NAR Unveils Flood Disclosure Tracker
FEMA wants a mandatory flood disclosure form from states that plan to participate in national flood insurance, but NAR’s study shows that a disclosure isn’t needed.
Investor Buys Drop Over 40% in Some Sunbelt Metros
In No. 2 Jacksonville, they dropped 48.2% in 3Q and over 40% in 3 Fla. metros, but W. Palm Beach saw only a 7.6% drop, Miami was down 14% and Fort Lauderdale, down 19.1%.
Mortgage Rates Drop for 2nd Week, Go to 7.5%
It’s a notable drop from last week’s 7.76% for a 30-year, fixed-rate mortgage, due in part to a drop in bonds after the Fed’s decision to keep interest rates the same.
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