The average 30-year U.S. mortgage rate rose to 6.51%, its highest in nearly nine months, driven by factors like the Iran conflict and rising oil prices. The 15-year fixed rate also increased to 5.85%. Higher rates reduce buyers' purchasing power, slowing home sales and mortgage applications. Adjustable-rate mortgages gained popularity as home prices and listings improve in some regions, offering opportunities despite rising costs.
Understanding Florida’s Homestead Exemption: A Guide for New Homebuyers in Miami-Dade and Broward
Buying a new home is an exciting milestone, but it comes with its own set of financial considerations. For residents in Miami-Dade and Broward counties,
August 10, 2026
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