22 FL Cities With The Most New Businesses: Study Florida and other Southern states rank high for new businesses, a study said. 22 FL cities are on a list of most new businesses per capita. FLORIDA — As worries about the U.S. tipping into a recession continue,...
Debt has risen among older adults which could correlate with multiple illness diagnoses, but secured debt was less detrimental than unsecured debt according to data Older adults who find themselves burdened by debt in later life are faring worse on a variety of health-related issues when...
The housing market has increasingly discouraged young people from buying homes. A June 2022 survey by Money and Morning Consult found that given the state of the housing market over the past two years, 48% of Generation Z and 44% of Millennials report that they...
Reverse mortgages have often been described by both industry insiders and outside observers as having a reputational problem with the general public. However, as more product reforms have proliferated on the side of the Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) program and...
Existing-home sales fell to another record low in September as the housing market continues to undergo an adjustment due to the continuous surge in interest rates, the National Association of REALTORS said Thursday. Total existing-home sales in September declined for the eighth consecutive month, down 1.5%...
Rising rates may begin to be having their first effects on the activity of the reverse mortgage industry, based on the latest industry performance metrics for the prior month and according to leading industry analysts. Home Equity Conversion Mortgage (HECM) endorsements fell in May 2022 by...
Just in! September 2022 reports have been released from Florida Realtors® detailing recent real estate activity in St. Lucie County. The reports compare year-over-year data. Here are statistics on single-family homes. The upward trend continued in September, with the year-over-year monthly supply of inventory reaching 2.8...
Tapping home equity could make sense for some, but is a complicated decision that should be examined from all angles according to a new column. Reverse mortgage loans available to homeowners aged 62 or older could be a viable consideration for those seeking to find a...
After surveying more than 50 potential locations across the state, the Iraq and Afghanistan War Memorial Foundation has chosen Port St. Lucie’s Veterans Memorial Park as the home for its new monument. This monument will honor Floridians who served in our nation's wars in Iraq and...
The new column describes a climate of interest among financial planners for reverse mortgages, as they advise clients through a turbulent economy In a climate of general market volatility and high inflation, reverse mortgages may have become a more attractive option for seniors of qualifying age....
