Mortgage Rates Tick Up for Second Week

Mortgage Rates Tick Up for Second Week

By Matt Ott The rate on 30-year mortgages rose this week to 6.34% from 6.3% last week, while the 15-year rate rose to 5.55% from 5.49% the previous week WASHINGTON — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string...
Good Neighbors Top Priority for Buyers

Good Neighbors Top Priority for Buyers

A quarter of homeowners (25%) have shelled out at least $1,000 dealing with bad neighbors, so good neighbors are a top priority for buyers. ST. LOUIS — Having good neighbors matters as much as price or location when buying a home for 82% of Americans, according to a...
Lock-In Effect Shows Early Signs of Easing

Lock-In Effect Shows Early Signs of Easing

By Andrew Dorn Nearly 1 in 5 homeowners now have 6%+ mortgages, the highest in a decade. Only 53% have rates below 4%, down from 65% in early 2022. NEW YORK — The days of 3% mortgages are gone, and 6% loans are steadily becoming the norm. Nearly 1 in 5 U.S. homeowners...
Buyers Could Face Delays During Shutdown

Buyers Could Face Delays During Shutdown

By Amy Connolly The National Flood Insurance Program expired, freezing new policies and potentially delaying mortgages, home sales, and housing programs, especially in Florida. WASHINGTON — Authorization for the largest residential flood insurance program in the...
Florida Consumer Confidence Weakens

Florida Consumer Confidence Weakens

By Oriana Diaz Consumer sentiment in Florida dipped in September for the third month but remains well above the lowest levels observed in 2022. GAINESVILLE, Fla. — Consumer sentiment in Florida declined for the third consecutive month in September, falling 1.5 points...