At 6.09%, the 30-year, fixed-rate loan moved even closer to 5%. It’s down from last week’s 6.13% and almost a point lower than highs of 7.08% reached in Oct.

Deep-pocketed buyers came back to South Florida in April after a slowdown in residential transaction since December.

More than 1 million people — many of them white-collar professionals — have moved to the Sunshine State since the pandemic began, helping prop up the local housing market

Knight Frank forecasts market prices to jump 5% next year

Warm weather, looser business regulations and lack of a state income tax continue to draw new residents to Florida