The rate on 30-year mortgages climbed to 7.40% from 7.28% last week, while the average 15-year rate increased to 6.73% from 6.60% last week.

As Hurricane Isaias approaches the state, members can look to Florida Realtors' Disaster Relief Fund for recovery assistance if the storm causes damage.

The new appraisal format changes how information is reported, not how value is determined. Florida Realtors will host an Oct. 16 webinar to help members prepare for the transition.

A bipartisan bill advancing in Congress would clarify that qualifying real estate professionals are independent contractors under federal labor law.