Mortgage Rates Start Higher But Recover Nicely

As of this morning, it looked like the theme for mortgage rates in 2024 would be up, up, and away--at least as far as the first two business days were concerned.  The average 30yr fixed rate had risen 0.10% in 2 days after spending the previous 10 business days holding no more than 0.06% above

Homebuyers’ Median Age Jumps to 49

The media age of homebuyers is up from 39 two decades ago, suggesting finances play a critical role in homeownership.

South Florida Buyers, Renters to See Positive 2024 Changes

Forecasters say it’s a great time to buy or rent in South Florida thanks to the shifting market.   

MBA: Mortgage Demand Drops Over Holidays

An economist said purchases have not yet picked up in response to the recent mortgage rate decline.