We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer.
Whenever we try to forecast mortgage rates, we should consider the advice of Mark Fleming, Chief Economist at First American:
“You know, the fallacy of economic forecasting is don’t ever try and forecast interest rates and/or,...
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage rates and purchase a home, housing inventory dropped even further. Experts consider this to be the biggest challenge facing an otherwise hot market while buyers continue to compete for homes. As Danielle Hale, Chief Economist at realtor.com, explains:
“With buyers active in the market and seller participation...
Angling teams can vie for victory by targeting bonefish, permit and barracuda while benefiting the charter fishing community during the annual Sugarloaf Showdown. Presented by the Lower Keys Guides Association, the catch-and-release challenge is scheduled Thursday through Saturday, Oct. 31 through Nov. 2.Florida Keys Newsroom
While the Florida Keys stone crab harvest runs from Oct. 15 to May 15, November’s annual Stone CrabClaw Eating Contest is an undisputed highlight of the seven-month season. The much-anticipated munch-a-thon is to draw amateur eaters and their fans Saturday, Nov. 9. Florida Keys Newsroom
The Florida Keys & Key West, with community efforts to sustain precious natural resources through the Connect & Protect initiative, continue to unveil ways to preserve the Keys’ environment and connect visitors who love the outdoors to the island chain’s unmatched beauty.Florida Keys Newsroom