DeSantis calls special session to address condo safety bill
DeSantis has called a special session of the Florida Senate for the week of Jan. 27 to address a series of issues, including complaints from condo owners that a 2022 law passed in response to the collapse of the Champlain Towers South in Surfside has led to onerous maintenance costs and special assessments for building repairs. Senate leaders balked at DeSantis’ call for a special session the week of Jan. 27, saying it was “premature” when the Legislature is already set to convene on March 4. “Condominium safety and ballot initiatives proposing constitutional amendments are complex subjects and should be considered during the regular session, not a truncated special session,” Senators Perez and Albritton wrote in the joint memorandum to the Legislature.
Source: TampaBay Times
Mortgage Rates
Surpass
Seven Percent
Mortgage rates ticked up for the fifth consecutive week and crossed seven percent for the first time since May of 2024. The underlying strength of the economy is contributing to this increase in rates. Despite rising rates, Freddie Mac research highlights that consumers can save money if they shop for several different lender quotes.
