Rates on 30-year mortgages rose to 6.54% from 6.44% last week, Freddie Mac said. Borrowing costs on 15-year fixed-rate mortgages rose to 5.71% from 5.63%.
To ensure you make the best decision, conducting thorough research on three key aspects: the neighborhood, the property’s condition and the landlord’s credibility.
Wealthy buyers are continuing to invest in Florida's luxury home market. Data from Douglas Elliman shows price increases and higher sales volumes in Q3 2024.
Nearly 360,000 insurance claims have been filed in Florida due to Hurricanes Milton and Helene, mostly from residential properties in the hardest-hit areas.
With mortgage rates dipping, owners can explore lowering payments or using home equity. Experts advise weighing costs, future plans and consulting a financial pro.