Mortgage Rates Drop to 3.5-Year Low, Offering Buyers a Timely Boost
Price softness is likely welcome news for buyers, and it comes on the heels of another market-friendly development for both buyers and sellers: a 3.5-year low in mortgage rates. The Freddie Mac 30-year fixed rate slipped to 6.01% this week—it’s lowest level since September 2022—and it’s down from 6.
End Property Taxes, Protect Police and Firefighters: Florida House Dares the Senate
In a step toward radical property tax reform, the Florida House of Representatives approved a joint resolution on Thursday that would completely end nonschool property taxes for homestead properties as soon as Jan. 1, 2027. The move came in the form of an amendment to HJR 203, introduced by Rep. Mon
L.A.’s Mansion Tax Chokes New Construction as Permits Plunge 40%, New Study Shows
The Los Angeles "mansion tax," officially known as Measure ULA, was adopted nearly three years ago to combat homelessness and fund affordable housing, but new research suggests the policy has backfired, stalling construction citywide. The controversial tax, which went into effect in April 2023, imp
A Little-Known Fact About Who Owns Millions of Acres of America’s Farmland
Millions of acres of farmland across the country are privately owned, but a small share of it is foreign-owned land sitting idle in many areas. That's according to new U.S. Department of Agriculture data which shows just how much of the nation's agricultural land is owned by other countries. The USD
Categories
Recent Posts
