
Rates Fall to Lowest Level in Over a Year
The average rate on a 30-year mortgage fell to 6.47% from 6.73% last week. Costs on 15-year fixed-rate mortgages fell to 5.63% from 5.99% last week.
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Florida’s Affordability: Price vs. Income
Florida’s median home prices rose 40%, but incomes only 12%. Understanding trends helps you and your customers enter deals with insight and creativity.
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Mortgage Rates Move Higher Again, But at a Much Gentler Pace
Yesterday saw one of the largest single day mortgage rate increases in years, although there were more than a few caveats. We discussed those in greater detail in yesterday's update. Rather than attempt to condense and already-condensed explanation of esoteric market plumbing, here's the
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Convention: 2 Days, Too Good To Miss
Join colleagues at Florida Realtors Convention & Trade Expo, Aug. 21-22, 2024. Preregistration closes Monday.
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