The rate on a 30-year mortgage fell to 6.77%, the lowest level since March, from 6.89% last week. Rates on 15-year fixed-rate mortgages fell to 6.05% from 6.17%. LOS ANGELES – The average rate on a 30-year mortgage dropped this week to a four-month low, a welcome decline in borrowing costs for prospective homebuyers grappling … Read more
Here’s a recap of what’s available from Florida Realtors – from new and revised forms to free educational webinars – to help you with the upcoming changes. ©Florida Realtors® Source link
CHICAGO – When decorating a home, poor planning for the size of the space, such as ordering a rug that’s too big or small, is a common mistake. B2C Furniture, a sustainable furniture firm, crunched social media data to identify the most common furniture mistakes young adults make when outfitting a home for the first … Read more
Experts say the Tampa-area phosphate plant leak poses an ongoing threat. There are about two dozen similar phosphate wastewater reservoirs statewide. ST. PETERSBURG, Fla. – Environmental groups and Florida regulators have settled a lawsuit over the 2021 leak of millions of gallons of polluted water from a phosphate plant reservoir into Tampa Bay, which triggered … Read more
As the industry closes in on changes resulting from the Sitzer-Burnett case, agents are looking for guidance. Brokers should be prepared to help. CHICAGO – Real estate is an evolving industry, and it is natural to have questions about how practice changes may impact you and your business. “While the industry adapts to the practice … Read more
While some practitioners see business challenges as a result of fewer home sales, others see opportunity. View highlights from NAR’s newly released 2024 Member Profile. CHIGAGO – Although existing-home sales last year plunged to their lowest level since 1995, real estate professionals remained committed to their business. Seventy-three percent of Realtors® say they’re “very certain” … Read more
Homebuyers on a $3,000 monthly budget have gained over $20,000 in purchasing power since mortgage rates peaked in the spring, Redfin found. SEATTLE – A homebuyer on a $3,000 monthly budget can afford a $447,750 home with a 6.85% mortgage rate, the daily average as of July 11, according to a new report from the … Read more
The average rate on a 30-year mortgage fell to 6.89% from 6.95% last week. Borrowing costs on 15-year fixed-rate mortgages fell to 6.17%. LOS ANGELES — The average rate on a 30-year mortgage fell slightly this week, a modest relief for home shoppers facing record-high home prices. The rate fell to 6.89% from 6.95% last … Read more
Mauricio Umansky, founder and CEO of the real estate agency The Agency in Los Angeles, said customer engagement is not a one-and-done proposition. NEW YORK – To truly connect online with an audience, real-estate professionals need to be authentically themselves, Mauricio Umansky, founder and CEO of the real estate agency The Agency in Los Angeles, … Read more
Hurricane experts added two named storms and a major hurricane to the already-busy hurricane outlook, citing warm sea surface temperatures. TALLAHASSEE — A day after deadly Hurricane Beryl pounded Texas, experts at Colorado State University on Tuesday increased their storm forecast for what was already expected to be an above-average hurricane season. The university’s Department … Read more
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