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Daily Archives: June 18, 2025

Fed Leaves Key Interest Rate Unchanged

Florida RealtorsBy GaryJune 18, 2025

Federal Reserve officials expect inflation to rise but still anticipate two interest rate cuts by the year’s end. Interest rates impact mortgage rates.

Mortgage Rates See Third Weekly Decline

Florida RealtorsBy GaryJune 18, 2025

Rates on 30-year mortgages fell to 6.81% from 6.84% last week, while 15-year mortgage rates eased to 5.96% from 5.97%, mortgage buyer Freddie Mac said.

Easy Furniture Updates To Get Guest-Ready

Florida RealtorsBy GaryJune 18, 2025

Simple furniture swaps, like a new chair, bench or coffee table, can refresh a home for summer guests and gatherings with no renovations needed.  

How Much House Can I Afford?

Florida RealtorsBy GaryJune 18, 2025

Before you start house hunting, use tools and formulas to estimate how much house you can afford.

New Home Purchase Mortgage Apps Down in May

Florida RealtorsBy GaryJune 18, 2025

New home purchase mortgage applications fell 4.5% year-over-year in May, with estimated sales down 12.1% from April, the MBA said.

May Housing Starts Dip as Multifamily Slows

Florida RealtorsBy GaryJune 18, 2025

Housing starts fell 9.8% in May, driven by a sharp drop in multifamily construction, while single-family starts were mostly flat amid ongoing market pressures.

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