26
- Oct 7, 20267.78%▲ from 7.65%
- Oct 2, 20267.65%▲ from 7.53%
- Sep 18, 20267.53%▲ from 7.15%
- Sep 15, 20267.15%first recorded
Jumbo mortgage; 65% LTV, credit score 740, 15 days prepaid interest, 60-day lock; rates shown for New York only
Howey In The Hills 15-Year Jumbo Mortgage Rates
Jumbo Rate; 0.50 percentage point promotional discount included; requires FAIRWINDS checking with recurring direct deposit of at least $500 or automatic mortgage payments; based on $832,750 loan, 780 credit score, 80% LTV, 45-day rate lock; last updated 10/13/2026
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $850,000; Example
As Low As; Jumbo Fixed Rate
Rate and APR shown as 'As Low As'; Example Loan Amount: $850,000; Example
As Low As; Jumbo Fixed Rate
No additional details available.
- Oct 14, 20266.97%▲ from 6.21%
- Sep 14, 20266.21%first recorded
No additional details available.
- Oct 14, 20266.97%▲ from 6.59%
- Sep 22, 20266.59%▲ from 6.21%
- Sep 14, 20266.21%first recorded
Advertised rate: single-family primary residence, 720 FICO, 20% down; Rates as of Oct 13, 2026 ET
Jumbo
- Oct 13, 20267.23%▲ from 6.83%
- Sep 14, 20266.83%first recorded
Loan amount $940,000; down payment of at least 25%
Loan amount $940,000 with at least 25% equity
Howey In The Hills 5/1 Jumbo ARM Mortgage Rates
No additional details available.
No additional details available.
Adjustable-rate mortgage loan; Rates as of Oct 13, 2026 ET
- Oct 6, 20266.83%▲ from 6.75%
- Sep 30, 20266.75%first recorded
Jumbo mortgage adjustable rate mortgage; 65% LTV, credit score 740, 15 days prepaid interest, 60-day lock; rates shown for New York only
Loan amount $940,000; down payment of at least 25%
Loan amount $940,000 with at least 25% equity; 30-year term
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.21%▲ from 6.75%
- Oct 1, 20266.75%▲ from 6.50%
- Sep 14, 20266.50%first recorded
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
As Low As; Jumbo Adjustable Rate (ARM); Stated APR includes .50% Full Direct Deposit discount
- Oct 9, 20267.25%▲ from 6.75%
- Oct 1, 20266.75%▲ from 6.50%
- Sep 14, 20266.50%first recorded
Section: Adjustable Rate Mortgage (ARM) (As low as Rates)
Howey In The Hills FHA Loan Rates
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $300,000; Example
As Low As; Effective Date: September 30, 2026; Example Loan Amount: $300,000; Example
Rates Effective: 10.14.26
Loan amount $270,019; down payment of at least 3.5%
Loan amount $270,019 with at least 3.5% equity; assumes FICO 680+
Howey In The Hills VA Loan Rates
Rate "As Low As"; APR "As Low As"; Example Loan Amount: $300,000; Example; Effective Date: September 30, 2026
Rates as of Oct 13, 2026 ET. Rates subject to change.
Rates as of Oct 13, 2026 ET. Rates subject to change.
Rate "As Low As"; APR "As Low As"; Example Loan Amount: $300,000; Example; Effective Date: September 30, 2026
Rates Effective: 10.14.26
- Sep 27, 20267.47%▲ from 7.34%
- Sep 24, 20267.34%▲ from 7.22%
- Sep 18, 20267.22%▲ from 7.09%
- Sep 15, 20267.09%first recorded
Loan amount $383,625; no down payment
As Low As; Government Fixed Rate
As Low As; Government Fixed Rate
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
Howey In The Hills, FL Mortgage Rate Trends
Compare local Howey In The Hills, FL mortgage rate quotes against the statewide average
Daily mortgage rate averages tracked across our database of verified mortgage rate quotes, updated every evening.
Florida 30-year fixed rates fell 0.067 points over the past 7 days to 7.239%.
Florida 15-year fixed rates fell 0.030 points over the past 7 days to 6.700%.
Florida Mortgage Rate Forecast, Next 12 Months
Where are Florida mortgage rates headed through October 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. Not financial advice.
What Forecast Rates Mean for Howey In The Hills, FL Home Buyers
Monthly principal & interest payment on Howey In The Hills, FL median home of $303,400 (20% down, 30-year fixed, city-level Census ACS median)
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (FL avg) | 7.239% | $1,654 | 26.6% | |
| 6-Month Forecast | 7.239% (6.89, 7.54%) | $1,654 | +$0/mo | 26.6% |
| 12-Month Forecast | 7.489% (7.14, 7.79%) | $1,695 | +$41/mo | 27.3% |
Income column = annual mortgage payment as % of Howey In The Hills, FL median household income ($74,568). Above 30% is generally considered cost-burdened.
