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- Average 30-Year Mortgage Rate Climbs This Week April 18, 2024The average rate on a 30-year mortgage rose to 7.1%, the highest level since late November. The average rate for 15-year fixed-rate mortgages rose to 6.39%.amyc
- Financial Literacy for Informed Decisions April 18, 2024Making a big purchase, like a home, requires financial knowhow that’s not often taught in school. Learning the basics can help avoid poor decisions.amyc
- Fla. Market: Listings, Median Price Up in March, 1Q April 18, 2024Single-family median sales prices are up 3.9% over March 2023 and new listings increased 7.7%. The condo-townhouse median prices increased 3.1%.amyc
- Sluggish Start to U.S. Spring Homebuying Season April 18, 2024Home sales fell in March with rising mortgage rates, analysts said. The supply of homes on the market remains below the historical average.amyc
- 5 Signs It’s Time to Renovate April 18, 2024Renovations can increase a home's value and make it a more comfortable living space. One of the signs it's time to renovate could be the age of the home.amyc
- Florida Sets Aside 28,000 Acres for Conservation April 18, 2024The state purchased land, some previously slated for development, in Collier and Polk counties to protect links to conservation areas.amyc
- Florida Home Values Skyrocket April 17, 2024The average Florida home value doubled in six years. Tampa and Miami tied for having the third-fastest price doubling among large U.S. cities.amyc
- Rents Stabilizing, Affordability Challenging April 17, 2024Researchers said rent prices nationwide are becoming more balanced. In some areas of Florida, rental costs have declined slightly.amyc
- Tips for Locking In Lower Mortgage Rates April 17, 2024With mortgage rates hovering in the 6% to 7% range, many new buyers are looking for creative ways to save money. Temporary buydowns may be the answer.amyc
- What Not to Do After a Mortgage Preapproval April 17, 2024Don’t jeopardize your chances of getting your dream home after getting preapproved for a mortgage by taking out new lines of credit or other missteps.amyc
- Fed’s Powell: Rate Cuts Likely Delayed This Year April 17, 2024If inflation continues, long-anticipated interest rate cuts may not happen this year, the Federal Reserve chair said. Interest rates influence mortgage rates.amyc
- U.S. Consumer Sentiment Falls Slightly April 17, 2024One economist said gas prices likely contributed to the decline. Most expect consumer spending to remain healthy as long as the job market holds steady.amyc
- Fannie Mae, Freddie Mac Clarify IPCs April 16, 2024Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.amyc
- Housing Starts, New Permits Fall in March April 16, 2024New home construction starts fell 14.7% in March and overall permits are down by 4.3%. Headwinds will likely persist through April, analysts said.amyc
