CNN, Oct. 11, 2024-Elisabeth BuchwaldAn exodus of national insurance companies from Florida, combined with local private insurers canceling plans, has left many homeowners there with only one option: Citizens Property …
Category: Top National News
Federal Housing Leaders Speak to the Need for More Reverse Mortgage Understanding
HousingWire, Oct. 10, 2024-Chris ClowFederal Housing Administration (FHA) Commissioner Julia Gordon and David Berenbaum, deputy assistant secretary for the Office of Housing Counseling at the U.S. Department of Housing and …
California Offers 3.5% Down Payment Program for First-Time Homebuyers
Orange County Register, Oct. 10, 2024–Jeff LazersonMy Home Down Payment Assistance from the California Housing Finance Agency features a “deferred-payment” loan for down payment and closing costs, covering much of …
That Luxury Home Comes With an Ocean View—and Surging Insurance Costs
The Wall Street Journal, Oct. 1, 2024-Gina HeebRyan Harper and his wife decided to sell their Santa Clarita, Calif., mansion last year after the insurance premium on it nearly tripled. …
Home Prices Exploded in Park City. These Towns Are Taking Advantage.
The Wall Street Journal, Oct. 10, 2024-Nancy KeatesAfter a dozen years working in San Diego, Rob Ferguson had every intention of moving back to Park City, Utah. He wanted to …
Residents of a Mobile Home Park Join Forces to Buy Their Community
New York Times, Oct. 10, 2024-Anna KodéManufactured houses, widely known as mobile homes, are one of the most affordable options for homeownership in the United States, but they typically come …
How Strong Jobs Report Affected Mortgage Rates
National Mortgage News, Oct. 10, 2024-Brad FinkelsteinThe stronger-than-expected jobs report played havoc with mortgage rates this week, driving them to their highest level since the start of September, Freddie Mac …
10 Cities Poised to Benefit From Falling Mortgage Rates
Globe St., Oct. 10, 2024-Philippa MaisterMortgage rates on home loans are likely to stay in the low 6% range for the rest of the year, perhaps falling to the high …
Severe Storm Fallout Could Destabilize the Intersection of Mortgage and Insurance
HousingWIre, October 9, 2024–Chris ClowThere were already signs of instability due to extreme weather events, and the ravages of hurricanes Helene and Milton threaten to make it worseClick here for …
Using AI to Buy Your Home? These Companies Think it’s Time You Should.
USA Today, Oct. 9, 2024–Andrea Riquier The way Americans buy homes is changing dramatically. New industry rules about how homebuyers’ real estate agents get paid are prompting a reckoning among …