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FAU study: Market overheated but buyer demand still high

BOCA RATON, Fla. – Jan. 18, 2019 – National housing prices as a whole are slightly overheated and residential real estate markets are experiencing minimal downward pressure on the demand for homeownership, according to a new study from faculty... Read more

Mortgage rates steady: 30-year at 4.45% for second week

WASHINGTON (AP) – Jan. 17, 2019 – U.S. long-term mortgage rates held steady this week, after falling for six straight weeks to reach their lowest levels in nine months. Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year... Read more

Lower interest rates stabilize builder confidence

WASHINGTON, Jan. 16, 2019 – Buoyed by falling mortgage rates, builder confidence in the market for newly-built single-family homes rose two points to 58 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). ... Read more

Hurricane Michael’s insured losses top $5 billion

MEXICO BEACH, Fla. – Jan. 15, 2019 – A little more than three months after Hurricane Michael smashed through parts of Northwest Florida, estimated insured losses have topped $5 billion, according to numbers posted Monday on the state Division ... Read more

Florida Realtors seeks student scholarship winners

ORLANDO, Fla. – Jan. 14, 2019 – Do you have kids currently in college, or maybe one who is about to graduate high school? Do your clients? Be sure to share the news about the Student Scholarship Program offered through Florida Realtors® Ed... Read more

Fed unlikely to raise rates for at least a few months

WASHINGTON – Jan. 11, 2019 – The Federal Reserve's December meeting minutes suggest that interest rate hikes are unlikely in the next several months because policymakers want some time to gauge the economic effects of recent market instabi... Read more

Fed chief: We’ll be ‘patient’ hiking interest rates

WASHINGTON – Jan. 8, 2019 – Despite the latest jobs report indicating the U.S. economy remains on solid footing, Federal Reserve Chairman Jerome H. Powell gave anxious financial markets some additional reassurance on Friday. Powell said the Fe... Read more

Mortgage rates slip again this week, hit 4.62%

WASHINGTON (AP) – Dec. 20, 2018 – U.S. long-term mortgage rates slipped this week, reflecting the stock market decline and rush by investors to Treasury notes. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30... Read more
Naylor Realty & Associates 
The Proven Professionals
776 Baldwin Ave. Suite B
Defuniak Springs, FL 32435
850-951-2488 Office
850-951-2188 Fax

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