Shutdown Could Disrupt NFIP, Real Estate Deals

Shutdown Could Disrupt NFIP, Real Estate Deals

By Amy Connolly A government shutdown may pause NFIP renewals, FHA loans and other real estate activity. NAR called on Congress to prevent the disruption. WASHINGTON – The potential partial government shutdown would impact the Federal Housing Administration (FHA),...
Fla.’s Nov. Housing: New Listings, Inventory Up

Fla.’s Nov. Housing: New Listings, Inventory Up

By Marla Martin Florida Realtors Chief Economist: Nov. saw a post-hurricane rebound for new listings and new pending sales. New listings up 7.2% for single-family; condos, up 5.4%. ORLANDO, Fla. — In November, Florida’s housing market had more new listings and higher...
Mortgage Rates Rise, 30-Year Reaches November High

Mortgage Rates Rise, 30-Year Reaches November High

By Alex Veiga The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to 5.92% from 5.84% last week. WASHINGTON — The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since...
Florida Realtors’ Tim Weisheyer on Leadership

Florida Realtors’ Tim Weisheyer on Leadership

Incoming Florida Realtors President Weisheyer said his career has been shaped by a focus on making a positive impact, among other key leadership principles. Tim Weisheyer 2025 Photo ORLANDO, Fla. — Tim Weisheyer, 2025 Florida Realtors® president and CEO of Dream...
Federal Reserve Cuts Rate by Quarter-Point

Federal Reserve Cuts Rate by Quarter-Point

By Christopher Rugaber The Fed cut rates for the third time in 2024 but signaled slower reductions ahead, citing persistent inflation and economic uncertainties. WASHINGTON — The Federal Reserve cut its key interest rate Wednesday by a quarter-point – its third cut...