BOCA RATON, Fla. — Even as updated inflation data shows persistent price pressures, the Federal Reserve faces continued uncertainty over interest rates, according to researchers at Florida Atlantic University. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at a continuously compounding annualized rate of 4.4% […]
News & Media By Amy Connolly TALLAHASSEE, Fla. — A 1% emergency assessment on Florida property insurance policies will end two years early after the Florida Insurance Guaranty Association voted to terminate the charge. Under the new timeline, the assessment will continue to appear on policies renewing through Sept. 30, 2026, but will end […]
NEW YORK – Mortgage rates are one of the most influential drivers of the U.S. housing market dynamic, but they are often misunderstood. And, for generations of homebuyers, the interest rate attached to a mortgage loan has dramatically shaped affordability, savings, and the trajectory of wealth building through homeownership. Today, however, buyers face mortgage […]
CHICAGO – A growing number of Americans are facing a harsh reality: Their retirement savings may not be enough. A new report from the National Institute on Retirement Security finds the average worker, ages 21 to 64, has less than $1,000 saved for retirement. For those with employer-assisted savings accounts, the median balance is […]
News & Media NEW YORK – Outdoor living spaces are wildly popular. A 2023 study conducted by Brown Jordan Outdoor Kitchens found that 63% of homeowners indicated they would prioritize an outdoor living space if they were to remodel their homes. Homeowners cite a multitude of motivations regarding their interest in upgrading their outdoor […]
NEW YORK – Your credit score can play a surprisingly big role in your financial life. From renting an apartment to getting a cellphone plan, your credit score can open doors or close them. Your credit score predicts how likely you are to pay bills on time. Lenders, landlords and even some employers use […]
GAINESVILLE, Fla. – Consumer sentiment among Floridians increased for the third consecutive month in February, rising 2.4 points to 79.3 from a revised figure of 76.9 in January. National consumer sentiment rose slightly this month. “February marks the third consecutive month of improvement in consumer sentiment. While both current conditions and future expectations strengthened, […]
News & Media WASHINGTON — The Internal Revenue Service has shared new information for taxpayers who have not yet received their refunds. Many people who claimed certain tax credits have noticed delays, and the agency has now explained why. The update mainly affects taxpayers who claimed the Earned Income Tax Credit (EITC) or the […]
News & Media WASHINGTON – If you’ve been hearing that credit scores are changing, you’re not imagining it. 2026 is shaping up to be a transition year for how lenders evaluate borrowers, especially for mortgages. Fortunately, most of the habits that help your credit stay healthy are not changing. The big shift: New scoring […]
News & Media NEW YORK — Lead generation has become more challenging amid higher mortgage rates, limited inventory and cautious buyers. Real estate professionals are refocusing their attention on relationship-based outreach to navigate tough market conditions. This includes reaching out to past customers and referrals, as well as focusing energy on open houses and […]
LOS ANGELES — Compass will allow its property listings that have yet to hit the broader market to appear immediately on real estate brokerage Redfin’s portal, part of a three-year agreement announced Thursday. The move could potentially bring more than 500,000 additional listings across Redfin’s website and app, New York-based Compass and Detroit-based Rocket […]
MIAMI – South Florida drivers are quick to tell stories about how much their car insurance has soared. But now they have a new story to tell: Many are getting refunds on their policies. In October, Florida Gov. Ron DeSantis said state regulators secured nearly $1 billion in premium refunds for Progressive auto insurance […]
