Average 30-Year Mortgage Rate Climbs This Week
The average rate on a 30-year mortgage rose to 7.1%, the highest level since late November. The average rate for 15-year fixed-rate mortgages rose to 6.39%....
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Fla. Market: Listings, Median Price Up in March, 1Q
Single-family median sales prices are up 3.9% over March 2023 and new listings increased 7.7%. The condo-townhouse median prices increased 3.1%....
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Sluggish Start to U.S. Spring Homebuying Season
Home sales fell in March with rising mortgage rates, analysts said. The supply of homes on the market remains below the historical average....
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Financial Literacy for Informed Decisions
Making a big purchase, like a home, requires financial knowhow that’s not often taught in school. Learning the basics can help avoid poor decisions....
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Florida Sets Aside 28,000 Acres for Conservation
The state purchased land, some previously slated for development, in Collier and Polk counties to protect links to conservation areas....
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5 Signs It’s Time to Renovate
Renovations can increase a home's value and make it a more comfortable living space. One of the signs it's time to renovate could be the age of the home....
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Florida Home Values Skyrocket
The average Florida home value doubled in six years. Tampa and Miami tied for having the third-fastest price doubling among large U.S. cities....
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U.S. Consumer Sentiment Falls Slightly
One economist said gas prices likely contributed to the decline. Most expect consumer spending to remain healthy as long as the job market holds steady.
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Fed’s Powell: Rate Cuts Likely Delayed This Year
If inflation continues, long-anticipated interest rate cuts may not happen this year, the Federal Reserve chair said. Interest rates influence mortgage rates....
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What Not to Do After a Mortgage Preapproval
Don’t jeopardize your chances of getting your dream home after getting preapproved for a mortgage by taking out new lines of credit or other missteps....
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