Long-Term Mortgage Rates Fall to 7.22%

It’s the lowest rate for a 30-year, fixed-rate mortgage since Sept. Freddie Mac calls it an “encouraging development” for buyers as the market sentiment shifts.

Inflation: Fed’s Preferred Gauge Finds Improvement

Personal Consumption Expenditures – a closely watched measure of inflation – showed signs that price increases are slowing, making a Fed rate hike less likely.

Making Referral Money? Fla. Law Oversees How It’s Done

Brokers and associates take note: Referrals – a lead you give to agents outside your area in return for a fee – are a great way to make extra money, but Florida law has clear guidelines on how you can legally receive a payment.

Dear Shannon: An End-of-Year MLS Update

An MLS director wants recommendations for things to do by the end of 2023, and one task they should consider is confirming a required notice has been done.