Mortgage Rates Head Higher Again, Rise to 7.18%
The 30-year, fixed-rate mortgage rose from last week’s 7.12%, in part due to fears of another Fed interest rate increase, but that appeared less likely on Thursday.
For Buyers and Sellers, AI Will Bring Less Stress
Buyers wary of a fixer-upper? AI not only redecorates, it will soon quote remodeling cost estimates, hire contractors and help users buy pieces of furniture.
Lower Rates May Not Help S. Fla. Buyers
Demand is so strong that high mortgage rates haven’t lowered home prices. And while “waiting for a lower rate” sounds good, it could make buyer demand even stronger.
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