Credit card holders will soon pay more. So will people with adjustable-rate mortgages or home equity lines of credit. But will it impact long-term mortgage rates? Source: Florida Realtors
NAR answers questions about Zillow 'Instant Offers'
Change is constant in the real estate industry, and since many Realtors are talking about a recent Zillow move, NAR published answers to common questions. Source: Florida Realtors
Set to hike rates, Fed wrestles with low inflation
Experts: The Fed likely will raise its key short-term rate by a quarter percentage point to a range of 1% to 1.25% this week – the third such hike since Dec. Source: Florida Realtors
Root causes for U.S.'s depressed homeownership rate
Study: Affordability issues, student loan debt, tight credit conditions and housing supply shortages are keeping the homeownership rate stuck near a 50-year low. Source: Florida Realtors
Fannie to loosen mortgage requirements
On July 29, Fannie Mae will raise its debt-to-income ceiling from 45% to 50%, making it possible for a larger number of new buyers to qualify for a mortgage. Source: Florida Realtors
Millennials may see a 2017 home-buying turnaround
U.S. homeownership rate is 63.6% (64.6% in Fla.), but owner households formed at double the rate of renter households in 1Q 2017 – a key to homeownership growth. Source: Florida Realtors
Survey: Buyers/sellers express mixed reactions in May
Fannie Mae’s monthly survey on consumers’ attitudes about the current real estate market slipped slightly, 0.5 points in May after rising in April. Source: Florida Realtors
New 'HomePod' speaker coming to smart homes
Like Google Home and Amazon Echo, Apple’s HomePod will play music, and Siri’s voice will listen, take commands and help people manage their lives and homes. Source: Florida Realtors
WalletHub: Fla. ranks 12th for 'economic health'
Fla. ranks 12th for economic health, 13th for economic activity. But its overall ranking of 22 is dragged down a bit by an “innovation potential” score of 30. Source: Florida Realtors
Congress might remove roadblocks to Everglades restoration
A proposed law could cut regulatory delays and speed the flow of federal money to fix the fading River of Grass and boost S. Fla.’s drinking water supply. Source: Florida Realtors
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