Drop in Mortgage Rates Sparks Refinances

Drop in Mortgage Rates Sparks Refinances

By Holden Lewis Mortgage rates fell to an 11-month low, prompting more refinancing. Experts urge caution if the break-even period to recoup costs is over two years. NEW YORK — Mortgage rates have fallen to their lowest level in 11 months. Already, some homeowners are...
Want to Sell Your Home? Start Early

Want to Sell Your Home? Start Early

Many longtime homeowners hold large equity gains, but today’s market calls for early planning and careful pricing to ensure a smooth, profitable sale. NEW YORK — Many long-time homeowners are sitting on substantial equity gains, but today’s shifting market means...
Working Smarter with AI in Real Estate

Working Smarter with AI in Real Estate

By Amy Connolly Jonathan Lickstein, COO of LoKation Real Estate, shares at the Florida Realtors Convention how AI helps his agents streamline tasks, nurture leads and stay efficient. ORLANDO, Fla. – Artificial intelligence has moved beyond writing listing...
Hurricane Season Forecast Eased

Hurricane Season Forecast Eased

AccuWeather trimmed its hurricane outlook to 13–16 storms and 6–9 hurricanes, citing dry air, dust and wind shear, though Gulf waters remain very warm. MIAMI – While the U.S. remains forecast to be directly affected by three to six hurricanes before the Nov. 30 end of...
Jobless Claims Dip in State, Jump Nationally

Jobless Claims Dip in State, Jump Nationally

Florida’s jobless claims fell 1.7% to 5,624 last week, while U.S. filings surged 11% to 263,000, which was the highest weekly total since 2021. TALLAHASSEE, Fla. — Florida had a slight dip in first-time unemployment claims last week, while applications nationally...
Mortgage Rates Dip to Year Low

Mortgage Rates Dip to Year Low

By Alex Veiga Rates on 30-year mortgage rate eased to 6.35% from 6.5% last week, while 15-year rates slipped to 5.5% from 5.6%. WASHINGTON — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in...