January 30, 2024
Fed Meeting Could Open Door to March Rate Cuts
As the Federal Open Market Committee (FOMC) begins its two-day closed meeting, many wonder when an interest rate cut...
January 29, 2024
Inflation Slowed Further, 'Soft Landing' Closer
A soft landing – inflation falling back to the Fed’s target without a recession – could make it easier for the Fed to...
January 27, 2024
NAR: December Pending Home Sales Climbed 8.3%
NAR is projecting a 13% increase in existing-home sales in 2024 (from 2023) to 4.62 million and a 15.8% increase in 2025...
January 26, 2024
Opinion: Carefully Consider Reverse Mortgages
Reverse mortgages are a major financial decision but can work for borrowers under a unique set of circumstances, one...
January 25, 2024
IRS to Simplify Taxpayer Notices
The IRS is rewriting its commonly received notices using simpler language to make them “shorter, clearer and easier to...
January 24, 2024
2024 Real Estate and Design Trends to Watch
In 2024, buyers will be looking for homes with AI-driven tech, large windows and EV charging stations, among other...
January 23, 2024
Fannie Mae: 2024 Mortgage Rates to Dip Below 6%
“Overall, we expect 2024 to be a better year than 2023 for homebuyer affordability and the mortgage industry,” Fannie...
January 22, 2024
Real Estate Trends: What’s in Store for 2024?
Florida Realtors chief economist: Watch for the market to reignite over the next several months. “We have weathered the...
January 20, 2024
Engaging the Single Female Buyer
Single women have different buying considerations than those of other buyers, a Harvard University study found.NEW YORK...
January 19, 2024
Gen Zers Outpace Others in Homeownership
Most adult Gen Zers are tracking ahead of where their parents were at the same age, likely because they bought when...
January 18, 2024
New Mortgage Applications Jump More Than 10%
New mortgage applications increased 10.4% from one week earlier, according to the Mortgage Bankers...
January 17, 2024
Fed Official Sees Slowing Inflation
Christopher Waller, an influential member of the Fed's Board of Governors, said he’s feeling confident the economy is...
January 16, 2024
Where Are Homes Selling Below Asking?
Several Florida cities, including Crestview, Deltona and Ocala, are a boon for buyers, coming in among the top 50 U.S....
January 15, 2024
Q&A: Increasing Loan Limits in 2024
One borrower wants to know how increasing loan limits will impact a purchase on a larger home. RICHMOND, Va....
January 13, 2024
More Properties Listed, Supply Still Short
Active listings in the U.S. climbed 4.9% in December year over year, but for-sale inventory is still below pre-pandemic...
January 12, 2024
MORTGAGE APPLICATION VOLUME UP NEARLY 10%
The new year began on a positive note for the mortgage space, according to data from the Mortgage Bankers Association...
January 11, 2024
ARE HOUSING INVENTORY LEVELS ON THE RISE?
During December, there was a 9.1% uptick in the number of more newly listed homes compared one year ago; compared to...
January 10, 2024
No Power Bills in This Florida Community
Hunter’s Point, located in Manatee County, is the world’s first LEED Zero Energy certified residential...
January 9, 2024
Commercial Mortgages: Real Estate Investors Hopeful For 2024
With the 10-year Treasury yield seemingly turning the corner, cap rates can stop expanding, which would allow investors...
January 8, 2024
Steps to Take Before Applying for a Mortgage
Prospective homeowners should consider all the steps to securing the best possible mortgage terms. NEW YORK – A...
January 6, 2024
U.S. Employers Add 216K Jobs, Sign of Strength
Experts say there’s never been a wider gap between the underlying health of the economy and public perception.WASHINGTON...
January 5, 2024
Average Long-Term Mortgage Rates Dip for 9th Straight Week
Freddie Mac says mortgage rates slid to the lowest level since May, “economy remains on firm ground with solid...
January 4, 2024
South Florida Buyers, Renters to See Positive 2024 Changes
Forecasters say it’s a great time to buy or rent in South Florida thanks to the shifting market. MIAMI...
January 3, 2024
Redfin Report: Home Buyer Demand Shows Signs of Early Rebound
Home buyers, encouraged by declining mortgage rates and increased listings, are moving from the sidelines, the Redfin...
January 2, 2024
FHFA: October Home Prices Increase 0.3%
The Federal Housing Finance Agency also says home prices rose 6.3% year over year.WASHINGTON – October U.S. house prices...
December 29, 2023
NAR: Existing-Home Sales Grow in November, Ending Five-Month Slide
NAR’s chief economist says home prices keep moving higher. The median home sale price in the South was up 3.4% from last...
December 28, 2023
American Consumer Confidence Increased Again
The consumer confidence index exceeded analysts’ expectations and rose to its highest level since July.NEW YORK (AP) –...
