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Little Change in Long-Term Mortgage Rates

The FRM remained at 3.6% this week, but Freddie Mac’s annual survey took place largely before a stock market decline that might push rates lower by next week. WASHINGTON (AP) – U.S. long-term mortgage rates remained near historically low leve... Read more

1/3 of Buyers Could Save $2K by Mortgage Shopping

Study: In 2018, 34% of first-time buyers went with the first lender they contacted; 41% of repeat buyers did the same. But shopping around could save them money. WASHINGTON – According to a study by Fannie Mae, 34% of first-time homebuyers in 2018 ... Read more

Senate Bill Would Offer Owners $5K for Storm Mitigation

Citing the Florida Building Code as evidence that every $1 spent fortifying property saves $6 in post-storm damage, the “Shelter Act” proposes a tax credit for building mitigation efforts. WASHINGTON – With more people living in vulne... Read more

Federal Reserve Cuts Interest Rates: Will It Help Buyers?

The small cut isn’t expected to have a big impact on real estate, but it could trigger a slight rate decrease in adjustable rate loans and maybe fixed-rate loans. WASHINGTON – The Federal Reserve on Wednesday cut interest rates for the first ... Read more

Happy Floridians: July Consumer Sentiment Up 3.7 Points

Consumers felt better in both the short- and long-term measurements, suggesting optimism for the future and content in the present. GAINESVILLE, Fla. – As the U.S. entered its longest economic expansion in its history, consumer sentiment among Flor... Read more

U.S. Consumer Confidence Surges in July

While confidence took a small hit in June (124.3), it rose 11.4 points this month to 135.7, and results should “continue to support robust spending in the near-term.” BOSTON – The Conference Board Consumer Confidence Index rebounded 11.... Read more

Florida Growth to Top 300,000 People Each Year

Fla. will continue growing by more than 330,000 people per year (906 per day) and top 22 million residents by 2022, according to a report by state economists. The rate is equivalent to adding a city population larger than Orlando each year. TALLAHASSEE, ... 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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