Surprise Lift for July New Home Sales

Sales of newly build homes rose 5.6% from a year earlier. Gradual improvements in the home building sector are forecast as mortgage interest rates go down.

Modest Bounce For Mortgage Rates

After moving lower for 4 straight days to hit the 3rd lowest levels in more than a year, mortgage rates bounced just a bit higher today.  This was the first day of the week with meaningful economic data and the bond market (which dictates rate movement) frequently takes cues from such data. In

Florida Realtors Honors 2024 Award Winners

Mike McGraw, 2023 president, is the 2024 Realtor of the Year. All award winners were recognized Thursday at the annual convention’s in-person Awards Luncheon.

Average Long-Term Mortgage Rate at 15-Month Low

Average rate on a 30-year mortgage eased to 6.46% from 6.49% last week. Borrowing costs on 15-year fixed-rate mortgages fell to 5.62% from 5.66%.