Appraisals Will Look Different Soon

Over a 14-month period starting in September, lenders are phasing in new appraisal reporting for all GSE-conforming loans.

Florida Consumer Sentiment Rebounds

After three months of decline, Floridians grew more optimistic in May, with stronger confidence in making major purchases and in the future of the U.S. economy.

Mortgage Rates Edge Higher to Start Busy Week

Mortgage rates have been in an exceptionally narrow range since last Tuesday with the 30yr fixed index hovering just under 7%.  The average lender is just a hair higher today versus last Friday, but still just under 7%. As always, the index is best used as a tool to track day over day changes i

Time to Stop Worrying About Mortgage Rates

Rather than waiting for rates to drop, buyers should be looking at all monthly costs to get a picture of what they can afford, says NAR’s deputy chief economist.