Shutdown Could Disrupt NFIP, Real Estate Deals

A government shutdown may pause NFIP renewals, FHA loans and other real estate activity. NAR called on Congress to prevent the disruption.

Mortgage Rates Rise, 30-Year Reaches November High

The average rate on 30-year mortgages rose to 6.72% from 6.6%. Borrowing costs on 15-year fixed-rate mortgages rose to 5.92% from 5.84% last week.

Fla.’s Nov. Housing: New Listings, Inventory Up

Florida Realtors Chief Economist: Nov. saw a post-hurricane rebound for new listings, new pending sales. New listings, single-family up 7.2%; condos, up 5.4%.