Fed Fights Inflation: Boosts Interest Rates 1/4 Point
The expected interest-rate increase will raise short-term borrowing costs for things like credit cards, and it often has an indirect impact on mortgage rates.
As Refi Loans Decline, Equity Lines of Credit Rise
Refinancing has allowed homeowners to tap into built-up equity. If interest rates rise, however, a Home Equity Line of Credit (HELOC) may make more sense.
Is the Starter Home Gone for Good?
Thanks to tight inventory and competition from institutional investors, more first-time buyers set their sights on larger homes with lots of backyard space.
Builders’ Confidence Dips Four Months in a Row
The index that measures home builders’ attitudes fell below 80 for the first time since last Sept., largely due to supply issues and interest-rate expectations.
Judge Approves Receivership for Property Insurer
A judge named a receiver for Tampa-based property insurer Avatar Property & Casualty Insurance Co. for “purposes of liquidation.” Avatar has 37K policies.
Finding Sellers: Desperate Times, Desperate Measures
One Orlando agent entices past clients with a monthly gift basket so they have “no choice” but to remember her. Another has a sales pitch for all fellow dog walkers.