The average 30-year mortgage rate rose to 6.55% this week, Freddie Mac said. The increase is adding to borrowing costs and reducing purchasing power as inflation concerns push bond yields higher.

A recent cyberattack on a global real estate firm is raising fresh concerns about how companies protect customer, tenant and transaction data. Propmodo reported the May incident involved vishing, or voice phishing, underscoring the need for employee training, access controls and verification procedures.

The state's $1.8 trillion economy is now the world?s 14th largest after surpassing Australia and Mexico, according to the Florida Chamber Foundation. The foundation said Florida?s economy grew 6.3% over the past year, moving the state closer to its goal of ranking among the world?s 10 largest economies by 2030.