The average rate on a 30-year mortgage has increased for five consecutive weeks and is at 7.22%, the highest since November 30.
Freddie Mac: U.S. Mortgage Rates Up
What to Know About Mortgage Preapproval
Having mortgage preapproval has always been important, but it might be even more significant than it was a half-decade ago.
2 May 2024, 6:05 am by: amyc
Study Uncovers Best Month, Day to Sell
New study found home sellers see a 13.1% premium in May. The study also found May 27th is the best day to sell a home, with a seller premium of 16.2%.
2 May 2024, 5:05 am by: amyc
Millennials Making Moves Into Golf Communities
Before the pandemic, golf communities were seeing a decline in interest. Now, millennial homeowners are discovering the amenities fit their lifestyles.
2 May 2024, 5:05 am by: amyc
Preparing Your Home for Storms
With hurricane season around the corner, homeowners should take extra precautions to prepare for storms, including performing home inspections.
2 May 2024, 5:05 am by: amyc
Federal Reserve Holds Rates Steady
Fed Chair Jerome Powell said there’s been a lack of progress moving towards the 2% inflation target, so a rate cut in the near future is not likely.
2 May 2024, 5:05 am by: amyc
U.S. Consumer Confidence Declines
Responses to the nationwide survey said Americans remain concerned about high prices, particularly for food and gas.
1 May 2024, 7:05 am by: amyc
2023 Realtor Giving, Volunteering Increased
Nearly seven out of 10 (69%) Realtor members at large volunteered monthly, spending an average of eight hours volunteering each month, NAR said.
1 May 2024, 6:05 am by: amyc
Black Homeowners Closing Property Value Gap
A growing number of majority Black ZIP codes saw big property value increases. In Orlando, home prices grew 26% from 2000 to 2016 and another 215% since then.
1 May 2024, 6:05 am by: amyc
Florida Housing Market Healthy, Builder Says
The CEO of D.R. Horton, the nation’s largest homebuilder, said good migration and job growth in Florida is a plus for the housing market.
1 May 2024, 6:05 am by: amyc