Category Archives: Blog

While housing size is a personal preference, buyers should consider current and future needs when shopping. However, it often just comes down to affordability. NEW YORK – Potential home buyers typically have lists of requirements they would like to find in a new home. Although there are many features that are universally appreciated, certain elements […]

The switch to online records may be part of the problem. All of Florida’s 67 counties have some sort of property fraud alert program, but more people need to sign up. ORANGE PARK, Fla. – Across Florida, scammers are selling people’s land and even homes behind their backs. Officials are urging property owners to protect themselves this week. It’s called property deed […]

The current average 30-year fixed mortgage interest rates are as follows: NerdWallet: 6.899%1 Bankrate: 7.29%2 Forbes: 7.49%3 U.S. Bank: 6.875%4 Wells Fargo: 6.250% – 6.625%5

More Owners Take Middle Ground to Save on Insurance Rather than drop property insurance altogether, some owners are choosing high deductibles to save money – a risky move that covers only catastrophic problems. NEW YORK – With the increases in insurance premiums straining pocketbooks of homeowners, some have decided to maintain coverage but increase their […]

Some discouraged buyers should stop looking for their “forever home” and start looking for their “get my foot in the door to start building equity” home. NEW YORK – The average rate on the standard 30-year fixed mortgage rose to 7.09%, according to Freddie Mac’s latest weekly survey. Some experts say that’s close to an […]

By Kerry Smith The 30-year, fixed-rate mortgage averaged 2.98% this week, according to Freddie Mac – but any uptick in buyer demand will meet a shrinking inventory of for-sale homes. MCLEAN, Va. – The average 30-year mortgage rate dropped below 3% this week for the first time in at least 50 years. It averaged 2.98% […]

By Melissa Dittmann TraceyThe real estate market dipped during stay-at-home orders, though it still looks as if many deals were postponed rather than cancelled. What happens next? COVID-19’s resilience remains a big unknown, but it still seems as if market strength will return sooner rather than later. CHICAGO – The housing market is recovering much […]

By Martin Crutsinger The seasonally adjusted annual rate was higher than analysts expected – many economists predicted a decline. It was also 12.7% higher compared to year-ago numbers. WASHINGTON (AP) – Sales of new homes rose a surprisingly strong 16.6% in May with the reopening of major parts of the country potentially fueling activity in […]

A strong jobs report nudged mortgage rates higher, but a Fed decision to keep interest rates low, possibly through 2021, should keep mortgages affordable for a while. NEW YORK – Freddie Mac reported on June 11 that the 30-year fixed-rate mortgage averaged 3.21% for the week – up three basis points from the week before. […]