Mortgage purchase applications have dropped 35% since 2019, with the housing market frozen amid rising mortgage rates, now averaging 6.43% for 30-year fixed loans. Home resales have fallen 23% annually since 2019, while housing supply has surged to multi-year highs. Refinancing applications spike briefly when rates dip but remain low overall due to upfront costs and breakeven considerations, indicating weak demand ahead.
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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