Average 30-year mortgage rate climbs to highest level in nearly a year

The average 30-year mortgage rate rose to 6.55% this week, Freddie Mac said. The increase is adding to borrowing costs and reducing purchasing power as inflation concerns push bond yields higher.

New NAR survey: Americans value walkable neighborhoods

Most Americans consider sidewalks, nearby amenities and other walkability features important when choosing where to live — and nearly two-thirds say they would pay more for them.

Florida economy moves up to No. 14 globally

The state's $1.8 trillion economy is now the world’s 14th largest after surpassing Australia and Mexico, according to the Florida Chamber Foundation. The foundation said Florida’s economy grew 6.3% over the past year, moving the state closer to its goal of ranking among the world’s 10 largest econom

Mortgage Rates Fall to Lowest Levels in a Week

Mortgage rates moved lower again today following another lower-than-expected reading on an inflation report. Yesterday's Consumer Price Index (CPI) had a bigger impact on the underlying bond market, but today's Producer Price Index (PPI) wasn't far behind. Additionally, bonds did a better job of hol