The average 30-year mortgage rate dipped to the lowest rate in months as markets increasingly expect a Federal Reserve rate cut in September.
Drywood termites can quietly damage wood in a home, but detecting early signs and scheduling inspections can prevent costly repair.
Florida Realtors® recognized the latest members — the 2025 class — to earn the endorsement as top professionals at Friday’s BOD meeting at the annual convention.
Homeowners tapped record equity in Q2 cash-out refinances, averaging $94K each. Monthly payments rose $590 as refinances made up 60% of loans.
The University of Michigan said consumer sentiment dipped more than initially estimated, with current conditions and expectations falling and inflation outlooks rising.
Buyers can feel confident by carefully considering location, budgeting for costs, getting inspections and understanding HOA rules before making an offer.
Make your listings inclusive by connecting with buyers of all backgrounds and being mindful of your design touches. Focus on calm, functional spaces.
In the South, pending home sales dipped 0.1% in July but rose 1.8% year-over-year, marking the strongest annual increase among all U.S. regions.
Fed rate cuts may not lower mortgage rates right away, as they follow long-term Treasury yields. Prices may still sideline buyers.
Rates on 30-year mortgages fell to 6.56% from 6.58% last week while rates on 15-year mortgages held steady at 5.69%.
