Today’s News August 22, 2019
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- Florida Realtors Honors Christine Hansen as 2019 Realtor of the Year
Florida Realtors named Christine Hansen, 2018 president, its 2019 Realtor of the Year at a ceremony held during the association’s Convention & Trade Expo taking place in Orlando. Barbara Jordan was named Associate Realtor of the Year.
- $248M Settlement Reached with Chinese Drywall Maker
Toxic drywall damaged homes in Fla. and other states ten years ago, and a proposed settlement was finally filed with one supplier, Taishan Gypsum Co.
- Forget Millennials — Gen Zs Are Old Enough to Buy a Home
About 14 million Gen Z consumers 18 or older are taking out credit – including some mortgages – according to the latest TransUnion Insights Report.
- Gov. DeSantis Sees Clean-Water Momentum — Wants More
During an appearance in Bonita Springs, Gov. Ron DeSantis told clean-water advocates to keep pressing the Fla. Legislature to pass conservation measures in 2020.
- Long-Term Mortgage Rates Near Historic Lows — 30-Year 3.55%
Freddie Mac said Thursday that the average rate on the 30-year loan declined to 3.55% from last week’s 3.60%. One year ago, the rate was 4.51%.
- Fannie Mae Prediction: Two More Interest Rate Cuts in 2019
The Federal Reserve hasn’t hinted at any new short-term interest rates cuts, but a Fannie Mae analysis suggests two more over the next four months.
