Average 30-Year Mortgage Rate Rises to 6.94%
That’s up from 6.90% last week, marking the 4th straight weekly increase. Rates have been creeping higher as reports show stronger-than-expected inflation.
Pending Home Sales Receded 4.9% in January
NAR: Pending sales were down 8.8% year-over-year. Chief Economist Yun noted that “consumers are showing extra sensitivity to changes in mortgage rates.”
Make a Difference on a Florida Realtors Committee
Volunteer now for a 2025 Florida Realtors committee. You’ll help guide the state real industry forward as you represent the interests of 238K Realtor members.
Protect Trademark Rights in Your Brand
Real estate branding helps you create and grow a recognizable identity. Protect your brand from infringement by registering it as a federal trademark.
Inflation Gauge Up 0.3% Month-to-Month in Jan.
However, showing the smallest such increase in nearly three years, consumer prices were up just 2.4% from a year earlier, down from a 2.6% annual pace in Dec.