
July Rates Could Follow House Prices Down
Mortgage rates may continue to gradually decline in July on falling inflation. But even if rates fall, it doesn't mean homes will become affordable for everyone.
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Florida Homeowners' Premium Growth Slows
Legislative reforms and a cooling inflation are beginning to have a positive impact on the state’s home insurance market, the Insurance Information Institute found.
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Market for Newly Built Homes Slows
Builders are slowing the pace of new home construction. Single-family housing starts declined in May for the third straight month to the slowest pace since October.
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Home Buyer Opportunities Appear to be Opening
“The market is at an interesting point with rising inventory and lower demand,” NAR’s Chief Economist Lawrence Yun said.
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