CNBC, Oct. 4, 2024-Mike WintersWith homes becoming increasingly unaffordable, more buyers are using an increasingly popular strategy to lower their mortgage rate.Click here for more
Category: Top National News
Thousands of Uninsured Homes Were in Helene’s Path
Washington Post, Oct. 4, 2024–Kevin Crowe, Shannon Osaka and Molly Hennessy-FiskeOn average, just a tiny fraction of households in the inland counties hit hardest by Hurricane Helene and its remnants …
Natural Disaster Looming? Here’s What You Can Do to Start Recovery
Miami Herald, Oct. 4, 2024–Lew SichelmanReal estate contributor Lew Sichelman shares a step-by-step guide on how to assess damage, deal with insurance adjusters and contractors.Click here for more
13 Largest Homeowners Insurers Denied Nearly Half of Claims Last Year
National Mortgage News, September 26, 2024–Brad FinkelsteinLikely looking to offset the rising costs of climate change, the nation’s 13 largest homeowners insurers denied 47.5% of their claims last year, compared …
Mortgage Refinancing Likely to Quicken End of Fed’s QT
The Wall Street Journal, Sept. 30, 2024Increasing U.S. mortgage refinancing could accelerate the end of the Federal Reserve’s quantitative tightening, Deutsche Bank economists say in a note.Click here for more (subscription)
Assumable Mortgages Give Buyers a Second Chance at Low Rates
Marketplace, Sept. 23, 2024-Amy ScottAssumable mortgages were popular back in the early 1980s when mortgage interest rates shot up as high as 18%. They fell out of favor when rates …
Homebuyers: Here Are Your Do’s And Don’ts For a Smooth Transaction
Orange County Register, September 26, 2024–Jeff LazersonNavigating a home loan can be treacherous, so today I’ll share some best practices and gotcha’s for the borrower. First, let’s start with the …
Mortgage Foreclosure, Forbearance Data Now Available in FHFA’s New Dashboard
MPA, Sept. 30, 2024-Candyd MendozaThe Federal Housing Finance Agency (FHFA) has released updated data from its National Mortgage Database (NMDB®) on residential mortgage performance through the second quarter of 2024, …
To Expand Housing Counseling Services, HUD Taps Zillow
HousingWire, Sept. 17, 2024-Chris ClowThe federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans.Click here for more (subscription)
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The New York Times, Sept. 19, 2024-Danielle KayeMortgage rates dropped again this week, extending a monthslong decline fueled by expectations of a cut in interest rates by the Federal Reserve, …