
Adjustable-Rate Mortgages Making Comeback
About 10% of mortgage applications are now for adjustable-rate mortgages, above the 2010s levels, with longer intro rates and tighter borrower screening.
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Mortgage Rates Fall: Is It Enough for Buyers?
With rates declining last week and mortgage applications for home purchases up, there's hope on the horizon for slow markets, NAR said.
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Builder Confidence Plateaus in August
High mortgage rates, weak buyer traffic and supply challenges kept builder sentiment low, with price cuts and sales incentives remaining common, the NAHB said.
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Florida Home Insurer Wants Steep Rate Decreases
Florida Peninsula is seeking its largest-ever rate cuts: 8.4% for homeowner policies and 12% for condo policies, possibly starting Oct. 31 if regulators approve. Â
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