Mortgage Rates Jump Almost 1/4 Point – to 3.45%
The Fed announced it would tighten monetary policy more quickly, which pushed the 30-year, fixed-rate mortgage higher compared to last week’s 3.22%.
House Fire Deaths: Almost 50% Caused by Space Heaters
Fla.’s sporadic cold weather makes space heaters popular, but last weekend’s Bronx fire and 17 deaths serves as a warning: Use them with safety in mind.
Mortgage Delinquency Rate at Prepandemic Level
The number of homeowners who are late paying their mortgage (3.8%) is largely the same as it was before the pandemic began (3.7% in 2019).
2022 RE Trends: What’s Ahead for Fla. Real Estate?
If only there was a way to predict the future so you could prepare? There is. On Jan. 19, virtually and in-person, Fla. economists will unveil their 2022 predictions.
Fannie Announces Free Courses for New Homebuyers
The online service aligns with national course standards – the level first-time buyers need to qualify for some mortgage products, like low-down payment loans.
Americans Moving to Sun Belt States
Both U-Haul and United Van Lines listed Fla. as a top destination state. NAR’s chief economist credits affordability, job creation and lower taxes for the moves.
Swanepoel Power 200 List Includes Fla. Leaders
Congratulations Margy Grant, Merri Jo Cowen, Dionna Hall, Budge Huskey, Teresa King Kinney, Rei Mesa, Mike & Christina Pappas and Michael & Drayton Saunders.
CPI Says Rents Up 3%, Apartment List Says 18%
Why the disconnect? The Consumer Price Index looks at all U.S. rents, while other rent-increase calculations consider only the amount charged to new tenants.
Condo Q&A: What Happens to Unspent Money?
It may or may not be returned to owners. Also: What oversight rules will change due to the Surfside tragedy? Here’s what the Florida Bar recommends.
Citizens Ends 2021 with 759K Policies
The Fla.-owned “insurer of last resort” added 217K policies in a year. Lawmakers seek solutions, and a number of changes are being considered.