Mortgage Plus

While rates remain slightly below where they were a year ago, higher mortgage costs continue to weigh on the housing market by reducing buyers' purchasing power. More Below 🔗⬇️

Foreclosure filings surged 14% year over year in May, with Florida posting the worst rate in the nation at one filing for every 2,110 housing units, driven by rising property taxes, soaring insurance costs, and expiring mortgage rate buydowns on new construction.