Mortgage Rates Hit Lowest Level in Over a Year
The rate on 30-year mortgages dropped to 6.17% from 6.19% last week, while the rate on 15-year mortgages fell to 5.41% from 5.44%, Freddie Mac said.
Florida Realtors Strengthens Japan Connection
Pres. Weisheyer met with the Japan-America Real Estate Coalition in Tokyo this week – the agreement opens more opportunities for Realtors in both countries, he says.
Fed Chair Cautious on December Rate Cut
Jerome Powell said another rate cut at the Fed’s December meeting “is not a foregone conclusion,” citing uncertainty from the shutdown and mixed data.
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