The Housing Scene by Lew Sichelman, June 14, 2024People fortunate enough to own vacation properties likely insure their places just like they do their personal residences. But if they don’t …
Category: Top National News
Big Jump in Insurance Costs Strikes Condos
The Wall Street Journal, June 17, 2024-Nicole FriedmanBoard members of the Highland Park Community Association in Mission Viejo, Calif., braced last year for a rise in insurance costs.Click here for more
Homebuyers Take on ‘a Lot More Than a Mortgage Payment,’ Expert Says — ‘Hidden Costs’ Average $18,000 a Year
CNBC, June 11, 2024-Ana Teresa SoláIt’s no secret that buying a home has gotten more expensive in the U.S. But the cost of keeping and maintaining a home has gotten …
He Assesses Climate Risk on the Housing Market, and He Wants Your Attention
Marketplace.org, June 12, 2024–Amy Scott and Aleezeh HasanAs chief climate officer at Fannie Mae, Tim Judge assesses how climate change may affect housing and Fannie Mae’s huge mortgage portfolio.Click here for …
Will Mortgage Rates Fall After the June Fed Meeting? Here’s What Experts Think
MoneyWatch, June 5, 2024–Tim MaxwellAny interest rate drop would be welcome news for potential homebuyers looking for lower borrowing costs. But will mortgage rates fall after the June Fed meeting? …
Americans Have More Investment Income Than Ever Before
The Wall Street Journal, June 5, 2024-David UbertiLynn Hogan and her husband jokingly call themselves “the turtles” after methodically investing for decades. In the current race against inflation, which has …
Positive News on Inflation Pushes Mortgage Rates Down
National Mortgage News, June 6, 2024-Brad FinkelsteinAfter a brief sojourn back over 7%, mortgage rates fell for the fourth time in the past five weeks, as investors reacted to data …
‘It’s Not Sustainable’: Insurance Hikes Threaten Affordable Housing
The New York Times, June 7, 2024-David W. ChenFor years, Father Joe’s Villages, a nonprofit homeless services provider and housing developer in Southern California, could reliably count on the insurance …
Home Equity Issuance Could Double or Triple
Home Equity Lending News, June 10, 2024–Steve RappoportIndustry experts are upbeat about the future of the alternative lending market, and one is speculating that home-equity issuance could double or triple. …
MBA’s Killmer on Election Stakes for Mortgage Players
National Mortgage News, June 3, 2024–Andrew MartinezWith the November elections set to impact future policies and laws affecting real estate and housing finance professionals, one of the biggest trade groups …