
Mortgage Rates End Week Slightly Lower
Mortgage applications declined last week, reversing some of the prior period’s gains as rates climbed to their highest level in a month. The Mortgage Bankers Association (MBA) reported a 4.4% decrease on a seasonally adjusted basis for the week ending May 1. The decline was broad-based, with both pu
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Newly Built Home Sales Pick Up in March
Buyers turned to new builds in March as existing-home inventory stayed limited and mortgage rates eased slightly.
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Mortgage Rates Climb on Inflation Worries
Rates on 30-year mortgages rose to 6.37% from 6.3% last week, returning to levels seen a month ago. Rates on 15-year mortgages rose to 5.72%.
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Florida Tops Real Estate Economy Rankings
Real estate made up more than 25% of Florida’s economy in 2025, the highest share in the nation, according to a new NAR report.
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