High Volatility Keeps Rates in Mid‑6% Range

High Volatility Keeps Rates in Mid‑6% Range

As of Thursday, May 7, 2026, I’m seeing a bit of breathing room for homebuyers and homeowners alike. The 30-year fixed mortgage rate has nudged down to 6.26%, a welcome drop of... Read more »
High Volatility Keeps Rates in Mid‑6% Range

Inflation Pushes 30‑Year FRM to One‑Month High

As of today, May 5, 2026, we’re seeing long-term fixed mortgage rates tick up to a one-month high. This isn’t a shock, given everything that’s been happening in the economy, but it’s... Read more »
Demand Rises As Mortgage Rates Retreat From April High

Demand Rises As Mortgage Rates Retreat From April High

Pending home sales posted their biggest annual gain in six weeks and new listings rose for a second consecutive week during the four weeks ending April 26, according to Redfin. Pending home... Read more »
Office Delinquencies Near Record High in March

Office Delinquencies Near Record High in March

Fitch Ratings’ overall U.S. CMBS delinquency rate increased 15 basis points to 3.43% in March from 3.28% in February, driven by a surge in new large-balance office delinquencies that outpaced resolutions. The increase was... Read more »
Average Mortgage Payment Hits Historic New High, Topping K

Average Mortgage Payment Hits Historic New High, Topping $2K

Homeowners faced a sticker shock at the end of 2025 as the average monthly mortgage payment topped $2,000 for the first time—a historic milestone reflecting the combined pressure of high home prices... Read more »
Billions in Income Fled New York—So Why Are Many High Earners Still Renting in South Florida?

Billions in Income Fled New York—So Why Are Many High Earners Still Renting in South Florida?

South Florida didn’t just win the COVID-19 pandemic-era migration boom; it hit the jackpot. As money drained out of old strongholds like New York, the Sunshine State netted $20.65 billion in annual... Read more »
Mortgage rates rise as Treasury yields hit 8-month high

Mortgage rates rise as Treasury yields hit 8-month high

The sharp upward movement in rates in a short period is eye-catching, but mortgage professionals say there’s no reason to panic as market conditions remain relatively healthy and affordable. ‘Natural, balanced market’... Read more »
High Volatility Keeps Rates in Mid‑6% Range

30-Year Fixed Rises to 6.31%, a Six-Month High

If you’re thinking about buying a home or refinancing an existing mortgage, you’ve probably been keeping a close eye on interest rates. As of Sunday, March 22, 2026, today’s mortgage rates have... Read more »
South Florida Million-Dollar Home Sales Surge to an All-Time High, and This Celeb-Studded County Leads the Way

South Florida Million-Dollar Home Sales Surge to an All-Time High, and This Celeb-Studded County Leads the Way

South Florida’s luxury real estate is booming, with million-dollar home sales climbing at their fastest pace in nearly two decades and Palm Beach County leading the way. Year-to-date sales of million-dollar homes... Read more »
High Volatility Keeps Rates in Mid‑6% Range

Rates Hit 6-Month High, 30-Year Fixed Rises to 6.31%

If you’re looking to buy a home or refinance an existing mortgage, you’ve probably noticed that borrowing money has gotten more expensive. On Saturday, March 21, 2026, mortgage and refinance interest rates... Read more »