Long-Term Mortgage Rates Eased Down

Long-Term Mortgage Rates Eased Down

By Matt Ott Freddie Mac: The average 30-year fixed rate mortgage slipped to 6.31% from 6.33% previously, declining for the fifth straight week. It was 3.12% a year ago. WASHINGTON (AP) – The average long-term U.S. mortgage rate declined for the fifth straight week,...
Recession Fears Grow as Fed Continues Rate Hikes

Recession Fears Grow as Fed Continues Rate Hikes

By Paul Wiseman and Stan Choe Inflation may be slowly easing, but Wall Street is spooked by Fed policymakers’ signal it will raise their key rate to a 5%-5.25% range in 2023 – and keep it there. WASHINGTON (AP) – After scaling 40-year highs, inflation in the United...
Home Price Affordability Is Shifting – Where?

Home Price Affordability Is Shifting – Where?

By Dan Weil With affordability a current driver for both housing demand and supply, some analysts expect Midwest housing markets to draw buyers’ attention in 2023. CONYERS, Ga. – Single-family home and condo prices peaked in May. Buyers are looking for bargains after...
Fla. Legislature and Property Ins.: What Changed?

Fla. Legislature and Property Ins.: What Changed?

By Tom Butler Lawmakers finalized three bills that, among other things, eliminate one-way attorney fees, nix assignment-of-benefit options and further depopulate Citizens Ins. TALLAHASSEE, Fla. – The Florida Legislature wrapped up their special session on Wednesday...