Insurance Claims Handling Leads to Fines

Insurance Claims Handling Leads to Fines

State regulators finalized agreements requiring 3 more property insurers to pay fines because of violating claims-handling laws after Hurricanes Ian and Idalia. TALLAHASSEE, Fla. — State regulators have finalized agreements requiring additional property insurers to...
Home Trashed as Owner Struggled to Evict Tenant

Home Trashed as Owner Struggled to Evict Tenant

Compassion for a homeless family turned into a months-long legal battle over eviction that left a Florida property owner with a damaged home and strained finances. BOSTWICK, Fla. — What began as an act of compassion for a homeless family turned into a months-long...
Florida Consumer Sentiment at Three-Year High

Florida Consumer Sentiment at Three-Year High

The latest confidence index from UF found Floridians are feeling more optimistic about their personal finances and about the economy in the next year. GAINESVILLE, Fla. — Consumer sentiment among Floridians rose for the third consecutive month in August, reaching its...
Mortgage Rates Fall on Fed Cut Speculation

Mortgage Rates Fall on Fed Cut Speculation

By Kate Wood The average 30-year mortgage rate dipped to the lowest rate in months as markets increasingly expect a Federal Reserve rate cut in September. NEW YORK — Mortgage rates moved a little lower this week, resuming the downward trend we’ve seen as summer...
NAHB: Single-Family Construction Down in 2Q

NAHB: Single-Family Construction Down in 2Q

Most regions posted declines, with the largest drop – 3.8% – in large metros, where multifamily output also fell. But most other markets saw multifamily growth. WASHINGTON — In a sign of a soft housing market, single-family construction posted declines in...