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Interest rates are trending down, that's good news for home buyers

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www.youtube.com – CBS Miami – 2024-08-26 06:32:05

SUMMARY: Interest rates are declining and are expected to drop further during the Federal Reserve’s meeting in September, which could positively impact borrowers. As rates decrease, mortgage rates may follow suit, potentially leading to significant savings for homebuyers. For instance, a reduction from 6.375% to 6% on a $400,000 loan could save roughly $100 monthly and $36,000 overall. While many are eager for lower rates, experts caution that increased buyer competition might drive home prices up. Those waiting to buy can benefit by placing their funds in high-interest savings accounts, allowing their money to grow while they wait.

Morgan Rynor reports that 30-year-fixed mortgage rates, which are controlled by the bond market, are already trending down.

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St. Petersburg City Council votes to repair Tropicana Field’s roof | Florida

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www.thecentersquare.com – By Steve Wilson | The Center Square – 2024-11-21 17:01:00

SUMMARY: The St. Petersburg City Council approved spending $55 million to repair Tropicana Field, including $26.3 million for roof replacement, after Hurricane Milton damaged it in October. Insurance and FEMA funds will cover some costs. However, Rays co-President Brian Auld doubts the repairs will be ready by 2026. The council delayed a vote on $333.5 million in bonds for a new $1.2 billion stadium, scheduled for 2028. The Rays argue the delay jeopardizes the project, having already spent $50 million. The team will play next season at George Steinbrenner Field in Tampa, paying $15 million to the Yankees.

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The post St. Petersburg City Council votes to repair Tropicana Field’s roof | Florida appeared first on www.thecentersquare.com

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Holiday shopping scams to watch out for

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www.youtube.com – ABC Action News – 2024-11-21 08:12:01

SUMMARY: As holiday shopping increases, cybersecurity officials warn of a rise in online scams, particularly on social media. There has been a staggering 495% increase in scams related to Black Friday and Christmas shopping. Cybercriminals are exploiting fake websites and impersonating legitimate businesses to steal money and personal information, with electronics being the most targeted items. Artificial intelligence is enhancing the realism of scams, making them harder to identify. Experts advise consumers to be cautious, check seller history, and rely on credit cards over gift cards or cryptocurrencies for safer transactions.

Experts warn to watch out for holiday shopping scams.

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Pet Alliance begins construction on new Orlando shelter after devastating fire

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www.youtube.com – FOX 35 Orlando – 2024-11-20 16:53:40

SUMMARY: The Pet Alliance in Orlando is building a new shelter after the previous adoption center was destroyed by a fire in 2021. The new facility, located on South John Young Parkway, will feature 25,000 sq ft of indoor and outdoor spaces, including a state-of-the-art veterinary area. This new shelter will allow the organization to double its medical capacity, providing enhanced care for animals. The facility aims to quickly adopt out dogs and cats, typically within nine days, and will also help rescue animals from overcrowded shelters. This marks a major step forward for the Pet Alliance’s mission.

The Pet Alliance of Greater Orlando has broken ground on a state-of-the-art animal shelter, three years after a fire destroyed its original adoption center. The new facility, located along South John Young Parkway, will span 25,000 square feet and include indoor and outdoor spaces designed to enhance care for cats and dogs.

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