OCL - Weekly Blog

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Financial News | 7 Posts
Florida News | 2 Posts
Home Inspection | 2 Posts
Home Loans | 2 Posts
Home Ownership | 3 Posts
Mortgages | 1 Posts
Uncategorized | 3 Posts
September
13

The average rate on 30-year mortgages fell to 6.20% from 6.35% last week. A year ago, it was 7.18%. Rates on 15-year mortgages fell to 5.27% from 5.47%.

WASHINGTON – The average rate on a 30-year mortgage in the U.S. fell this week to its lowest level in 19 months, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week.

The rate fell to 6.20% from 6.35% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.18%.

The average rate is now the lowest it's been since February 12, 2023, when it was 6.12%.

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August
1

TALLAHASSEE, Fla. – With less than a month to go before school starts in Florida, the state is helping make school supplies more affordable.

Sales tax for certain items will be suspended during the Florida back-to-school sales tax holiday.

The following items are exempt from sales tax from July 29 to August 11:

Personal computers or personal computer-related accessories purchased for noncommercial home or personal use having a sales price of $1,500 or less:

  • Calculators
  • Desktops
  • Electronic book readers
  • Handhelds
  • Laptops
  • Tablets
  • Tower computers
  • Personal computer-related accessories, including:
  • Keyboards

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July
12

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June
12

Link to the full guide - 2024 Hurricane Guide

The Atlantic hurricane season lasts from June 1 through November 30, posing a very real risk of destruction and devastation. The threat is particularly strong in Florida, which has seen

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May
21

The bill, which was a 2024 Florida Realtors legislative priority, also includes changes to the Live Local Act. Hometown Heroes Housing Program funding begins July 1.

TALLAHASSEE, Fla. – Gov. Ron DeSantis signed a bill revising 2023's Live Local Act, providing an additional $100 million to the Hometown Heroes Housing Program (HHHP) for zero-interest downpayment and closing cost assistance home loans to fulltime employed Floridians who meet income requirements.

The HHHP financial boost injects new funding into a program that was so successful when it launched that funding was depleted in under two months. The new HHHP funding will be available after July 1.

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