by Editor | Dec 20, 2024 | General News
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),...
by Editor | Dec 19, 2024 | General News
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...
by Editor | Dec 19, 2024 | General News
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...
by Editor | Dec 19, 2024 | General News
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...
by Editor | Dec 18, 2024 | General News
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...
by Editor | Dec 18, 2024 | General News
By Joel Maxson Test your knowledge and learn more about the Florida Realtors/Florida Bar (“FR/BAR”) contract with this short quiz. ORLANDO, Fla. – Here’s a short quiz to test your contract knowledge. Following are a few common questions we get about the FR/BAR...