The average rate on 30-year mortgages fell to 6.20% from 6.35% last week. A year ago, it was 7.18%. Rates on 15-year mortgages fell to 5.27% from 5.47%.

Falling mortgage rates have pushed the median U.S. housing payment down near its lowest level since January. Pending home sales have yet to improve.

A Fed rate cut, expected in mid-September, could boost the housing market by indirectly lowering mortgage rates. Lower rates could stimulate supply and demand.

There’s disagreement about whether the sports craze is a benefit for home sales, with some saying the noise hurts property values.

Most buyers need a score of 620 or above to qualify for a conventional mortgage. FHA loans could get approval with a score as low as 500.

Although the 2024 homebuying season was relatively slow, this fall is poised to bring lower mortgage rates and more for-sale inventory, Realtor.com said.

Only 19% of baby boomers think they could have afforded a home in a market like today's, yet 71% believe younger generations could if they didn't spend frivolously.

Three Florida cities out of 188 nationwide ranked among the highest for desirability, affordability, safety and public education.

The typical Realtor in Florida is female with nine years of experience and owns her own home, according to new research by Florida Realtors economists.

A cozy living space could include a soft rug, pillows and warm lighting. Aim to make the area feel warm and inviting without being overly complicated.

Borrowers can lower their mortgage payments by increasing their credit score, extending their loan term or getting rid of private mortgage insurance.

A Florida Housing Coalition report found a 122% increase in students identified as homeless in the last decade. The income-housing gap is widening. 

Consumers expect rates and home prices to decline in the coming year but they remain cautious about the market and affordability.

Homebuyers are falling victim to real estate wire fraud, in part due to lax cybersecurity and the complicated sales process. Many never recover their money.

Buyers looking for properties near the beach care about sand because it can impact their overall experience. Agents say high-quality sand is an economic asset.

Over 19,000 claims have been filed from Hurricane Debby, which made landfall in Taylor County on Aug. 5. Florida Realtors DRF is accepting applications until Feb. 5, 2025.

Helping your adult child purchase a home starts with an honest conversation. Find out if your child wants the help and if you can afford it.

Bathroom renovations don’t have to be messy and expensive. For quick changes, add a fresh coat of paint and install new fixtures.

The new residential contract riders address buyer credits (concessions) and compensation. Florida Realtors will host a Sept. 16 webinar to discuss the riders.

Wallethub ranked four Florida cities – Miami, Orlando, Fort Lauderdale and Tampa – as the best for retirement due to lower taxes and high-quality healthcare.