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Jacksonville Real Estate Market Insights 5-9-2025

Jacksonville Real Estate Market Insights – May 9, 2025 Jacksonville’s real estate market continues to show resilience. The median home price has seen a modest increase of 5% year-over-year, indicating a stable growth pattern. Inventory levels remain relatively low, which means buyers may face some competition. Nevertheless, the market offers viable opportunities for both buyers […]

Mortgage Rates Update – May 9, 2025

Mortgage Rates Update – May 9, 2025 Mortgage rates in Jacksonville have seen slight fluctuations recently. As of this month, the average 30-year fixed mortgage rate is hovering around 7.00%. It’s crucial for potential homebuyers to keep a close eye on these rates as they can impact your monthly payments and overall home affordability. Consider […]

Medical Bills Banned from Credit Report

Medical bills have historically been placed on credit reports, ultimately lowering FICO scores and making credit harder to obtain for those with unpaid medical bills. A new ban from the CFPB removes this information from a consumer’s credit report.

Mortgage Rates Spike

The mortgage rates have been dropping in the past few weeks in anticipation of the Fed cutting their rate, which they did on Tuesday by 0.25 percentage points.

Highest Home Sales Since March

The latest Existing Home Sales data from the National Association of Realtors (NAR) shows sales at the highest seasonally adjusted pace since March.