Mortgage Rates Rise for Fifth Straight Week

The rate on 30-year mortgages rose to 6.72% from 6.54% last week, Freddie Mac said. Rates on 15-year mortgages rose to 5.99% from 5.71% last week.

Dip in Mortgage Rates Lowered Down Payments

Down payment dollar amounts fell in 21 states in the third quarter with the biggest decline in Florida, where they fell 24% from a year earlier.

Fewer Than 1/3 of Renters Pay Under $1K a Month

Most U.S. renters pay between $1,000 and $1,9999 a month across the nation. The median apartment asking rent now sits at $1,634.

‘Cat Fund’ Could Face $4.6B Storm Tab

The Florida Hurricane Catastrophe Fund is expected to have sufficient cash reserves to cover its portion of losses if the preliminary estimates hold steady.