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January 3, 2024

Fed’s Barkin Says Soft Landing ‘Conceivable’

Newsletter/Magazine Article

Richmond Federal Reserve President Thomas Barkin said the U.S. is making “real progress” toward controlling inflation, but rate hikes are still possible.

January 4, 2024

Redfin: Homebuyers’ Monthly Payments Drop to Lowest Level in Nearly a Year

Newsletter/Magazine Article

Redfin reported a $372 drop in U.S. mortgage payments during the four weeks ending Dec. 31.

November 16, 2023

Buyer Representation Not a Thing of the Past

Newsletter/Magazine Article

NAR attorneys: Real estate professionals should maintain clear communication with clients about the services they provide and how they get paid.

November 28, 2023

FHFA: 2024 Conforming Loan Limits Rise by $40K

Newsletter/Magazine Article

In 2024, a conventional mortgage in most parts of Fla. (except Monroe County) will have a loan limit of $766,550, an increase of $40,350 from 2023’s $726,200.

November 29, 2023

FHA Releases 2024 Loan Limits

Newsletter/Magazine Article

For a one-unit Single Family Title II forward mortgage, the base limit will be $498,257 and go as high as $1,149,825 in selected areas of Fla.

November 30, 2023

FHA to Help More Owners/Buyers Fix Up Homes

Newsletter/Magazine Article

A FHA 203(k) loan allows borrowers to roll upgrade costs into their first mortgage. HUD says loan-change proposals will help “millions of homebuyers and homeowners.”