MonitorBankRates Housing Affordability Index (MBR-HAI)
A daily-updated affordability score for Howey In The Hills, Florida , computed from local Census Bureau data combined with current Florida mortgage rates. Based on Florida statewide data for this location.
What This Score Means for Howey In The Hills, Florida Home Buyers
With a score of 95.5, Howey In The Hills, Florida is 1.6 points less affordable than the national average of 97.1. The area’s median home value of $359,000 against a median household income of $74,568 produces a price-to-income ratio of 4.8x , modestly above the national norm. At the current Florida mortgage rate of 7.239%, a buyer purchasing the median-priced home with 20% down would carry a monthly payment of approximately $1,957 in principal and interest.
Beyond the mortgage payment, the median total monthly owner cost in this area is $1,346, covering mortgage, property taxes, insurance, and utilities. Property taxes alone average $249/month ($2,993/year). These ongoing costs factor directly into the MBR-HAI alongside the mortgage rate and income data.
Score computed from Florida statewide U.S. Census Bureau ACS 5-Year Estimates (2024) and CPS/HVS Q4 2025 data, combined with the current Florida live mortgage rate. Score of 100 = national average at 6.5% reference rate. Full methodology
How Mortgage Rates Impact Home Affordability in Howey In The Hills, Florida
Howey In The Hills, Florida Housing Market Overview
City-level home value data is not available for Howey In The Hills ; figures below reflect Florida statewide data.
The Florida statewide median owner-occupied home value is approximately $359,000, according to the U.S. Census Bureau. The 2026 FHFA conforming loan limit for this area is $832,750, meaning most buyers financing at 80% LTV will qualify for conforming loan pricing, making rate comparison across local lenders especially valuable.
Howey In The Hills, Florida Homeownership Rate
The homeownership rate in Howey In The Hills, Florida stands at 65.4%, near the national average of 65.7%. The homeowner vacancy rate is 2.1%.
Monthly Payment Estimates for Howey In The Hills, Florida Buyers
Even a small difference in your interest rate can add up to tens of thousands of dollars over the life of a loan. The table below shows monthly principal and interest payments on a $400,000 mortgage.
| Interest Rate | Loan Term | Monthly Payment | Total Interest Paid |
|---|---|---|---|
| 6.739% | 30-year fixed | $2,591 | $532,929 |
| 7.239% Current Avg | 30-year fixed | $2,726 | $581,260 |
| 7.739% | 30-year fixed | $2,863 | $630,539 |
| 6.700% | 15-year fixed | $3,529 | $235,141 |
A 0.500% rate increase on a $400,000 loan adds roughly $137 per month and over $49,280 in total interest over a 30-year term. That’s why comparing verified, current rates from multiple lenders, using the rate table above, is one of the most impactful financial decisions a Howey In The Hills, Florida buyer can make.
Data sources: U.S. Census Bureau; Federal Housing Finance Agency (FHFA). Monthly payments shown are principal & interest only; taxes, insurance, and PMI not included.
Howey In The Hills, Florida Income & Housing Affordability
City-level Census data is not available for Howey In The Hills ; figures below reflect Florida statewide data.
At a price-to-income ratio of 4.8x, Florida is a relatively affordable housing market compared to national averages. That ratio, median home value divided by median household income, is a standard benchmark used by housing economists to gauge how accessible homeownership is relative to local earnings. The national baseline is approximately 3.8x.
What This Means for Florida Buyers
With a median household income of $74,568 per year in Florida statewide ($6,214/month) and a median home value of approximately $359,000, a buyer financing at 80% LTV at the current average rate would commit roughly 43.9% of gross monthly income to principal and interest alone. That exceeds the 43% debt-to-income ceiling most conventional lenders use as their maximum qualification threshold, meaning many buyers must bring a larger down payment, add a co-borrower, or target lower price points to qualify.
Data sources: U.S. Census Bureau. Monthly payment estimate assumes 80% LTV at current average rate; principal and interest only.
Full Cost of Homeownership in Howey In The Hills, Florida
A mortgage payment is just the starting point. Property taxes, insurance, and utilities add hundreds of dollars per month to the true cost of owning a home in Howey In The Hills, Florida. Understanding the full picture before you buy is the difference between a home you can afford and one that stretches you thin.
Owner vs. Renter Costs
In Howey In The Hills, Florida, the median homeowner with a mortgage pays approximately $1,346/month in total housing costs, covering the mortgage payment, property taxes, insurance, and utilities. The median renter pays $1,669/month including utilities. In this market, owning costs less per month than renting, a compelling financial case for buyers who can qualify for financing. Property taxes alone account for $249/month of the ownership cost, a figure that can vary dramatically by location and is often underestimated by first-time buyers.
