30-Year, 15-Year Mortgage Rates Tick Higher

The average 30-year mortgage rate rose to 6.84% from 6.78% last week, the highest since July. Rates on 15-year fixed-rate mortgages increased to 6.02% from 5.99%.

Florida’s Oct. Housing: Inventory Up, Prices Ease

Florida Realtors Chief Economist: New listings of homes for sale in October were impacted by Hurricanes Milton and Helene. Inventory levels rose YoY.

NAR: Existing Home Sales Grew 3.4% in October

Existing home sales in the South climbed 2.9% from September to an annual rate of 1.77 million in October, up 2.3% from one year earlier. 

Citizens Insurance to End Year Under 1M Policies

The last time Citizens ended the year with fewer policies than it started was 2018, when the count was reduced from 440,406 policies to 427,397.