by Editor | Dec 12, 2024 | General News
By Alex Veiga The average rate on 30-year mortgages fell from 6.69% last week to 6.6%, the lowest level since Oct. 24. The rate on 15-year fixed-rate mortgages fell to 5.84%. NEW YORK — The average rate on a 30-year mortgage in the U.S. eased for the third week in a...
by Editor | Dec 12, 2024 | General News
By Jennifer Warner Florida starter home prices have jumped since 2018, with rising rates and investor competition making it more difficult for first-time buyers. ORLANDO, Fla. — The deck is stacked against typical Floridians trying to get into their first home in...
by Editor | Dec 12, 2024 | General News
Redfin found that more buyers are in the market because they have accepted mortgage rates will remain above 6% for the foreseeable future, among other reasons. SEATTLE — Home tours, mortgage applications and pending sales are rising as mortgage rates decline from the...
by Editor | Dec 11, 2024 | General News
By Amy Connolly Two new guides – Agency and Non-Agency Relationships and The Appraisal Process – help customers make informed decisions and highlight a Realtor’s value. ORLANDO, Fla. — The latest Consumer Guides by the National Association of Realtors® clarifies the...
by Editor | Dec 11, 2024 | General News
By Jennifer Warner Florida saw 131K new residents in 2022-2023, while high-cost states like California and New York continued to experience population declines. ORLANDO, Fla. — New data from the Census Bureau, released in early September, provided additional insight...
by Editor | Dec 11, 2024 | General News
AARP said older adults want to stay in their homes but rising costs and limited options are limiting. Affordable, safe and accessible housing must be prioritized. WASHINGTON – A strong majority of adults aged 50 and older (75%) wish to remain in their current homes as...