South Florida home and condo buyers who borrow money are charged some of the highest mortgage rates in the country. The median mortgage rate was just a hair below 7% last year, according to a research from real estate and construction data firm Construction Coverage. “It’s no surprise to me to see us at the higher interest rate bracket,” said Orlando Diaz,  president of Florida Association of Mortgage Professionals.

Source: A mortgage in Miami is more expensive than any other place | Brickell Featured#