Mortgage Rates Surge Toward 8-Month Highs

Mortgage rates are driven by bonds and the bond market hoped to see more evidence of shift toward peace during the 2-day Trump/Xi meeting in China. As soon as Trump got back on the plane to head home, bonds began tanking (i.e. jumping to higher yields). When bond yields spike, mortgage rates follow,

Florida’s insurance overhaul is beginning to reshape the market

Litigation drops, insurers cut rates and more companies enter Florida, easing insurance costs and improving affordability and market stability.

More young buyers rely on down payment help

A growing share of younger buyers is relying on family help, gifts and assistance programs to buy homes, highlighting how affordability pressures are reshaping the path to homeownership.

Florida home sales rise again in April

Florida’s housing market posted its eighth straight month of year-over-year closed sales gains, with condo and townhouse activity showing particular strength.