
Low Volatility in Mortgage Rates, But Next Week Could be Very Different
We've talked a lot about why the Fed rate cut will have no additional positive impact on mortgage rates next week. Everything the market can already reasonably foresee about what the Fed might do is already reflected in today's mortgage rates. In other words, much of the sharp mortgage rate de
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Stay Informed: New Practice Resources Available
Florida Realtors will be hosting webinars this week regarding practice changes, and NAR released a new Consumer Guide about compensation offers.
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U.S. Consumer Sentiment Ticks Higher
Consumer sentiment edged higher for the second month and is at its highest level since May, according to the University of Michigan.
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Demand for Second-Home Mortgages Fall
Mortgage-rate locks for second homes have dropped 13% since last summer – more than twice as much as rate locks for primary homes, Redfin reported.
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