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Real Estate News- Mortgage Rates Rise, 30-Year Reaches November High December 19, 2024The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to 5.92% from 5.84% last week.
- Fla.’s Nov. Housing: New Listings, Inventory Up December 19, 2024Florida Realtors Chief Economist: Nov. saw a post-hurricane rebound for new listings, new pending sales. New listings, single-family up 7.2%; condos, up 5.4%.
- Florida Realtors' Tim Weisheyer on Leadership December 19, 2024Incoming Florida Realtors President Weisheyer said his career has been shaped by a focus on making a positive impact, among other key leadership principles.
- U.S. Homes Hit Record for Extra Bedrooms December 19, 2024The trend in increasing number of excess bedrooms is driven by both declining household sizes and by an increase in the number of bedrooms per home.
- Existing-Home Sales Rise 4.8% in November December 19, 2024NAR: Existing-home sales in the South rose 5.6% from October to an annual rate of 1.87 million in November, up 3.3% from one year before.
- Redfin: Buyers With Kids Get More Family Help December 19, 2024One in four buyers with kids received family cash for down payments, compared to 12% of those without, highlighting higher housing costs for families.
- Federal Reserve Cuts Rate by Quarter-Point December 18, 2024The Fed cut rates for the third time in 2024 but signaled slower reductions ahead, citing persistent inflation and economic uncertainties.
- 5 Common Questions About FR/BAR Contracts December 18, 2024Test your knowledge and learn more about the Florida Realtors/Florida Bar (“FR/BAR”) contract with this short quiz.
- Honoring Moe Veissi December 18, 2024Florida Realtors is deeply saddened to announce 2002 Florida Realtors President Maurice J. “Moe” Veissi died. He was 78.
- CFPB Rule Boosts Protections for PACE Borrowers December 18, 2024The finalized rule requires mortgage disclosures for PACE loans, aiming to protect homeowners from costly, unaffordable financing for clean energy upgrades.
- Mortgage Rates Rise, 30-Year Reaches November High December 19, 2024