
High Mortgage Rates Drag on Builder Confidence
The June HMI survey found 29% of builders cut prices to bolster June sales, the highest share since January 2024 (31%) and well above the May rate of 25%.
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Setting Financial Boundaries for Returning Kids
Adult children are moving back home due, in part, to rising rents. Decide how much they’ll pay towards the mortgage or their own savings for moving out in the future.
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Mortgage Rates Move Slightly Lower After Retail Sales Report
Mortgage rates began the week with a modest move back up and over the 7% threshold, but managed to erase some of those losses today. The improvement followed this morning's Retail Sales data which came out weaker than expected. Mortgage rates are based on trading levels in the bond market.&nbs
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Florida Surpasses National Median Sale Price
For the first time in state history, the median sale price for Florida exceeded that of the national number and has stayed there for several months.
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