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Average homeowner gained $12K in equity in 3Q

NEW YORK – Dec. 10, 2018 – Homeowners are still finding plenty of equity in their homes, but the gains are slowing. The average homeowner gained $12,400 in home equity between the third quarter of 2017 and the third quarter of 2018, according ... Read more

Millennials should take on debt before buying a home

NEW YORK – Dec. 5, 2018 – Millennials are financially cautious, and that could be making it harder for them to get low-cost loans or credit cards. Unlike older generations, many millennials are reluctant to take on new debt even as their fina... Read more

U.S. economy grew at brisk 3.5% annual rate last quarter

WASHINGTON (AP) – Dec. 3, 2018 – The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated. The Commerce ... Read more

Mortgage rates steady – 30-year still at 4.81%

WASHINGTON (AP) – Nov. 29, 2018 – U.S. long-term mortgage rates barely budged this week after marking the biggest drop in nearly four years a week earlier. Home borrowing rates remain much higher than they were a year ago. Mortgage giant Fred... Read more

Scammers targeting homes owned by older adults

SUNNYVALE, Calif. – Nov. 28, 2018 – Seniors are being targeted in a new real estate scam that tries to get them to sign over their home for far below market value. Mary Ann Welch, 70, shared with Capital Public Radio how she received a letter... Read more

Mortgage rates fell last week – 30-year hit 4.81%

WASHINGTON (AP) – Nov. 26, 2018 – U.S. long-term mortgage rates recorded the biggest drop in nearly four years last week but remain much higher than they were a year ago. Mortgage giant Freddie Mac said Wednesday that the average rate on the ... 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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