– Mortgage rates rise for fourth straight week – hit 4.22% Rates on 15-year, fixed-rate and five-year adjustable-rate mortgages hit their highest level since 2011 as lending standards continue to tighten. Court OK's some marketing service agreements CFPB, the government consumer bureau behind tighter mortgage lending rules, was wrong...
– NAR: Dec. pending home sales manage to rise 0.5% Despite a lack of inventory, U.S. pending home sales still managed to move a bit higher, though NAR expects tax law changes to impact higher-cost areas in 2018. Remind buyers to unfreeze their credit Following the Experian data breach,...
– Florida consumer sentiment soars entering 2018 UF: Consumer sentiment among Floridians started the year at its highest level in 16 years, up 2.3 points in Jan. to 99.8 from a revised Dec. figure of 97.5. Fla.'s Hardest-Hit Fund program expires Wednesday The state’s program to help owners facing...
– Protecting clients' privacy is good for business For legal and ethical reasons, it’s important to protect clients’ privacy – but it’s also good marketing since 81% feel they’ve lost control over personal data. The 'State of the (Housing) Union' address To coincide with the president’s “State of the...
– Mortgage rates rise for third straight week The 30-year fixed-rate mortgage broke the 4% level last week and hit 4.15% this week, lifted by expectations of faster economic growth. New home sales tumble 9.3% in December Harsh winter weather took its toll on Dec. new-home sales. Economists predicted...
– Fla. housing market: Sales, median prices rise in Dec. 2017 Florida Realtors data: Inventory remained tight with single-family sales up 2.6% over a year ago, median price up 8%. Condo sales up 6%, median price up 7.8%. Puerto Rico awaits foreclosure wave as moratoriums expire A three-month moratorium...
– Tax reform creates new affordable housing challenges Affordable housing builders rely on federal credits for funding, but those credits go down under tax reform. Experts say it will impact construction. Flood insurance extended but prepare for more shutdowns Congress ended the government shutdown and extended the national flood...
– Does a house have good bones? Who built it? If you list a home built by Taylor Morrison, note that in the listing. The latest “most trusted builder” survey ranked the company No. 1 for consumer trust. Spread the word: Apply for student scholarships Time is short for...
– Mortgage rates rise: 30-year hits 4.04 percent Time to buy? Fence-sitters starting to fear rising rates Mortgage applications for refinancings and home purchases surged 4.1% last week, even though rates went up, not down because more consumers are concerned that a record-long run of low mortgage rates may...
– Florida report: 2017 Profile of Home Buyers and Sellers What does the typical Fla. buyer or seller look like? Only 1 in 5 (22%) of buyers are first-timers compared to 34% in U.S., and they’re typically 45 years old. Sellers average 60 years and make about $96.5K annually...
