Mortgage Rates Fall to Lowest Level Since October

Mortgage Rates Fall to Lowest Level Since October

By Alex Veiga The average rate on a 30-year mortgage fell to 6.26% from 6.35% last week. Borrowing costs on 15-year fixed-rate mortgages slipped to 5.41% from 5.5%. WASHINGTON — The average rate on a 30-year U.S. mortgage fell again this week, echoing a decline in...
Fed Cut May Slowly Ease Mortgage Costs

Fed Cut May Slowly Ease Mortgage Costs

Mortgage rates have already dipped in anticipation of the Fed’s first rate cut since December. Further declines are expected to unfold over time. NEW YORK — The Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months. Since the last...
NAR: Realtors Embrace AI, Digital Tools

NAR: Realtors Embrace AI, Digital Tools

AI and digital tools like eSignature, social media and drones are increasingly used in real estate, with clients responding positively, NAR finds. WASHINGTON — Agents who are Realtors® are leaning into artificial intelligence while continuing to rely on digital tools...
Fed Cuts Rates, Signals Two More in 2025

Fed Cuts Rates, Signals Two More in 2025

By Christopher Rugaber The Federal Reserve cut its key rate to 4.1% and projected two more cuts this year as job growth slows and unemployment ticks higher. WASHINGTON — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would...
Florida Buyers See Late Fall Advantage

Florida Buyers See Late Fall Advantage

Realtor.com’s report shows the U.S. market peaks Oct. 12–18 for buyers, while Florida’s best deals arrive late Oct.–Dec. with more listings and lower prices. AUSTIN, Texas — The best time to buy a home in 2025 is fast approaching. According to the Realtor.com 2025...