Average 30-year mortgage rate climbs to highest level in nearly a year
The average 30-year mortgage rate rose to 6.55% this week, Freddie Mac said. The increase is adding to borrowing costs and reducing purchasing power as inflation concerns push bond yields higher.Recent Posts
South Florida Dirt: Wynwood’s next evolution
Redfearn sells Palm Beach building for more than 2X last year’s price
Miami-Dade extends historic courthouse auction after striking out again in bid to offload building
Midtown buys Doral industrial portfolio for $86M as local businesses drive demand for smaller spaces
Nelson Peltz takes out another $30M mortgage on Palm Beach estate
Six busted in $6M Miami condo association fraud scheme
Inside South Florida’s billion-dollar convention center hotel building boom
Controversial industrial HQ project outside Miami’s UDB back for a vote
Rishi Kapoor sentenced to 11-plus years behind bars for $89M fraud scheme
Cortland sells multifamily complex for $208M as market oversupply shows signs of balancing
