The VA updated appraisal requirements for VA-backed purchases and launched a new partial-claim option for veterans in default, giving real estate professionals timely information to share with VA buyers and homeowners who may need to contact their lender, servicer or VA.
Car ownership costs now rival mortgage payments in determining true housing affordability, with transit-accessible homes commanding a price premium nationally, according to new data.
Mixed economic reports are making the Federal Reserve’s next move harder to predict. Inflation remains a concern, while job growth came in weaker than expected, leaving buyers and sellers to watch how each new report could shift mortgage-rate expectations.
A new survey found 47% of U.S. consumers were targeted by fraud last quarter, most through phishing, smishing or voice cloning, as AI lowers the cost of mortgage fraud schemes.
A proposed HUD rule would change how the permanent chassis requirement applies to multistory manufactured homes, potentially lowering costs and making upper floors more practical. The issue is especially relevant in Florida, which has the nation’s largest manufactured/mobile home inventory.
he average 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, while the average 15-year rate dropped to 5.79% from 5.84%, mortgage buyer Freddie Mac said.
Buyers who spot maintenance issues, odors, water damage or questionable DIY work during showings may respond with lower offers, added contingencies or harder negotiations.
Self-employed investors are buying more single-family homes, often using alternative loans that focus on rental income rather than traditional paychecks. The trend is especially relevant in Florida, where investor activity can shape both buyer competition and rental supply.
A new homebuyer survey found consumers favor buying over renting for the first time since 2023, with 53% saying buying is the better choice. Prices and mortgage rates remain the top barriers, but the findings give agents a reason to reconnect with renters, past leads and homeowners who paused their plans.
Florida consumers grew more cautious as inflation concerns, household budget pressure and softer job conditions continued to shape expectations for the economy and major financial decisions.
