
Mortgage Rates Surge to 7-Month Highs
Mortgage application activity continued to move higher last week, though the pace slowed considerably as financial markets turned volatile and mortgage rates moved back up from their recent lows. The Mortgage Bankers Association (MBA) reported an increase of 3.2% on a seasonally adjusted basis for t
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Single-Family Construction Softens in January
January housing starts moved higher on multifamily gains, while single-family activity weakened as affordability and construction costs continued to weigh on builders.
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Where $400K Buys the Most Space in Florida
Buying power varies across Florida. Jacksonville buyers get the most space, while Miami buyers get far less due to higher price-per-square-foot costs.
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Congress Moves Forward on Housing Reform
A broad housing bill passed the U.S. Senate to boost supply and curb investor activity. The measure now returns to the House before it could reach the president.
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