In this Wednesday, Sept. 24, 2014 photo, developer Michael Capponi, left, photographs a waterfront property he renovated, during a viewing for brokers, in Miami Beach, Fla. The property is listing for... more 
In this Wednesday, Sept. 24, 2014 photo, developer Michael Capponi, left, photographs a waterfront property he renovated, during a viewing for brokers, in Miami Beach, Fla. The property is listing for $5,900,000, has 5,600 square feet, with seven bedrooms and seven and one half bathrooms. Freddie Mac, the mortgage company, releases weekly mortgage rates on Thursday, Oct. 2, 2014. (AP Photo/Lynne Sladky) less 
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Associated Press | Photo By Lynne Sladky
Thu, Oct 2, 2014 12:06 AM EDT