Florida Realtors News
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State Farm and other insurers cite Florida’s stabilizing market and lower litigation costs as auto insurance rate cuts continue.
Jerome Powell said another rate cut at the Fed’s December meeting “is not a foregone conclusion,” citing uncertainty from the shutdown and mixed data.
The rate on 30-year mortgages dropped to 6.17% from 6.19% last week, while the rate on 15-year mortgages fell to 5.41% from 5.44%, Freddie Mac said.
Pres. Weisheyer met with the Japan-America Real Estate Coalition in Tokyo this week – the agreement opens more opportunities for Realtors in both countries, he says.
A home’s quick resale history might raise concerns, but experts say it often reflects life changes, not red flags.
Starting Saturday, Florida Realtors members can unlock tailored insurance options and exclusive add-ons through the Health Plan Navigator by Venteur portal.
Pending home sales held steady in September, with the South leading regional gains, NAR said. Inventory hit a five-year high as mortgage rates trended lower.
Citizens had 569,495 policies as of Friday, down from 768,643 policies a week earlier, as the depopulation program continues.
The Federal Reserve lowered its key rate by 0.25 points to 3.9%, its second rate cut this year and a move that could gradually lower mortgage rates.
U.S. consumer confidence fell slightly as concerns about inflation and future job prospects grew, signaling continued unease about the economy.