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Average five-year mortgage rate hits 12-year high

Average five-year mortgage rate hits 12-year high

The interest rate on a typical five-year fixed rate mortgage has topped 6% for the first time in 12 years. The typical deal now has a rate of 6.02%, the financial information service Moneyfacts says, a level not seen since February 2010....

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America gained 2.5 million new millionaires last year

America gained 2.5 million new millionaires last year

The number of rich people in the world rose at a rapid pace last year, boosted by gains in the stock market and house prices. As many as 5.2 million people became millionaires last year, with nearly half in the United States alone,...

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National Home Price Gains Exceeded 20% in May

National Home Price Gains Exceeded 20% in May

CoreLogic: Tampa had the highest year-over-year home price gain, 33.4%, for the 20 biggest metros. Fla. was the state with the highest home price gain at 33.2%. IRVINE, Calif. – CoreLogic’s Home Price Index for May reported that although...

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New Fla. Real Estate Laws Go into Effect July 1

A number of real-estate-related bills passed in the 2022 Florida Legislature and were signed by Gov. Ron DeSantis, including the Hometown Heroes program. ‘HOMETOWN HERO’ PROGRAM STARTS JUNE 1 50-plus careers qualify for home-buying help...

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What is a financial advisor and who really needs one?

After having experienced the difficulty of acquiring a mortgage to buy a real estate and realizing through family, friends and acquaintances the great need for financial help, they tried to take matters into their own hands and form a...

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Benefits of Becoming a Florida Resident

Florida Resident might have the best homestead exemption in the country It's common for states to raise their tax rates when they're struggling to collect revenues. Some states with no income taxes have high sales taxes, and some states...

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Housing Market becames the best investment in 2021

Americans Think It’s Better to Invest in Housing Than the Stock Market—Here’s Why Which is the better investment, owning a home or owning stocks? If you ask most Americans, chances are they prefer the former. A new study from the Federal...

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Retirement in Miami

Too many people don't think about their retirement until they need to retire. We want to build a retirement plan with you, contact us and we will assist you. On the other hand, we'll be posting all the news and reforms about it in the...

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