Mortgage Rates Back Above 7% to Start New Week

Mortgage rates moved modestly higher to start the new week.  With the average top tier 30yr fixed rate just under 7% on Friday, this meant a move to just over 7% today.   As always, keep in mind that a mortgage rate index is best used to capture the day to day  movement in rates

Consumer Sentiment Sees Slight Declined in June

Early results from the University of Michigan’s consumer sentiment index show sentiment is currently about 31% above the trough seen in June 2022.

DeSantis Signs Condo Board, Association Bill

A new law requires condo board education and gives the state more investigative powers to tamp down on abuses of power and other provisions.

MLS, Brokerage Reminder: Settlement Opt in Today

Today (June 18) is the deadline for MLSs and brokerages to opt in for the NAR settlement. Read the important instructions below.