Mortgage Rates Again Push Close to 7%
The average rate on a 30-year, fixed-rate mortgage rose for the third week in a row, hitting 6.96% – up from last week’s 6.81% and 6.71% the week before.
State-Run Citizens Heading Toward 1.7M Policies
Fla.’s “insurer of last resort” is the first resort for more and more homeowners. The company hopes to reverse that trend through a series of changes, including a rate hike.
U.S. Rents Lower but Only by $24 a Month
The drop compares to rents’ record high in August 2022. But instead of lowering rents, many landlords have offered perks like one-month free or cheaper parking.
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