The average U.S. 30-year fixed mortgage rate declined from 7.18%, reaching its lowest level since late September, according to Freddie Mac. The decrease offers an opportunity to revisit buyer budgets, though borrowing costs remain higher than a year ago.
Agents can review prospecting, follow-up and transaction support to identify where business is stalling before investing in more leads or tools.
Federal public assistance funding covers more than 500 Florida recovery projects and reimbursements, making local project details useful context for conversations about storm recovery.
U.S. inflation reached 4% in October, prompting some Federal Reserve officials to favor faster interest rate increases. Persistent price pressures add uncertainty to financing costs and household budgets, complicating homebuying decisions.
Total population growth misses the nuance of who is moving and how much money they bring with them.
Realtor.com findings give agents a reason to revisit financing with eligible military buyers, distinguishing down payment barriers from monthly affordability challenges.
NAR adopted policies addressing listing content copyright, local data feed requirements and permitted uses of MLS information, along with revised qualifications for its MLS Committee.
Seven additional counties are under Florida’s flooding emergency declaration. Florida Realtors’ Disaster Relief Fund is accepting applications from eligible members in the original seven counties.
The average 30-year rate fell to 7.18% from 7.24% last week, while the 15-year rate dipped to 6.57% from 6.60%.
Gov. Ron DeSantis plans to convene lawmakers before leaving office in January to implement Amendment 3. Approved by 62% of voters, the Florida Realtors-backed measure raises the homestead property tax exemption to $150,000 in 2027 and $250,000 in 2028, excluding school district taxes.
