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– Maggie Rose, Realtor, Presents South West Florida Luxury Homes nationalizing Dudley Purchase Mortgage applications hit 8-year High. The average contract interest rate for 30-year fixed-rate mortgages (FRM) with conforming loan balances of $453,100 or less increased to 4.36 percent, its highest level since March 2017, from 4.33 percent a.
– Maggie Rose, Realtor, Presents South West Florida Luxury Homes In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly.
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