For decades, Florida has served as a haven from high-tax, high-cost states -- attracting retirees, snowbirds, hourly workers, and increasingly, younger professionals priced out of other housing markets.
With headlines dominated by new tariffs, it's natural to wonder how much each state depends on international trade. More broadly, how closely is each state's economy tied to the flow of goods across U.S. borders?
According to the latest Primary Mortgage Market Survey from Freddie Mac, the average rate for a 30-year fixed-rate mortgage in the U.S. currently stands at 6.64% as of April 3, 2025.
In a notable shift in the housing market, baby boomers have surpassed millennials as the largest generational group of home buyers, according to the National Association of Realtors (NAR).
Posted on February 21, 2025
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