December 27, 2023
Average Long-Term U.S. Mortgage Rate Falls to 6.67%
Some economists say home sales will increase in 2024 as mortgage rates ease.LOS ANGELES (AP) — Home loan financing costs...
December 26, 2023
SURVEY FINDS MOST MILLENNIALS AND GEN ZERS NEVER MOVE FROM THEIR HOMETOWNS
The majority of millennials and Gen Zers did not grow up to move away from their hometowns, according to...
December 23, 2023
FANNIE MAE FORECASTS HOME SALES AND MORTGAGE ORIGINATION RECOVERY IN 2024
Single-family home sales likely bottomed out during the fourth quarter this year and are expected to begin a slow but...
December 22, 2023
US POPULATION GREW BY 1.6 MILLION THIS YEAR
The U.S. gained more than 1.6 million people over the past year, growing by 0.5% to 334,914,895, according to the...
December 21, 2023
21.8% Increase in New Home Purchase Mortgage Applications
Mortgage applications for new home purchases during November recorded a 21.8% year-over-year increase, according to new...
December 20, 2023
Fannie Mae: 2024 Homes Sales to Slowly Recover
Fannie Mae economists suggest “a modest downturn in 2024, followed by a return to growth in 2025.”WASHINGTON – Fannie...
December 19, 2023
NAHB: Builder Sentiment Rises With Falling Interest Rates
“Builders are reporting an uptick in traffic as some prospective buyers who previously felt priced out of the market are...
December 18, 2023
NAR Forecasts 2024 Mortgage Interest Rates to Average 6.3%
NAR also said 2024 will see stronger sales activity, calling it great news for buyers and sellers.CHICAGO – For the...
December 16, 2023
Average Long-Term U.S. Mortgage Rate Dips Below 7%
The mortgage rate now stands at its lowest level since early August, signaling good news for prospective homebuyers.LOS...
December 15, 2023
FREDDIE MAC STANDARDIZES DOWN PAYMENT ASSISTANCE DOCUMENTS
Freddie Mac (OTCQB: FMCC) announced the availability of new, standardized mortgage documents designed to standardize...
December 14, 2023
FEDERAL RESERVE LEAVES RATES UNCHANGED
The Federal Reserve has opted to ring out 2023 by keeping rates unchanged.The central bank’s policy making Federal Open...
December 12, 2023
CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS
The commercial mortgage-backed securities (CMBS) delinquency rate dropped by five basis points in November to 4.58%,...
December 11, 2023
MORTGAGE RATES CONTINUE TO PLUMMET
The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) finds mortgage rates in a continued...
December 9, 2023
CORELOGIC: HOME PRICES UP 4.7% IN OCTOBER
Prices on single-family homes posted a 4.7% year-over-year increase during October, according to new data from...
December 8, 2023
MORTGAGE APPLICATION ACTIVITY UP 2.8%
Mortgage application activity was on the rise again, according to Mortgage Bankers Association (MBA) data for the week...
December 7, 2023
FSBO Sellers Regret Not Having an Agent
Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their...
December 6, 2023
Real Estate Investors Optimistic About the Future
Most (72%) real estate investors say the market is as good or better than it was last year, and 75% expect stability or...
December 5, 2023
SURVEY: FEWER BUYERS ARE WILLING TO WAIT TO HOME PRICE AND MORTGAGE RATE DECLINES
Prospective homebuyers may be running out of patience for home prices and interest rates to fall before buying property,...
December 2, 2023
Inflation: Fed’s Preferred Gauge Finds Improvement
Personal Consumption Expenditures – a closely watched measure of inflation – showed signs that price increases are...
December 1, 2023
Long-Term Mortgage Rates Fall to 7.22%
It’s the lowest rate for a 30-year, fixed-rate mortgage since Sept. Freddie Mac calls it an “encouraging development”...
November 30, 2023
U.S. Consumer Confidence Bounces Back in Nov.
After three monthly declines, the measure of Americans’ attitudes increased to 102.0 in Nov. from Oct.’s 99.1, largely...
November 29, 2023
FHFA: 2024 Conforming Loan Limits Rise by $40K
In 2024, a conventional mortgage in most parts of Fla. (except Monroe County) will have a loan limit of $766,550, an...
November 28, 2023
MORTGAGE RATES CONTINUE TO DROP
Mortgage rates declined again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC).The...
November 27, 2023
MORTGAGE APPLICATION ACTIVITY AT HIGHEST LEVEL IN SIX WEEKS
The mortgage market is heading into the Thanksgiving holiday weekend on the upswing, according to new data from the...
Social Cookies
Social Cookies are used to enable you to share pages and content you find interesting throughout the website through third-party social networking or other websites (including, potentially for advertising purposes related to social networking).