FEMA Increases Oversight on Florida Rebuilding

FEMA has been cracking down on post-hurricane rebuilding, enforcing stricter rules to ensure damaged homes meet flood safety standards amid rising storm risks.

Lowest Mortgage Rates in a Month

The interest rate market continues the healing process after taking heavy damage in October.  During the course of that month, the average top tier conventional 30yr fixed rate increased more than 0.75% and broke above 7.0% for the first time since early July.  The first few days of Novemb

Mortgage Rates: 30-Year Dips, 15-Year Inches Up

Rates on 30-year mortgages slipped to 6.81% from 6.84% last week, while borrowing costs on 15-year fixed-rate mortgages climbed to 6.1% from 6.02%.

Pending Home Sales Climbed 2.0% in October

NAR’s Pending Home Sales Index increased 0.9% in the South to 90.0 in October, up 2.5% from a year ago. Pending sales grew across the U.S.