Housing Cost Burden
The federal standard defines “cost burdened” as spending more than 30% of gross household income on housing. “Severely cost burdened” means spending 50% or more. Both thresholds leave little room for savings, emergencies, or other financial goals.
In Howey In The Hills, Florida, 35% of homeowners with mortgages are cost burdened and 58.1% of renters are cost burdened. Renters face significantly higher burden rates than owners, a pattern that often reflects lower renter incomes rather than lower rental costs, and one that can make the path from renting to owning financially difficult even when mortgage payments might be affordable. With an owner burden rate of 35% near the national average of 28.0%, this market reflects typical affordability conditions for mortgage holders.
Data sources: U.S. Census Bureau, American Community Survey 5-Year Estimates. Monthly owner costs include mortgage payment, taxes, insurance, and utilities. Property taxes reflect median annual taxes for mortgage holders. Rent reflects median gross rent including utilities. Cost burden figures reflect households spending 30%+ of gross income on housing.
Howey In The Hills, Florida Mortgage Payment Calculator
See your estimated monthly principal & interest payment at today’s Howey In The Hills, Florida rates. The home price is prefilled with the local median home value. Adjust anything, or click a current rate on the right to apply that loan type’s rate and term instantly.
Principal & interest only, excludes property taxes, homeowners insurance, PMI, and HOA dues. See the Full Cost of Homeownership section above for those figures. Estimates are for informational purposes only.
Run the Numbers on Your Howey In The Hills, Florida Home Loan
Rates are only part of the equation. Use these calculators to translate current Howey In The Hills, Florida mortgage rates and home loan rates into real numbers for your specific situation before you request quotes from mortgage lenders.
Enter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current Howey In The Hills, Florida rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateIf you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point, the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateBuying isn’t always the better financial decision, and renting isn’t always throwing money away. This calculator weighs the full cost of each path: mortgage payments, taxes, insurance, and maintenance against rent increases and the opportunity cost of a down payment, to show which option builds more wealth over your intended time horizon in Howey In The Hills, Florida.
CalculateTypes of Mortgages Available in Howey In The Hills, Florida
Not every loan program is right for every buyer in Howey In The Hills, Florida. Rates, down payment requirements, eligibility rules, and long-term costs vary significantly across products, and the right choice depends on your credit profile, how long you plan to stay, and whether you qualify for any government-backed programs.
Fixed-Rate Mortgage
A fixed-rate mortgage locks your interest rate in for the entire loan term. Your principal and interest payment on day one is identical to payment 360. That predictability is valuable for long-term financial planning, especially in markets where housing costs represent a large share of household income.
Available in 10-, 15-, 20-, and 30-year terms. The 30-year minimizes monthly payments; the 15-year cuts total interest paid dramatically but requires a higher monthly commitment. The payment comparison table above shows exactly how those trade-offs look at today’s Howey In The Hills, Florida rate levels.
Adjustable-Rate Mortgage (ARM)
An ARM offers a fixed introductory rate for an initial period, commonly 5, 7, or 10 years, after which the rate adjusts periodically based on a market index. The starting rate is typically lower than a comparable fixed-rate loan, which reduces your monthly payment during the initial window.
ARMs work best when you have a defined exit timeline: if you plan to sell or refinance before the fixed period ends, you capture the lower rate without exposure to future adjustments. Rate caps govern how much the rate can move at each adjustment and in total, so read those terms closely before committing.
FHA Loan
Backed by the Federal Housing Administration, FHA loans are built for buyers who don’t yet meet conventional loan standards. You can qualify with a credit score of 580 and just 3.5% down, and some lenders will consider scores as low as 500 with a 10% down payment.
The cost of that lower barrier is mortgage insurance. FHA loans carry an upfront MIP of 1.75% of the loan amount (which can be rolled in) plus an annual MIP of 0.15% to 0.75% depending on your term and LTV. For buyers who would otherwise wait years to save a larger down payment, given ongoing home price trends in Howey In The Hills, Florida, FHA is often the faster path to ownership.
VA Loan
Available to eligible active-duty service members, veterans, reservists, National Guard members, and qualifying surviving spouses, VA loans are among the most favorable mortgage programs available anywhere. No down payment is required, there is no monthly mortgage insurance, and rates are generally competitive with, and often better than, conventional loan rates.
A one-time funding fee applies, 2.15% of the loan for first-time VA borrowers with no down payment, which can be financed into the loan. In Howey In The Hills, Florida, where home prices require substantial savings for a conventional down payment, the zero-down VA benefit is an enormous advantage for those who qualify.
Jumbo Loan
The 2026 FHFA conforming loan limit for Howey In The Hills, Florida is $832,750. Mortgages above that amount are classified as jumbo loans and are not eligible for purchase by Fannie Mae or Freddie Mac, which means lenders carry the full risk and price that risk accordingly.
