Tagged: residential mortgages

Signs Of Cooling Home Market Are Accelerating

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The lack of market competition and sellers dropping their prices are picking up pace. Meanwhile, home buying has never been more expensive. For the week ending June 16, 30-year mortgage rates rose to 5.78%—the highest level since November 2008, and the largest one-week increase since 1987. CLICK ON THE HEADLINE FOR MORE

More South Floridians Ready To Buy Homes

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In a survey by TD Bank, twenty-eight percent of the respondents surveyed between Jan. 26 to Feb. 3 said they are very or extremely likely to purchase a home in the next year or so, compared with only 9 percent in 2014 and 11 percent in 2013. CLICK ON THE HEADLINE FOR MORE