Rate Cut Offers Small Step to Ownership for Many

Some agents are telling buyers to act now because additional rate cuts will increase market competition. Rates may tick up slightly before dropping again.

Condo Inspection Deadline Approaches

Some lawmakers are resisting calls for a special session, keeping the Dec. 31 deadline for condo inspections despite Gov. DeSantis pledge of year-end relief.

The Wild Week That Wasn't

Credit where credit is due: the rate market did an outstanding job of getting out in front of the Fed rate cut as well as the changes to the Fed's rate cut outlook as communicated in the summary of economic projections (SEP).   The SEP contains the proverbial "dot plot" that shows each Fed

Fannie Mae: Existing Sales May Hit 30-Year Low

Analysts say many borrowers are waiting for affordability to improve and mortgage rates to decline. They anticipate rates will average 5.7% by late 2025.