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Are mortgage rates really still around 7%? Not for everyone! In this video, I break down how buyers in Florida are locking in rates in the 5% range and even the 4s using strategies like temporary and permanent rate buydowns, adjustable-rate mortgages (ARMs), and builder or lender incentives. I go through the pros and cons of each approach so you can decide what’s best for your situation. Whether you’re a first-time homebuyer or upgrading in Florida, understanding these options can save you thousands and help you navigate today’s real estate market. ⏱ Timestamps: 0:00 – Intro: How buyers are getting rates in the 5s 0:45 – Temporary Rate Buydowns: Pros & Cons 2:00 – Permanent Rate Buydowns: Pros & Cons 3:00 – Adjustable-Rate Mortgages (ARMs): Pros & Cons 4:00 – Builder & Lender Incentives: How to qualify 5:00 – Wrap-Up & How to Choose the Right Strategy 💡 If you’re buying a home in Ocala, Orlando, Tampa, or anywhere in Florida, this video will help you: Understand current mortgage rates Explore creative ways to lower your interest rate Compare short-term vs long-term options Navigate builder and lender programs 📩 Ready to find your dream home in Florida? Contact me today to connect with trusted lenders and learn which mortgage strategy works best for you! ✅ Don’t forget to like, comment, and subscribe for more real estate tips, mortgage updates, and Florida housing market insights. Jordan Warren Ocala Florida Living 270-274-1170 Jordan.Warren@kw.com