A FHA 203(k) loan allows borrowers to roll upgrade costs into their first mortgage. HUD says loan-change proposals will help “millions of homebuyers and homeowners.”

It’s the lowest rate for a 30-year, fixed-rate mortgage since Sept. Freddie Mac calls it an “encouraging development” for buyers as the market sentiment shifts.

Personal Consumption Expenditures – a closely watched measure of inflation – showed signs that price increases are slowing, making a Fed rate hike less likely.

Brokers and associates take note: Referrals – a lead you give to agents outside your area in return for a fee – are a great way to make extra money, but Florida law has clear guidelines on how you can legally receive a payment.

An MLS director wants recommendations for things to do by the end of 2023, and one task they should consider is confirming a required notice has been done.

Florida Realtors Legal Hotline often tells callers that their situation requires the services of a lawyer. But how do you find a lawyer? And how can you be sure you hired a good one?

For the second month in a row, private insurers took more than 90,000 policies from the Citizens Property Insurance Corp., the state-run “insurer of last resort.”

U.S. consumer spending – coupled with easing inflation and resilient hiring in the third quarter – raises hopes for a soft landing to offset a possible recession.

For a one-unit Single Family Title II forward mortgage, the base limit will be $498,257 and go as high as $1,149,825 in selected areas of Fla.

Federal Reserve Gov. Christopher Waller signaled confidence in the slowing economy, saying inflation is slowly moving in the right direction.

Fla.’s business rent tax, now 5.5%, drops to 4.5% on Friday. Florida Realtors advocates for a complete elimination of the tax and sees this step as a significant victory.

Every agent goes after low-hanging fruit – successful ones climb the tree. Try hosting a how-to webinar, increasing virtual networking or creating custom graphics.

After three monthly declines, the measure of Americans’ attitudes increased to 102.0 in Nov. from Oct.’s 99.1, largely due to an upswing in attitudes about the future.

A phone has the capacity to take a great picture if the person behind the phone knows what they’re doing. Lighting, layout and editing can be critical concerns.

For the second month in a row, Floridians’ attitudes about their current situation rose – and their outlook for the future moved a bit higher too.

For the third quarter (3Q), home prices rose 5.5% year-to-year and 2.1% quarter-to-quarter as a dearth of listings pushed the rate of price increases even higher.

In 2024, a conventional mortgage in most parts of Fla. (except Monroe County) will have a loan limit of $766,550, an increase of $40,350 from 2023’s $726,200.

Does a law limiting property insurance lawsuits apply to policies from before it went into effect? Appeal courts disagreed and the Fla. Supreme Court may decide.

The Sarasota Chamber brought local leaders in to discuss the housing shortage after 73% of local businesses said it affects their ability to recruit and retain workers.

To measure housing-cost inflation, the Consumer Price Index uses “the current cost to rent the house you own,” even though many mortgage payments won’t change.