Car ownership costs now rival mortgage payments in determining true housing affordability, with transit-accessible homes commanding a price premium nationally, according to new data.

he average 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, while the average 15-year rate dropped to 5.79% from 5.84%, mortgage buyer Freddie Mac said.

A new survey found 47% of U.S. consumers were targeted by fraud last quarter, most through phishing, smishing or voice cloning, as AI lowers the cost of mortgage fraud schemes.

Self-employed investors are buying more single-family homes, often using alternative loans that focus on rental income rather than traditional paychecks. The trend is especially relevant in Florida, where investor activity can shape both buyer competition and rental supply.

A fresh state budget and two new Florida housing laws take effect July 1, advancing Florida Realtors legislative priorities tied to housing supply, affordability and local housing options. The changes inject new money into popular housing programs, make funds available for home hardening programs and update parts of the Live Local Act, among other things.