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 Related Posts:What Credit Score Do You Really Need To Buy a Home?What a Fed Rate Cut Could Mean for Mortgage RatesThe 5-Year Rule for Home PricesThe Truth About Credit […]

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 Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesHow To Buy a Home Without Waiting for Lower RatesWhy Now May Be a Key 2025 […]

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 Related Posts:Mortgage Rates Are Stabilizing – How That Helps…3 Reasons Affordability Is Showing Signs of…Mortgage Rates Hit Lowest Point So Far This YearWhy More Buyers Are Turning to […]

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 Related Posts:Mortgage Rates Hit Lowest Point So Far This YearMortgage Rates Are Stabilizing – How That Helps…Is the Housing Market Going To Crash? Here’s What…Do You Know How Much Your […]

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 Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesMortgage Rates Hit Lowest Point So Far This YearWhy Now May Be a Key 2025 […]

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 Related Posts:Why More Homeowners Are Giving Up Their Low Mortgage RateWhy More Buyers Are Turning to New Construction This YearHow Home Equity Can Help Fuel Your […]

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 Related Posts:Condos Could Be a Win for Today’s BuyersExpert Forecasts Point to Affordability […]

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 Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesShould You Sell Your House or Rent It Out?A Second Home Might Be the Missing Piece […]

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 Related Posts:How To Buy a Home Without Waiting for Lower RatesHousing Market Forecasts for the Rest of 2025What a Fed Rate Cut Could Mean for Mortgage RatesYour […]

Year-over-year, existing single-family home sales rose 7.6%, median sales price up 7.7% to $239,000. Condo sales up 8%; median sales price up 8.1% to $178,000. Source: Florida Realtors Related Posts:Condos Could Be a Win for Today’s BuyersIs an Accessory Dwelling Unit Right for You? Here’s…Is the Housing Market Going To Crash? Here’s What…Should I Buy […]