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Mortgage rates fall slightly – 30-year at 4.85%

WASHINGTON (AP) – Oct. 18, 2018 – Long-term U.S. mortgage rates dipped slightly this week, taking a pause after weeks of steady increases stoked by rising interest rates. Home borrowing rates remain at their highest levels in more than seven ... Read more

Zero-down loan program aims to expand mortgage access

MIAMI – Oct. 16, 2018 – A new effort is underway to raise the low homeownership rate among underserved groups of homebuyers. The Neighborhood Assistance Corp. of America (NACA) is hosting several events across the country to help borrowers wi... Read more

State freezes insurance rate increases after Michael

TALLAHASSEE, Fla. – Oct. 15, 2018 –Gov. Rick Scott directed the state's top insurance regulator to freeze potential property-insurance rate increases for 90 days as homeowners and businesspeople grapple with massive damage from Hurricane M... Read more

ATTOM: Foreclosures sink to 13-year low

IRVING, Calif. – Oct. 12, 2018 – Foreclosures are disappearing from most community listings. Foreclosure filings – default notices, scheduled auctions, or bank repossessions – fell 6 percent in the third quarter and dropped to thei... Read more

Hurricane Michael strikes Fla. – Realtors ready to help

NORTHWEST FLORIDA – Oct. 10, 2018 – Warm Gulf of Mexico waters fed Hurricane Michael as it grew overnight Tuesday to a strong Category 4 hurricane before slamming the Panhandle and leaving a trail of damaged homes and businesses in its wake. ... Read more

U.S. unemployment rate falls to 49-year low of 3.7%

WASHINGTON (AP) – Oct. 5, 2018 – The U.S. unemployment rate fell to 3.7 percent in September – the lowest level since December 1969 – while hiring slowed. Employers added just 134,000 jobs, the fewest in a year, the Labor Departme... Read more

Mortgage rates edge lower – 30-year rate at 4.71%

WASHINGTON (AP) – Oct. 4, 2018 – Long-term U.S. mortgage rates edged slightly lower this week, taking a pause after five straight weeks of increases. Costs for would-be homebuyers have been climbing, and the key 30-year rate has been running ... Read more

Fla. homeowners’ equity increased by $1.50 per hour

ORLANDO, Fla. – Oct. 2, 2018 – The average Florida homeowner saw a $13,009 year-to-year equity gain in the second quarter, which is slightly less than the national average of $16,200, according CoreLogic. Overall, Florida home equity appreciat... Read more

U.S. construction rises a slight 0.1% in August

WASHINGTON (AP) – Oct. 1, 2018 – Spending on U.S. construction projects edged up a slight 0.1 percent in August as a strong gain in government spending offset weakness in home building and nonresidential construction. The Commerce Department ... 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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