Mortgage Rate Drops After Four-Week Climb

The average rate on a 30-year and 15-year fixed-rate mortgages dropped this week and applications rose for the first time in six weeks, a Freddie Mac economist reported.

Housing Shortage Critical Near Fla. Military Bases

Santa Rosa County officials, military leaders and others say housing shortages near Florida military bases are concerning. One official said it creates “readiness problems.”

White House Launches Affordable Housing Programs

The White House announced increased funding FHA-insured loans and programs to build and preserve affordable housing units, including manufactured homes.

Redfin: Housing Supply Ticked Up in February

Home touring activity increased, mortgage-purchase applications are up and three Florida cities saw huge gains in new listings in the four weeks ending March 3, a new report showed.