Real Estate & Mortgage News
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Fannie Mae's economic forecast indicates that mortgage rates will remain volatile in 2025 due to ongoing inflation and trade tensions. The group expects rates to end 2025 at 6.6% and 2026 at 6.5%. The "lock-in effect" may persist, limiting home sales as high rates affect affordability. Home sales are projected to be 22% below 2019 levels, despite an upward adjustment in outlook due to...
Markets expect only 1.5 rate cuts in 2025, but economic forces suggest a far more aggressive easing ahead. Slowing job growth and potential layoffs could force the Fed to prioritize employment over inflation control....
Florida condo owners face rising costs due to new building safety laws and increased insurance premiums. Older condos (30+ years) and those over three stories are particularly affected by rising costs....
An economic blackout targeting large corporations could unintentionally harm small businesses crucial to local communities. The initiative urges consumers to stop discretionary spending at major retailers, which might also impact independent shops vital to local economies. Small business owners emphasize their community support role compared to large corporations. Future plans involve targeted week-long...
Despite tariff fears and government upheaval, the Fed's interest rate plans remain cautious and unchanged. Fed Governor suggests possible rate cuts later, but inflation risks require a gradual approach....
Consult a REALTOR®: A local agent helps price your home correctly and attract potential buyers. Complete Repairs: Fix any outstanding issues, like leaky faucets or worn-out flooring, for a polished look....
Spacious 2-bed, 1.5-bath townhome in River Club Townhouse Condo, along the Miami River! Features an open living & dining area, updated kitchen, private fenced yard with astro turf & large porch. Includes 1 assigned + 1 guest parking. Investor-friendly: Rent immediately, corporate ownership OK! Prime location: Minutes to River Landing Shops, Sewell Park,...
In 2025, approximately 11,400 Americans will turn 65 daily, marking a significant retirement wave. Research by SmartAsset identified 15 U.S. cities with the highest populations of those aged 55 to 64, indicating where retirements will surge. Notably, six of these cities are in California, which is among the most expensive states. Cities like Pembroke Pines, Cape Coral, and Thousand Oaks are highlighted...