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 be getting used to the new rate environment and have been very active throughout the winter season in South Florida. Freddie Mac’s Primary Mortgage Survey has 15-year fixed rates averaging 5.76% and 30-year fixed rates almost three quarters of a point higher at 6.39%.
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
30-Year Fixed Rate Approaches 6% Again Just in time for our peak winter season, mortgage interest rates have dropped down again for the third week
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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