As we head into the holidays there is welcome relief from the mortgage markets with 30-year fixed rate mortgages averaging just 6.27%. This is the 6th straight week the 30-year rate has dropped since peaking just above 7% in November. With housing inventory on the rise throughout South Florida and the busy winter season almost here, lower interest rates should help those buyers who are struggling with housing affordability.
February 1st, 2024 Mortgage rates dropped again this week reaching the lowest rate we’ve seen since May of 2023. The 15 year fixed rate mortgage
Mortgage rates trended down for the third straight week as new data indicates inflationary pressures are receding. The consumer price index slowed to 3.2% in
Since reaching 7% last November, 30-year fixed rates have slowly ticked down and have hovered just above 6% for the past month. Buyers seem to
Median Sale Prices at Record Highs for both Single Family and Condos March is always a busy month for our
Median Sale Prices at Record Highs for both Single Family and Condos February sales volume was up month over month
Inventory Levels Are the Highest in Years for Ocean Access Homes The winter season is upon us in South Florida
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