Jumbo underwriting is stricter: lenders typically require a credit score of 700 or higher, substantial cash reserves, thorough income documentation, and a down payment of at least 10 to 20%. Rates may run slightly above conforming levels, though the gap narrows in competitive lending environments.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Howey In The Hills, Florida mortgage rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates for Howey In The Hills, Florida directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in Howey In The Hills, Florida. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in FL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
How a Mortgage Works in Howey In The Hills, Florida
A mortgage is a loan used to buy a home in Howey In The Hills, Florida, secured by the property itself as collateral. The borrower repays the amount over a set term, most commonly 30 or 15 years, in monthly installments that cover both principal and interest. Because the loan is secured, the lender can foreclose on the home if payments are not made, which is part of why mortgage rates are lower than rates on unsecured debt.
Fixed-Rate vs. Adjustable-Rate Mortgages for Howey In The Hills, Florida Buyers
A fixed-rate mortgage keeps the same interest rate for the entire term, so a Howey In The Hills, Florida homeowner’s principal-and-interest payment never changes. For example, Radiant Credit Union is listing a 30-Year Fixed-Rate First Mortgage at 5.99%. An adjustable-rate mortgage (ARM) starts with a fixed period, often five, seven, or ten years, and then adjusts periodically based on a market index. ARMs usually open with a lower rate, but the payment can rise once the fixed period ends, so they tend to suit Howey In The Hills, Florida borrowers who expect to move or refinance before that point. On the adjustable-rate side, Alabama Credit Union is listing a 5/1 ARM, First Mortgage at 5.50%.
How Howey In The Hills, Florida Mortgage Rates Are Set
Mortgage rates move with the broader bond market, particularly the yield on the 10-year Treasury, plus a spread that reflects lender costs and risk. On top of that national baseline, the rate a Florida borrower is offered depends on individual factors: credit score, down payment size, loan amount, loan type, and the property itself. This is why the advertised rates above are a starting point, and a borrower’s final rate is set once an application is underwritten.
Points and Closing Costs in Howey In The Hills, Florida
The interest rate is not the only cost of buying a home in Howey In The Hills, Florida. Discount points are an optional upfront fee (one point equals one percent of the loan amount) paid to lower the rate over the life of the loan. Closing costs cover items such as origination fees, appraisal, title insurance, and recording, and typically run two to five percent of the loan. Comparing the annual percentage rate (APR) alongside the note rate helps Howey In The Hills, Florida shoppers account for these costs when weighing lenders.
When Howey In The Hills, Florida Homeowners Should Consider Refinancing
Refinancing replaces an existing mortgage with a new one, usually to secure a lower rate, change the term, or tap home equity. For Howey In The Hills, Florida homeowners, the general guideline is that refinancing makes sense when the savings from a lower rate recoup the closing costs within the time the borrower plans to stay in the home, known as the break-even point. Borrowers also refinance to switch from an adjustable rate to a fixed rate, or to remove mortgage insurance once enough equity has built up. Current Howey In The Hills, Florida refinance rates from local lenders are listed on our refinance page.
Frequently Asked Questions about Mortgage Rates in Howey In The Hills, Florida
What are home loan rates in Howey In The Hills, FL today?
How does my credit score affect my rate in Florida?
What is a 30-Year Fixed Mortgage?
What are closing costs in Florida?
Should I lock my mortgage rate?
What is an Adjustable-Rate Mortgage (ARM)?
What is a Jumbo Loan in Howey In The Hills, Florida?
Do I need 20% down to buy a house in Florida?
What is the difference between Interest Rate and APR?
How do I compare mortgage lenders in Howey In The Hills, Florida?
How do I get mortgage quotes in Howey In The Hills, Florida?
What is the homeownership rate in Howey In The Hills, Florida?
What is the conforming loan limit in Howey In The Hills, Florida?
What is the median monthly cost of homeownership in Howey In The Hills, Florida?
What are the median property taxes in Howey In The Hills, Florida?
What is the median rent in Howey In The Hills, Florida?
What percentage of homeowners are cost burdened in Howey In The Hills, Florida?
What percentage of renters are cost burdened in Howey In The Hills, Florida?
What are the best Mortgage rates in Howey In The Hills, Florida?
- Radiant Credit Union: 5.99% (30-Year Fixed-Rate First Mortgage)
- Florida Central Credit Union: 5.85% (Second Home Mortgage - 30 Year Fixed)
- SUMA Federal Credit Union: 6.25% (30 Year Fixed Mortgage)
- Peoples Alliance Federal Credit Union: 6.375% (30 Year Fixed Mortgage)
- Partners Federal Credit Union: 6.482% (30 Yr Fixed)
Howey In The Hills, Florida Rates & Resources
