by Editor | Nov 8, 2024 | General News
Despite higher home prices, the share of consumers who think it’s a good to time to buy increased to 20%. Those who think it’s a good time to sell declined to 64%. WASHINGTON — The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.7 points in October to...
by Editor | Nov 7, 2024 | General News
By Christopher Rugaber The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates. WASHINGTON — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to...
by Editor | Nov 7, 2024 | General News
By Alex Veiga Average rates on 30-year mortgages ticked up to 6.79% from 6.72% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 6% from 5.99% last week. NEW YORK — The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week,...
by Editor | Nov 7, 2024 | General News
NAR released a new guide for first time buyers and a video series for Realtors related to the practice changes for the proposed settlement. ORLANDO, Fla.— The National Association of Realtors® published a new Consumer Guide for first-time buyers and created a video...
by Editor | Nov 7, 2024 | General News
Orlando, Tampa, St. Pete and Jacksonville are among the most veteran-friendly cities in U.S. across four categories: economy, employment, health and quality of life. MIAMI — Florida is home to four of the nation’s best places for veterans to call home, new rankings...
by Editor | Nov 6, 2024 | General News
By Brett Rowland Treasury’s new rule expands foreign real estate oversight near U.S. bases including the Naval Annex in Okahumpka and Marine Corps Blount Island in Jacksonville. WASHINGTON — The U.S. Department of the Treasury issued a final rule Friday that expands...
