As we reach the mid-point of 2011, mortgage interest rates are at about 4.5% on a conventional, 30-year loan, according to Freddie Mac, the national mortgage company.
To track mortgage rates, go to Freddie Mac.

Rates have been on a downward trend this year and have reached their lowest point since fall 2010, but how long it will be before they go back up depends on improvement in the economy.
As usually happens, the lower rates create higher home-buying interest, which leads to more activity in the housing market that helps spur an improving economy. So, it may be best to strike now while the iron is hot and start looking at Florida homes.
ICI Homes has ready-to-move in Florida homes that will allow you a quick buy to take advantage of the low rates. But if you want ICI to build your new home to your specifications, you may be able to lock in a low rate now and have it in place for when your custom home is completed.
While the rates are low, you need to shop around to make sure you get the best mortgage possible. Check out the Federal Deposit Insurance Corp. for tips on how to do just that.