The average 30-year mortgage was 4.03% this week, passing the psychologically noteworthy level of 4% for the first time since May. Source: Florida Realtors

The federal consumer bureau says it’s okay for lenders to share buyers’ closing disclosure with agents, and it’s announcing soon the how-to-do-it details. Source: Florida Realtors

The Fed said Friday that it expects the economy to strengthen, which warrants more gradual increases in the interest rate that impacts ARMs and, indirectly, FRMs. Source: Florida Realtors

The 30-year FRM averaged 3.96% this week, up from last week’s 3.88%. Freddie Mac’s chief economist blames higher global interest rates for the uptick. Source: Florida Realtors

After a two-month decline, consumer sentiment in the state rose 2.1 points in June as four out of five components moved higher. Source: Florida Realtors

It’s a marginal drop from last week and 15-year rates stayed the same: 3.17%. Still, fixed rates seem immune so far from the Fed’s short-term rate increases. Source: Florida Realtors

7 real estate laws drafted by the Florida Legislature and signed by Gov. Scott go into effect Saturday, including a Florida Realtors priority: estoppel fee caps. Source: Florida Realtors

The bill eased fire sprinkler mandates in Fla. condos and had almost unanimous support in the Legislature. But the London high-rise fire that killed 79 people “illustrates the importance of life safety protections,” the governor said in his veto. Source: Florida Realtors

Using photos that you found on the Internet? Don’t. A second court upheld a copyright charge last week against Zillow, though it lowered damages to $4M. Source: Florida Realtors

The big news is that fixed-rate mortgages didn’t go higher this week, though the drop is marginal. They averaged 3.90% compared to last week’s 3.91%. Source: Florida Realtors