Home Buying

Mortgage Rates Rise as Spring Activity Builds

The average 30-year mortgage rate rose to 6.46% from 6.38% last week, while costs on 15-year fixed-rate mortgages increased to 5.77% from 5.75%. WASHINGTON — The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home shoppers in the midst of the … Read more

Report: Earlier Homebuying Builds More Wealth

Homebuyers who purchase earlier gain more equity over time, leading to a $119K net worth gap by age 50 compared to those who wait. NEW YORK — Buying a first home at a younger age can significantly boost long-term wealth, with early purchasers gaining a six-figure advantage over those who wait, according to a new … Read more

Spring Listing Moves That Attract Higher Offers

NEW YORK — Every spring, thousands of homeowners list with the same goal: Sell quickly and walk away with the highest possible price. But in the busiest season of the year, strong demand alone doesn’t decide the outcome. The difference between a good sale and a great one often comes down to a handful of … Read more

Lead-Safe Certification: What to Know

Property managers and contractors working in pre-1978 homes may need EPA certification. Recent guidance clarifies who can be held liable. ORLANDO, Fla. – Federal law requires all renovation, repair and painting firms that work in housing or facilities where children are routinely present built prior to 1978 be certified. In Florida, this law is enforced … Read more

Florida’s First-Time Buyers Embrace Co-Buying

With home prices up, more buyers are partnering with friends to afford a home. Experts urge clear planning and legal agreements. MIAMI – Shared homeownership isn’t new, but who’s doing it is. As prices surge, more first-time buyers are turning to friends to afford a home. According to the National Association of Realtors®, home prices … Read more

RE Q&A: What Should New Buyers Prioritize?

By skipping the perfect-home myth, first-time buyers can focus on budget, condition and location, and choose a home and neighborhood that truly fit how they live. FORT LAUDERDALE, Fla. — Question: My partner and I have been together for a few years and have been living in a rented house. It’s time for us to … Read more

Can Betting Markets Forecast Home Prices?

New prediction markets let users trade on where home prices are headed, sparking debate over whether crowd sentiment can meaningfully inform housing decisions. NEW YORK – Prospective home buyers and sellers traditionally rely on familiar signals — days on market, inventory levels and recent sale prices — to judge where prices may be headed. Now, … Read more

Mortgage Rates Tick Up, Hold Near 2025 Low

Rates on 30-year mortgages rose to 6.16%, up from 6.15% last week, while 15-year rates rose to 5.46% from 5.44%. WASHINGTON — The average rate on a 30-year U.S. mortgage edged higher this week to just above its 2025 low. The average long-term mortgage rate rose to 6.16%, mortgage buyer Freddie Mac said Thursday. That’s … Read more

Mortgage Rates Remain Near Yearly Low

The average rate on 30-year mortgages slipped to 6.21% from 6.22% last week. Rates on 15-year mortgages averaged 5.47%, down from 5.54% last week. WASHINGTON – The average rate on a 30-year U.S. mortgage edged lower this week, staying relatively close to its low for the year. The decline brings the average long-term mortgage rate … Read more

First-Time Buyer Mistakes to Avoid

First-time buyers can overlook steps that add real costs, from skipping pre-approval to underestimating expenses and making credit moves before closing. NEW YORK – Buying your first home is exciting and, let’s be honest, a little overwhelming. Between mortgage terms, bidding wars and market pressure, it’s easy to overlook key steps or make snap decisions. … Read more