Homeowners tapped record equity in Q2 cash-out refinances, averaging $94K each. Monthly payments rose $590 as refinances made up 60% of loans.
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%.
Agents can plan their social media content with a calendar to stay consistent. Be sure to set clear goals and choose engaging formats.
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.
Many homeowners are upgrading outdoor spaces with smart features, multifunctional tables and casual setups to host meals and social gatherings year-round.
Realtors from Englewood, Kissimmee and Clermont are among five agents selected for NAR’s 16th annual Volunteering Works grants and mentoring program.
Americans’ confidence in the economy edged down, with concerns about jobs and inflation rising. Plans for big-ticket purchases and vacations fell.
Florida regulators approved private insurers to take tens of thousands of Citizens policies later this year as part of a program to reduce the state-run insurer’s size.
