The average 30-year FRM dropped from 4.32% last week to 4.20% this week, though the rate remains notably higher than the overall average 3.65% logged in 2016. Source: Florida Realtors Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesMortgage Rates Are Stabilizing – How That Helps…Is It Better To Buy Now or Wait […]
95% of foreign investors will spend more in the U.S.
AFIRE survey: International institutional real estate investors – they manage $2 trillion-plus in real estate assets globally – plan to buy U.S. property this year. Source: Florida Realtors Related Posts:Why Big Investors Aren’t a Challenge for Today’s HomebuyerAre Investors Actually Buying Up All the Homes?Are Big Investors Really Buying Up All the Homes?…A Second Home […]
Economists expect strong 2017 but with 'wild cards'
Job growth should slow, but fewer workers will force many businesses to raise pay that, in turn, should boost housing demand. But the “Trump Effect” is still an unknown. Source: Florida Realtors Related Posts:Expert Forecasts Point to Affordability Improving in 20264 Things To Expect from the Spring Housing MarketMortgage Rates Are Stabilizing – How That […]
Trends: Follow the demographics and focus on seniors
More small business owners are relocating to states like Florida to tap into an expected surge of baby boomers who are longing for warm climate retirement. Source: Florida Realtors Related Posts:How Home Equity Can Help Fuel Your RetirementA Second Home Might Be the Missing Piece in Your…Why So Many Homeowners Are Downsizing Right NowWhy Moving […]
With Fed hike done deal, economists eye next one
All things being equal – meaning the U.S. economy keeps improving and new batches of data prove it – the Fed might raise short-term interest rates again in March. Source: Florida Realtors Related Posts:What a Fed Rate Cut Could Mean for Mortgage RatesIs It Better To Buy Now or Wait for Lower Mortgage…It’s Getting More […]
30-year mortgage rate rises again – to 4.16%
It’s the seventh week in a row for increases, and two out of three mortgage experts polled this week predict they’ll continue to rise over the short term. Source: Florida Realtors Related Posts:Why Buying Real Estate Is Still the Best Long-Term…Is the Housing Market Going To Crash? Here’s What…Is It Better To Rent or Buy […]
Fed raises key interest rate for first time in year
The Federal Reserve raised short-term interest rates by a quarter point, which could impact some adjustable-rate mortgages and other consumer loans. 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 Moment To Sell Your HouseIs […]
Struggling homeowners get holiday break
Most lenders, along with Fannie Mae and Freddie Mac, say they won’t evict homeowners going through foreclosure during the holiday season. Source: Florida Realtors Related Posts:Why Rising Foreclosure Headlines Aren’t a Red Flag…The U.S. Foreclosure Map You Need To SeeThe Truth About Credit Scores and Buying a HomeWhat Credit Score Do You Really Need To […]
Rising mortgage rates could tighten listing inventory
While higher rates would hurt buyers, they could also entice current owners not to move so they can keep enjoying their current lower-rate monthly payments. Source: Florida Realtors Related Posts:It’s Getting More Affordable To Buy a HomeThe $280 Shift in Affordability Every Homebuyer Should Know4 Things To Expect from the Spring Housing Market3 Reasons Affordability […]
30-year mortgage rates rise to 4.13%
It’s the highest level for the year following a six-week rise after the presidential election. But no expert polled this week predicts more increases. Source: Florida Realtors Related Posts:Mortgage Rates Are Stabilizing – How That Helps…Mortgage Rates Hit Lowest Point So Far This YearExpert Forecasts Point to Affordability Improving in 20262026 Housing Market Outlook
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