The 30-year fixed rate reaches 6.66% as bond yields respond to Iran conflict. That's still slightly below the average of 6.72% a year ago.
Florida recorded 51,444 new-home permits through the second quarter, down 7% from a year earlier, though Northwest Florida and several counties posted growth.
The Fed held rates steady as inflation and energy prices remain high, though growing expectations of a September hike could keep borrowing costs elevated.
Federal Reserve policymakers face a divided decision today as easing inflation supports holding rates steady while persistent price pressures strengthen the case for an increase that could influence mortgage rates and homebuyers’ purchasing power.
Renters can protect their belongings, finances and temporary living costs by understanding what their policy covers and where gaps may remain.
Florida metros posted some of the nation’s strongest growth in millennial homeowner and renter households from 2018 to 2023, according to a RentCafe analysis. North Port led the country in millennial homeownership growth, while Orlando topped the list for renter growth.
New research found that 77% of buyers consider curb appeal at least moderately important, giving real estate professionals another way to evaluate new-home communities, prepare listings and better understand what draws buyers through the door.
Florida property owners can take steps to guard against increasingly sophisticated deed fraud involving forged documents, deepfakes and voice cloning. Experts recommend monitoring property records, enrolling in county alert programs and considering owner’s title insurance.
A Realtor advertised real estate-related products and services on her website through links to the websites of “Preferred Providers.” The Realtor received a fee each time a visitor clicked one of those links. However, the Realtor did not disclose that they were receiving these fees, claiming that the links were merely advertisements and not recommendations. Does this constitute a violation of the Code of Ethics?
Addendum H allows buyers to set maximum premiums for homeowner’s and flood insurance and cancel the contract without penalty if they cannot secure coverage at a price they can afford.
