
Mortgage Rates at Lowest Level in Months
Rates on 30-year mortgages fell to 6.63%, the lowest since April, from 6.72% last week, while 15-year rates dropped to 5.75% from 5.85%.
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Hurricane Forecasts Hold Steady
Experts still expect a busier-than-usual hurricane season, though they're less certain about the outlook. Warm ocean waters could lead to more storms ahead.
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New Construction Price Premium Hits All-Time Low
Newly built homes are more plentiful nationwide and a better value on a per-square foot basis, particularly in the South, Realtor.com said.
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Coastal Living Tied to Longer Life
New research shows people living within 30 miles of the ocean or gulf tend to live longer. Florida has the longest coastline in the continental U.S.
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