HousingWire, Nov. 22, 2024-Kennedy EgertonAs low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market …
Category: Top National News
Rental Home Investors Poised to Benefit as Mortgage Rates, High Home Prices Sideline Buyers in 2025
The Associated Press, Nov. 22, 2024-Alex VeigaLOS ANGELES — Rental homes will remain an attractive option next year to would-be homebuyers sidelinedClick here for more
Time for a Makeover: Trade Groups Want a Revamp of the Major Flood Insurance Program
HousingWire, November 21, 2024-Brooklee HanThe National Flood Insurance Program is up for renewal next month, but after more than 30 short-term extensions, housing trade groups want more. (MBA interview)Click here for …
Americans Are Investing in ‘Hurricane-Resistant’ Homes
CNN, Nov. 12, 2024-Oscar HollandFlood insurance in hurricane-prone Crystal River, Florida would have cost Gene Tener $12,000 a year.Click here for more (subscription)
Dropping Homeowners Coverage Could Prove Costly
The Housing Scene, Nov. 15, 2024-Lew SichelmanIf you’re a homeowner who’s considering canceling your insurance coverage due to the high cost, think twice. Your lender will most certainly object, assuming …
MMI Fund Capital Reserve is Now 5X Larger Than Required
HousingWire, November 15, 2024-Chris ClowHUD and the FHA reported a solid year of financial performance for the Mutual Mortgage Insurance Fund, covering FHA’s Title II Single Family Mortgage Insurance programs. …
U.S. Inflation on the Rise Again
MPA, Nov. 13, 2024-Fergal McAlindenU.S. inflation ticked upwards in October, although likely not by enough to take a December interest rate cut by the Federal Reserve off the table.Click here for …
Natural Disaster Looming? Here’s What You Can Do to Start Recovery
Miami Herald, Nov. 12, 2024-Lew SichelmanThese days, disasters such as wildfires, tornadoes, floods and hurricanes are more powerful — and more frequent — than ever. It’s increasingly likely that wherever …
Housing Shortage Fuels Home Equity Boom
MPA, Nov. 18, 2024-Candyd MendozaAmid low housing inventory and rising debt, more homeowners are turning to their home equity to strengthen their financial standing, according to a recent TD Bank …
Longer-Term Mortgage Delinquencies Increase
MPA, Nov. 8, 2024-Candyd MendozaMortgage delinquencies inched up over the past year, largely due to a rise in longer-term delays, according to the Mortgage Bankers Association’s latest National Delinquency Survey.Click …